Network capital and urban development: an inter-urban capital flow network analysis

Shi, S., Wong, S. K. and Zheng, C. ORCID: https://orcid.org/0000-0002-3480-0167 (2022) Network capital and urban development: an inter-urban capital flow network analysis. Regional Studies, 56 (3). pp. 406-419. ISSN 1360-0591 doi: 10.1080/00343404.2021.1955098

Abstract/Summary

This study investigates the role of network capital in urban development by utilizing Mergers & Acquisitions (M&As) as a flow metric to construct China’s inter-urban capital flow network. Firstly, an uneven geography of network capital is revealed, indicating regional disparity. Secondly, we identify a positive impact of outward- and gateway-network capital on urban economic growth. Additionally, the impact of the emergent network capital is moderated by local human capital and knowledge stock, indicating a networked agglomeration economy. The findings support a coordinative and place-based policy for fostering urban and regional development.

Item Type	Article
URI	https://reading-clone.eprints-hosting.org/id/eprint/98964
Item Type	Article
Refereed	Yes
Divisions	Henley Business School > Real Estate and Planning
Publisher	Routledge
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