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

Wong, S. K., Shi, S. and Zheng, C. ORCID: https://orcid.org/0000-0002-3480-0167 (2021) Network capital and urban development: an inter-urban capital flow network analysis. Regional Studies. ISSN 1360-0591 (In Press)

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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
Refereed:Yes
Divisions:Henley Business School > Real Estate and Planning
ID Code:98964
Publisher:Routledge

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