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The Economic Development Role of Regional Logistics Hubs: A Cross‐Country Study of Interorganizational Governance Models
Author(s) -
Bolumole Yemisi A.,
Closs David J.,
Rodammer Frederick A.
Publication year - 2015
Publication title -
journal of business logistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.611
H-Index - 79
eISSN - 2158-1592
pISSN - 0735-3766
DOI - 10.1111/jbl.12088
Subject(s) - business , prosperity , corporate governance , typology , industrial organization , government (linguistics) , supply chain , competition (biology) , productivity , regional science , marketing , economic growth , economics , finance , linguistics , philosophy , archaeology , geography , history , ecology , biology
As global competition intensifies, the geographic fragmentation of supply chain activities is creating a concentration of trade at regional freight gateways or hubs. This has significant implications for the economic prosperity of the specific gateway regions. The study explores the deliberate governance efforts of regional economic development agencies and the communities they support in their attempts to exploit location‐specific logistics assets to deliver economic productivity gains. Drawing on the new institutional economics’ body of literature, the research explores prevalent governance models which represent the proactive attempts by these agencies to transform regional logistics capability into cohesive hub strategies. By adopting exploratory cluster‐mapping procedures, web content analysis, and D elphi panels, study findings suggest a typology of multijurisdiction, and multiagency governance models representing the collaborative efforts between public sector and government agencies, academic institutions, and private sector organizations within selected E uropean and U.S. logistics hubs. Each governance type is defined in accordance to specific economic organization and proficiency characteristics.