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What is Associational Economy

Chapter 61
Encyclopedia of Networked and Virtual Organizations
Relationships and exchanges in which shared interests, knowledge transfer, and mutually imparted empowerment assume importance equal to or greater than the monetary value of the transactions.
Published in Chapter:
Economic Development Alliances
Fred Young Phillips (Alliant International University, USA and Maastricht School of Management, The Netherlands)
Copyright: © 2008 |Pages: 8
DOI: 10.4018/978-1-59904-885-7.ch061
Abstract
Metropolitan and rural regions around the world compete to attract enterprises (private companies, NGOs, parastatals, and government agencies) that offer wellpaying jobs. Economic globalization and new technologies make necessary, and at the same time make possible, new strategies for economic development (ED). Increasingly, these new strategies involve intraregional and inter-regional alliances.
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