Restructuring of the Economic Development in North Rhine-Westphalia: From the German Center of Mining and Metal Industry Towards German “Silicon Valley”
Journal Title: Економіка: реалії часу - Year 2015, Vol 5, Issue 21
Abstract
The article explores evolution of the economic development of North Rhine-Westphalia, the largest German region, which suffered a major economic recession in the period of 1960s and 1970s. It demonstrates how public authorities at different levels of this German State policies and tools applied to implement a large-scale transition at the economic, social, professional qualification and human potential in North Rhine-Westphalia. Furthermore the article analyzes effects achieved during the transition within the last decades as well as upcoming development trends. Keywords: potential of the region, competitive economy, scientific organization, cluster approach
Authors and Affiliations
Eduard Patrik
Keywords
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