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Competitiveness and Polycentrism for SMEs in Bogotá Region, Colombia
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Author(s): Luis Armando Blanco (Universidad Externado de Colombia, Colombia), Fabio Fernando Moscoso Duran (EAN University, Colombia)and Julián Marcel Libreros (Universidad Jorge Tadeo Lozano, Colombia)
Copyright: 2020
Pages: 26
Source title:
Handbook of Research on Increasing the Competitiveness of SMEs
Source Author(s)/Editor(s): Rafael Perez-Uribe (Universidad de la Salle, Colombia), David Ocampo-Guzman (EAN University, Colombia), Carlos Salcedo-Perez (EAN University, Colombia), Lorena Piñeiro-Cortes (EAN University, Colombia)and Maria Del Pilar Ramirez-Salazar (EAN University, Colombia)
DOI: 10.4018/978-1-5225-9425-3.ch003
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Abstract
This chapter studies the dynamics of Bogotá Region based on the New Economic Geography and the recent works on economic development in two big dimensions: the economic and the spatial structure; that is, productivity and polycentrism. The central thesis, supported on an econometric exercise for SMEs in 20 cities in Bogotá-Sabana region, is that with greater strength in the interior of Bogotá and less in the city region, a transition from monocentrism to functional polycentrism is consolidating. Krugman's Edge Cities model concludes that polycentrism comes from a process of spontaneous self-organization and produces a territorial order according to the mysterious ZIP law and consistent with efficiency, equity, and sustainability.
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