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Competitiveness and Polycentrism for SMEs in Bogotá Region, Colombia

Competitiveness and Polycentrism for SMEs in Bogotá Region, Colombia

Luis Armando Blanco, Fabio Fernando Moscoso Duran, Julián Marcel Libreros
Copyright: © 2020 |Pages: 26
ISBN13: 9781522594253|ISBN10: 1522594256|EISBN13: 9781522594260
DOI: 10.4018/978-1-5225-9425-3.ch003
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MLA

Blanco, Luis Armando, et al. "Competitiveness and Polycentrism for SMEs in Bogotá Region, Colombia." Handbook of Research on Increasing the Competitiveness of SMEs, edited by Rafael Perez-Uribe, et al., IGI Global, 2020, pp. 54-79. https://doi.org/10.4018/978-1-5225-9425-3.ch003

APA

Blanco, L. A., Duran, F. F., & Libreros, J. M. (2020). Competitiveness and Polycentrism for SMEs in Bogotá Region, Colombia. In R. Perez-Uribe, D. Ocampo-Guzman, C. Salcedo-Perez, L. Piñeiro-Cortes, & M. Ramirez-Salazar (Eds.), Handbook of Research on Increasing the Competitiveness of SMEs (pp. 54-79). IGI Global. https://doi.org/10.4018/978-1-5225-9425-3.ch003

Chicago

Blanco, Luis Armando, Fabio Fernando Moscoso Duran, and Julián Marcel Libreros. "Competitiveness and Polycentrism for SMEs in Bogotá Region, Colombia." In Handbook of Research on Increasing the Competitiveness of SMEs, edited by Rafael Perez-Uribe, et al., 54-79. Hershey, PA: IGI Global, 2020. https://doi.org/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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