x. Vence-Deza & J.S. Metcalfe U. of Santiago de Compostela & U. of Manchester This book contains selected papers presented at the International Congress "European Periphery Facing the New Century" held in Santiago de Compostela, Galicia, at the end of 1993. The general aim of this congress was to rethink the great economic and social changes in Europe during the last decade from a critical view, specially focused on peripheral regions and the conditions for an enduring process of development. Both economic, social and political changes affect the characteristic diversity of Europe and they have a special impact on the countries and regions that were traditionally known as the periphery within Western Europe. The list of concerns is long: regions with different levels of development compete within a new single market; the free movement of productive factors modifies the traditional pattern of industrial location, increasing tendencies to regional concentration shift the balance of income generation; new competitors enter traditional markets; information technology creates new possibilities of industrial organization and cooperation; competitivity is based on different capabilities to innovate and to promote structural change, and these capabilities differ among regions; traditional regional policies fail in the present even more than in the past. Hence the central concern of this volume, to explore the links between diversity and regional development.
"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--
First Published in 1999. The process of globalization is shaped and reinforced by a rapidly changing knowledge environment. As economies become less constrained national frontiers they become more geographically specialized. Thus, important elements of the innovation process tend to become regional rather than national. In this new environment, large corporations are weakening their links with their home country, spreading their innovation activities to source different regional systems of innovation. Regional networks of forms are creating new forms of learning and production. The aim of this book is to broaden, both conceptually and empirically, the 'national systems of innovation' approach, developed by Lundvall, Freeman, Nelson and others. While recognizing the creative nature of economic adjustment in a turbulent world and the highly uneven distribution of economic growth, the national systems approach lacks a mechanism by which to understand innovation when realistic unit of analysis is no longer the nation state. Written by leading scholars in the field, this book provides a ground-breaking examination of sub-regional systems of innovation in an interconnected global economy.
In an era of intense globalization, the critical role of the region as a center for economic development has sometimes been overlooked. Moreover, innovation is increasingly being recognized as being a critical driver of economic growth and development. However, innovation is no longer being seen as a function of research and development; nor is R&D being seen as being sufficient for the creation of technology-intensive industries and the valuable economic spillovers that result in high value-added jobs and exports. Indeed, much more than ever before, it is the combination of factors that contributes to innovation - ranging over skills, finance, production, user-producer linkages, the capacity of organizations to learn, and multilayered government policies - that make local regions the favorites of fortune. Using an evolutionary economic perspective, and drawing on a range of disciplines and accomplished scholars, Local and Regional Systems of Innovation explores important issues at a conceptual, methodological and comparative level concerning how successful locations actually construct their comparative advantage.
This book illustrates that, although innovation has always mattered in economic development, simply increasing expenditure in creating knowledge may not be the answer: we need to look at the whole system through which such knowledge translates to value creation. The contributors explore the implications of the changing twenty-first century context of networked, global and increasingly open innovation a world in which knowledge flows become as important as knowledge creation. In so doing, they address four key questions: what is the context within which innovation occurs in the UK? How do new firms form on the basis of knowledge and its deployment? How do established firms access and use knowledge to improve their current activities and generate new directions? What technical and organizational infrastructures enable these activities? Drawing out lessons for future research, this book will be of great interest to academics concerned with science and innovation policy and its implementation. Managers and policy makers involved in innovation and technology strategy, and with developing responses to new challenges such as open innovation , will also find much to interest them within this book.
Rethinking Regional Innovation and Change brings together papers from leading international scholars in the field of regional development and policy. The contributors examine the interactions between path-dependent developments, institutions, and governance structures that influence regional innovation capacity. Up-to-date case studies present diverse theoretical perspectives from economics, political science, geography, planning, and public policy.
Waste to Wealth proves that 'green' and 'growth' need not be binary alternatives. The book examines five new business models that provide circular growth from deploying sustainable resources to the sharing economy before setting out what business leaders need to do to implement the models successfully.
Susan Cozzens, Dhanaraj Thakur, and the other co-authors ask how the benefits and costs of emerging technologies are distributed amongst different countries _ some rich and some poor. Examining the case studies of five technologies across eight countri