Knowledge Externalities, Innovation Clusters and Regional Development

Knowledge Externalities, Innovation Clusters and Regional Development

Author: Jordi Suriñach

Publisher: Edward Elgar Publishing

ISBN: 9781847207173

Category: Business & Economics

Page: 320

View: 768

This book begins with a theoretical examination of regional innovation systems, agglomeration economics and knowledge spillovers, before going on to examine the same concepts within an empirical framework. Special emphasis is given to the importance of proximity in the formation of regional innovation systems. It concludes by considering innovation and human capital as determinants of regional economic growth. The concept of knowledge spillovers is used within the book to explain a number of major economic phenomena, including the geographical clustering of inventions; the social returns to R&D that significantly exceed private returns; and the sizeable disproportions that exist between firms in terms of their R&D inputs and outputs. The contributors identify that small firms are responsible for far more product innovations than large firms relative to their measurable knowledge resources. The book also stresses the importance of a catch-up mechanism that sees technological improvement as the combination of two distinct types of activity: innovation and imitation. In this way, the impact of human capital and other types of knowledge acquisition on economic growth is measured. The conclusions of the contributors are invaluably oriented to policy implications. This book will appeal to researchers and postgraduate students of regional science and innovation and knowledge, as well as policymakers.

The Geography of Innovation

The Geography of Innovation

Author: M.P. Feldman

Publisher: Springer Science & Business Media

ISBN: 0792326989

Category: Science

Page: 178

View: 346

This book offers a geographic dimension to the study of innovation and product commercialization. Building on the literature in economics and geography, this book demonstrates that product innovation clusters spatially in regions which provide concentrations of the knowledge needed for the commercialization process. The book develops a conceptual model which links the location of new product innovations to the sources of these knowledge inputs. The geographic concentration of this knowledge fonns a technological infrastructure which promotes infonnation transfers, and lowers the risks and the costs of engaging in innovative activity. Empirical estimation confinns that the location of product innovation is related to the underlying technological infrastructure, and that the location of the knowledge inputs are mutually reinforcing in defining a region's competitive advantage. The book concludes by considering the policy implications of these fmdings for both private finns and state governments. This work is intended for academics, policy practitioners and students in the fields of innovation and technological change, geography and regional science, and economic development. This work is part of a larger research effort to understand why the location of innovative activity varies spatially, specifically the externalities and increasing returns which accrue to location. xi Acknowledgements This work has benefitted greatly from discussions with friends and colleagues. I wish to specifically note the contribution of Mark Kamlet, Wes Cohen, Richard Florida, Zoltan Acs and David Audretsch. I would like to thank Gail Cohen Shaivitz for her dedication in editing the final manuscript.

Handbook of Regional Innovation and Growth

Handbook of Regional Innovation and Growth

Author: Philip Cooke

Publisher: Edward Elgar Publishing

ISBN: 9780857931504

Category: Business & Economics

Page: 648

View: 700

Today, economic growth is widely understood to be conditioned by productivity increases which are, in turn, profoundly affected by innovation. This volume explores these key relationships between innovation and growth, bringing together experts from both fields to compile a unique Handbook. The Handbook considers innovation from fresh perspectives, encompassing topics such as services innovation, inward investment and innovation, creative industry innovation and green innovation. It is divided into seven sections, dealing with regional innovation and growth theory, dynamics, evolution, agglomeration, innovation 'worlds', innovation system institutions, and innovation governance and policy. This definitive compendium on regional innovation and growth will undoubtedly appeal to teachers, students, researchers and practitioners of innovation and growth dynamics worldwide.

Handbook of Research on Cluster Theory

Handbook of Research on Cluster Theory

Author: Charlie Karlsson

Publisher: Edward Elgar Publishing

ISBN: 9781848442849

Category: Business & Economics

Page: 316

View: 570

Karlsson has assembled a strong mix of papers that collectively provide a good sense of some of the latest research in the field. Edward Feser, Review of Regional Studies This is a book every regional scientist and spatial analyst should have on their bookshelf. Like most Handbook type publications it provides depth and breadth on the basics of the industrial clustering concept. However, unlike most of these type of collections, it goes beyond the foundation material to identify and speculate on questions that are emerging on the research frontiers such as at the intersection of cluster theory and agglomeration processes, knowledge spillovers and technology transfer not to mention the obvious link to economic development theory, policy and practice. Roger R. Stough, George Mason University, US This eclectic volume presents a host of methods to describe tendencies for the joint location of economic agents in space. And it illustrates useful applications of these concepts in diverse fields financial services, culture, tourism, and industry, to name just a few. John M. Quigley, University of California, US Clusters have increasingly dominated local and regional development policies in recent decades and the growing intellectual and political interest for clusters and clustering is the prime motivation for this Handbook. Charlie Karlsson unites leading experts to present a thorough overview of economic cluster research. Topics explored include agglomeration and cluster theory, methods for analysing clusters, clustering in different spatial contexts and clustering in service industries. Encompassing the developed economies of Europe and North America, the Handbook provides a basis for improving cluster policy formulation, interpretation and analyses. This comprehensive overview of research on economic clusters will be of interest to scholars and PhD students in (regional) economics, economic geography, regional planning and management as well as practitioners and policymakers at the national, regional and local levels involved in cluster formation and cluster management.

Companies, Cultures, and the Region

Companies, Cultures, and the Region

Author: Nick Clifton

Publisher: Routledge

ISBN: 9781134929061

Category: Business & Economics

Page: 184

View: 198

Europe has its strength in regional cultural diversity. However, current debates surrounding globalisation and the integration of markets tend to focus on the homogenisation of cultures, whilst the emergence of vital and innovative regional cultures has typically been neglected. This edited collection addresses this gap, considering relevant questions such as how strategies, orientations, values and symbols help a company to become aware of its location, and how different regional cultures are of interest to particular types of companies. The book’s central focus is the interaction of regional and corporate cultures; how different cultures come together, shape each other and change. The volume takes an interdisciplinary approach, bringing together research from cultural science, regional science, social science and economics. This book was originally published as a special issue of the journal European Planning Studies.

Re-framing Regional Development

Re-framing Regional Development

Author: Philip Cooke

Publisher: Routledge

ISBN: 9781136223037

Category: Business & Economics

Page: 392

View: 318

Turbulence characterises the current global scene. This book uses complementary theoretical approaches to understand and help prescribe policies to ‘re-frame’ the regional development problem in turbulent times. These approaches are: evolutionary complexity; evolutionary economic geography; emergence theory; and resilience theory. From below, they address the four major crises creating a ‘perfect storm’ for societies and economics involving: the climate change crisis; the energy crisis; the banking and financial crisis; and the global economic crisis. This book analyses and proposes ways in which regional economies, in particular, are having to be ‘reframed’ to address these crises. First, many must evolve in new ways, possibly moving back from the ‘service economy’ towards a new, greener form of manufacturing of goods as well as services. Accordingly, regional economies are innovating in new ways. Amongst these are the quest for ‘relatedness’ within their own regional orbits, and promoting ‘modularity’ as a mode of analysis and a policy stance to stimulate innovation across industry and geographical borders. Finally, regional economies and societies are discovering that, from a ‘resilience’ perspective, they must find answers to the higher levels of governance with which they increasingly struggle. In this respect regional economies are in ‘transition’ and regional processes are ‘emergent’. The transition seeks to address the four crises, involving re-balancing, re-directing and re-framing future policy and practice. This book describes many of the novel ‘framings’ involved in understanding the new ways in which this major task is being addressed in theory, policy and everyday practice.

The Innovation Union in Europe

The Innovation Union in Europe

Author: Elias G. Carayannis

Publisher: Edward Elgar Publishing

ISBN: 9780857939913

Category: Business & Economics

Page: 208

View: 503

One of the most important economic events in recent decades has been the on-going process of European integration. This book provides a basic yet rigorous understanding of the current issues and problems of economic integration and innovation in Europe, and argues that national or regional economic development depends mainly on technical change, social and human capital, and knowledge creation and diffusion This is clearly evident in the role of the Quadruple Innovation Helix of government, university, industry and civil society. Uniquely, the book examines the many aspects and consequences of the integration process that are obscure or as yet under-researched. The authors explore a wide range of topics, methodologies and perspectives in order to provide a stimulating and wide-ranging analyses. The Innovation Union in Europe will be of interest to students, economic theorists, empirical and social scientists, policy makers, as well as the informed general reader.

The Economics of Regional Clusters

The Economics of Regional Clusters

Author: Uwe Blien

Publisher: Edward Elgar Publishing

ISBN: 1782542566

Category: Business & Economics

Page: 328

View: 973

This important new book takes a critical view on regional industry clusters, in particular their identification and formation, and the policies which help create and support them.

Perspectives on Supplier Innovation

Perspectives on Supplier Innovation

Author: Alexander Brem

Publisher: World Scientific

ISBN: 9781848168992

Category: Business & Economics

Page: 713

View: 126

Hardly anybody outside a company knows its products and processes better than its suppliers. Research confirms that intensive integration of suppliers in the value creation process positively influences the success of the company, particularly in highly competitive industries. This is a result of the progressing reduction in the depth of value creation of manufacturers and the increasing transfer of know-how towards suppliers. In multilevel business-to-business relationships, suppliers often have the best or the only access and comprehensive knowledge about the end users. Therefore, suppliers determine the scope of possible innovations, which most companies do not actively use. This unique volume provides a comprehensive overview of theories, concepts and especially empirical results on open innovation and the integration of suppliers. For this, authors from all over the world present their latest research results offering fascinating insights into collaborative approaches with suppliers.

Innovative Places in Europe

Innovative Places in Europe

Author: Julian Phillip Christ

Publisher: Peter Lang Pub Incorporated

ISBN: 3631633033

Category: Business & Economics

Page: 351

View: 933

Regional disparities and spatial clustering are ubiquitous in today's world. This study contributes with empirical findings on the distribution of European research and patenting activity since the 1980s at the regional level. Besides a general theoretical part, it offers a quantitative clustering analysis, which makes use of EPO patent applications and a harmonized regional and technological classification. Moreover, the pan-European study incorporates a structural analysis of inter-regional co-patenting networks at the regional and technological level that covers the 1990s and 2000s. Finally, European regional income and growth disparities are addressed by placing emphasis on the spatial distribution of research activity and the regional settlement structure.

Business Model Design Compass

Business Model Design Compass

Author: JinHyo Joseph Yun

Publisher: Springer

ISBN: 9789811041280

Category: Business & Economics

Page: 232

View: 201

This book reveals how open innovation utilizes the developing circle of business models to establish new ones that define a unique link between technology and markets, focusing on how to develop and maintain successful business models. It draws readers into the philosophy and economic effects of open innovation from the outset.It presents four different developing circle business models for customers in the role of consumers, entrepreneurs, social entrepreneurs and engineers respectively, enabling each group to develop, utilize and enlarge creative business models, and even switch business models.In addition to these four circles, it takes a systemic approach to describe the relationship between technology and markets. From this relationship an open innovation strategy towards entrepreneurship can be adopted. From Open Innovation to a Creative Developing-Circle Business Model is an essential resource for start-up entrepreneurs, as well as for students of technology management, strategy and open innovation.