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Challenges of Transformation: Innovation, Re-bundling and Traditional Manufacturing in Canada's Technology Triangle

Harald Bathelt (), Andrew Munro () and Ben Spigel ()

No 1111, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: This paper develops a perspective of regional re-bundling in overcoming economic crises. It does this by focusing on the effects of the recent global financial crisis on traditional manufacturing. We analyze the structure of innovation processes and their development over time in CanadaÕs Technology Triangle Ð a region known for university-related spin-off processes and successful modernization. What is less well-known is that this region has been strongly influenced by traditional manufacturing industries. We show that these industries have been well prepared to deal with the effects of the crisis due to ongoing innovation and diversification stimulated by prior economic crises.

Keywords: CanadaÕs Technology Triangle; manufacturing sector; global financial crisis; re-bundling; innovation practices/strategies (search for similar items in EconPapers)
JEL-codes: L16 L61 L62 O31 R11 (search for similar items in EconPapers)
Pages: 54 pages
Date: 2011-06, Revised 2011-06
New Economics Papers: this item is included in nep-cse and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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