The Theoretical Building Blocks for Technology and Industrial Parks

Andrés Rodríguez-Pose and Daniel Hardy ()
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Daniel Hardy: London School of Economics

Chapter Chapter 2 in Technology and Industrial Parks in Emerging Countries, 2014, pp 7-13 from Springer

Abstract: Abstract No single body of literature offers a fully encompassing framework for the use of technology and industrial parks. Instead, justification arises from the collection of a variety of theoretical building blocks from a broad set of intellectual traditions. At its foundation, park models are grounded in our contemporary understanding of the nature of knowledge for economic development and the ways in which it is both accumulated and diffused, a discourse most prominent in modern economic growth theories. Other complementary building blocks include literatures on agglomeration economies, absorptive capacities, regional systems of innovation, institutions, and the role of the triple helix institutions for development. By gathering a number of ideas and predictions in each of these theoretical traditions, parks can be introduced as viable instruments to achieve economic development. However, in addition to highlighting a range of policy opportunities, different scientific strands also draw attention to major challenges that park policies must come to terms with to accomplish their goals and to get the most from projects implemented in their territories.

Keywords: Knowledge; Knowledge diffusion; Economic development; Agglomeration; Spillovers; Innovative environments; Innovation policies (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sbrchp:978-3-319-07992-9_2

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DOI: 10.1007/978-3-319-07992-9_2

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