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Bilbao Effect – Presentation, Examples, Perspectives

Alexandru Bîrsan (), Darko Shuleski () and Crina Veronica Cristea ()
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Alexandru Bîrsan: Bucharest University of Economics Studies
Darko Shuleski: Bucharest University of Economics Studies
Crina Veronica Cristea: Bucharest University of Economics Studies

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 2, 218-222

Abstract: According to Nick Milton, knowledge is undoubtedly the only element that makes the difference between humans and animals. Thus, knowledge is an attribute which is specific only to humans.[1] Given the fact that nowadays society is subject of a steady, yet constant change in terms of economy, social and community, we believe that attention should be focused to designing and implementing new, out of the ordinary project that should enable the growth and well being of a community. The present paper aims on presenting the Bilbao Effect and how it has influenced the cultural and economic reconversions in Spain and France. Going forward, we consider that replicating the Bilbao Effect as a regional project in Romania would have a positive impact in terms of social and economic growth, both regions wide and nationwide.

Keywords: Bilbao Effect; territorial intelligence; knowledge economy (search for similar items in EconPapers)
JEL-codes: R11 R12 (search for similar items in EconPapers)
Date: 2015
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