Beyond Production and Standards: Toward a Status Market Approach to Territorial Innovation and Knowledge Policy

Stewart Macneill and Hugues Jeannerat

Regional Studies, 2016, vol. 50, issue 2, 245-259

Abstract: M ac N eill S. and J eannerat H . Beyond production and standards: toward a status market approach to territorial innovation and knowledge policy, Regional Studies . Current theoretical and policy models of innovation are usually production based and give prominence to producer-supplier relations. Drawing on a socio-economic approach to markets, the paper reconsiders these established models in order to broaden the understanding of innovation and territorial knowledge dynamics. The premium segment sports cars innovated in the UK's West Midlands is examined and the production and standard market of the global automotive industry is contrasted with the status market in which new local innovation embed across specific supplier-producer and producer-consumer relations. A status innovation policy approach is finally proposed to address innovation in developed economies.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://hdl.handle.net/10.1080/00343404.2015.1019847 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:50:y:2016:i:2:p:245-259

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CRES20

DOI: 10.1080/00343404.2015.1019847

Access Statistics for this article

Regional Studies is currently edited by Ivan Turok

More articles in Regional Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().