Territorial servitization and the manufacturing renaissance in knowledge-based economies
Esteban Lafuente,
Yancy Vaillant and
Ferran Vendrell-Herrero
Regional Studies, 2019, vol. 53, issue 3, 313-319
Abstract:
The analysis of how the development of knowledge-intensive business service (KIBS) sectors in certain territories contributes to rebuild the competitive advantage of manufacturing businesses – a process described as territorial servitization – has increasingly drawn scholarly and policy attention. The collection of nine papers in this special issue brings new insights into how institutional and spatial as well as socioeconomic and industry-specific attributes underpin the development of territorial servitization. By adopting a multidisciplinary perspective that combines a variety of frameworks (organizational, place-based, economic geography), the mechanics and relationships underlying territorial servitization as well as its territorial economic repercussions are developed. This editorial first portrays territorial servitization as a local hybrid value chain and argues that effective territorial servitization requires a value adding fit between manufacturers and KIBS. Also, it provides a number of yet unresolved topics that deserve academic attention.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:53:y:2019:i:3:p:313-319
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DOI: 10.1080/00343404.2018.1542670
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