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Economic Growth, Innovation and Competitiveness in a Knowledge-Based World Economy: Introduction

Peter Nijkamp, Iulia Siedschlag () and Donal Smith
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Donal Smith: Economic and Social Research Institute

Chapter Chapter 1 in Innovation, Growth and Competitiveness, 2011, pp 1-11 from Springer

Abstract: Abstract The theory of economic growth has regained much interest and popularity in recent years. Both the theoretical scope and its empirical basis have been significantly enriched in recent years thanks to the emergence of spatial endogenous growth concepts, the rise in interest in agglomeration externalities as expressed by new economic geography, new innovation theory as a basis for understanding complex spatial dynamics, and the recent creativity paradigm as a source for spatial revitalisation (see also Nijkamp 2009). In all these contributions more emphasis has been placed on economic actors in space, in particular on the way they interact through networks, learning mechanisms, institutional constellations and spatial externalities at various geographical levels.

Keywords: Social Capital; Foreign Direct Investment; Absorptive Capacity; Knowledge Spillover; Composite Indicator (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-14965-8_1

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DOI: 10.1007/978-3-642-14965-8_1

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