Theoretical Framework: A Spatial Perspective On Innovation and the Genesis of Regional Growth

Riccardo Crescenzi and Andrés Rodríguez-Pose

Chapter Chapter 2 in Innovation and Regional Growth in the European Union, 2011, pp 9-29 from Springer

Abstract: Abstract Technological change seems to be making innovation not only more “globalised” but also more “territorially-specific”. Innovation relies on “global” knowledge flows of formal codified knowledge, but as these flows become progressively easier to access and exchange, the territorial aspect of innovation and learning has become a key resource in competitive advantage. In order to understand this process, however, it is necessary to reconsider the linear model of innovation. As we will discuss in this chapter, innovation is a collective learning and socially embedded process that is crucially dependent on tacit knowledge and “untraded interdependencies”. Consequently a dialectical linkage has been established between innovation and space. While territories, with their social, cultural and institutional realm, are crucial for successful innovation, innovation is in turn a key source of competitive advantage for territories and regions. However, different streams of literature have shed light upon specific factors and “conditions” involved in the process without bringing them together in an analytical model.

Keywords: Tacit Knowledge; Knowledge Spillover; Innovative Activity; Knowledge Flow; Innovative Effort (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-17761-3_2

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DOI: 10.1007/978-3-642-17761-3_2

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