Regional Economies as Knowledge Laboratories

Regional Economies as Knowledge Laboratories

Edited by Philip Cooke and Andrea Piccaluga

Today, the study of regions is central to academic analysis and policy deliberation on how to respond to the rise of the knowledge economy. Regional Economies as Knowledge Laboratories illustrates how newer types of regional analysis – utilising scientometrics, knowledge services measures and university networks, and concepts such as knowledge life cycles, experimental knowledge creation, and knowledge ethics – are leading to a perception that regional economies increasingly resemble knowledge laboratories.

Chapter 11: Knowledge, values and territory: a case study

Goio Etxebarria and Mikel Gomez Uranga

Subjects: business and management, knowledge management, economics and finance, economics of innovation, regional economics, innovation and technology, economics of innovation, knowledge management, urban and regional studies, regional economics


Goio Etxebarria and Mikel Gómez Uranga INTRODUCTION In this chapter, knowledge production and diffusion are understood to be collective tasks and are set up in a framework of inter-agent relationships with certain underlying values. As in any interchange relationship, trust between the parties is required to establish a good relationship. Sharing information and spreading knowledge call for the collaboration of the different agents involved. Therefore, the ‘collaboration’ value is extremely important in creating and spreading knowledge. The values mentioned above are useful for firms when managing knowledge. The social capital in the firms’ local environment is built on the foundation of values that can be directly used to acquire new business knowledge. The intellectual aptitudes that make up the base of knowledge creation also benefit from the social capital that surrounds them. The values found in a certain local environment help firms located there to obtain a competitive edge. A local economy based on learning shows an ethical dimension (values); it is difficult to conceive organizations based on learning without the presence of certain values (honesty, trust). The foundation of a knowledge economy should include the formation of internalized codes of conduct (Lundvall, 2000). The case study of the cooperative system based in Mondragon (a small town located in the Basque Country) could illustrate the influence exercised by a culture of local values (trust, collaboration, solidarity, participation) to strengthen learning and knowledge networks, mainly between firms and cooperative organizations. The Mondragon Cooperative Corporation’s (MCC) expansion and...

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