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Innovation, Global Change and Territorial Resilience

Innovation, Global Change and Territorial Resilience

New Horizons in Regional Science series

Edited by Philip Cooke, Mario Davide Parrilli and José Luis Curbelo

Localized creativity, small high-tech entrepreneurship, related innovation platforms, social capital embedded in dynamically open territorial communities and context-specific though continuously upgrading policy platforms are all means to face new challenges and to promote increased absorptive capacity within local and national territories. The contributors illustrate that these capabilities are much needed in the current globalized economy as a path towards sustainability and for creating new opportunities for their inhabitants. They analyse the challenges and development prospects of local/regional production systems internally, across territories, and in terms of their potential and territorial connectivity which can help exploit opportunities for proactive policy actions. This is increasingly relevant in the current climate, in which the balanced allocation of resources and opportunities, particularly for SMEs, cannot be expected to be the automatic result of the working of the market.


Mario Davide Parrilli, José Luis Curbelo and Philip Cooke

Subjects: economics and finance, economics of innovation, industrial economics, regional economics, innovation and technology, economics of innovation, urban and regional studies, regional economics


Mario Davide Parrilli, José Luis Curbelo and Philip Cooke 1. NEW GLOBAL COMPETITORS AND TERRITORIAL CHALLENGES Today, numerous important challenges are catalysed by the spread of globalisation processes that offer critical opportunities for the exchange of cultures, knowledge, goods and services, as well as raising problems and threats, such as the powerful economic crisis 2007–12 and the uncertainties about the way out towards a sustainable development model for advanced and non-advanced economies. In this new situation, the traditional leadership of western countries in global markets is diminishing due to the increasing integration of many emerging countries, particularly Asian and Latin American in global markets. The market shares of western countries have drastically shrunk, whereas manufactured goods exports of a higher and lower level of sophistication show much bigger growth for these new world competitors, which challenge the competitive capacity of western countries in the medium to long term (United Nations, 2011). Achieving the process of economic catching-up, so much studied and desired by pioneers of the literature on economic development for many decades (Myrdal, 1956; Rostow, 1956; Hirschman, 1958; Seers, 1969; Wade, 1990; Lall and Teubal, 1998; Rodrik, 2004) has become reality for this wider group of countries, although this does not prevent them from displaying major internal inequalities in terms of access to resources, jobs and wealth. In spite of this, countries like Brazil, Russia, India and China (BRICs) have learned how to combine and profit from different factors (natural resources, workforce and proactive public policies) to build...