Networks, Governance and Economic Development

Networks, Governance and Economic Development

Bridging Disciplinary Frontiers

Edited by Mari Jose Aranguren Querejeta, Cristina Iturrioz Landart and James R. Wilson

This compact and authoritative book brings together the topical themes of networks and governance to advance understanding of the determinants of local economic development in the context of increasingly global relationships.

Chapter 2: The Territorial Economy: A General Approach in Order to Understand and Deal with Globalization

Kristian Colletis-Wahl, José Corpataux, Olivier Crevoisier, Bernard Pecqueur, Véronique Peyrache-Gadeau and Leila Kebir

Subjects: economics and finance, regional economics, geography, economic geography, urban and regional studies, clusters, regional economics


1 Kristian Colletis-Wahl, José Corpataux, Olivier Crevoisier, Leïla Kebir, Bernard Pecqueur and Véronique Peyrache-Gadeau 1 INTRODUCTION Today many contributions are dedicated to the role of industrial districts, clusters and other such networks in local economic development, or to local innovation dynamics (innovative milieus, technopoles, regional innovation systems, learning regions and so on). In our opinion, the crucial question at present no longer consists of providing new notions and concepts. We believe that it is time to develop a more ambitious, theoryoriented research programme that aims to take space and time in socioeconomic theory fully into account. The objective of this chapter is to give a first account of what we believe to be the upcoming issues and theoretical questions in research about territorial economic dynamics. Indeed, a better understanding of the territorial economy is central to greater understanding of the roles that networks play in local economic development processes. This proposal is currently being discussed within the European Research Group on Innovative Milieu (GREMI) in order to define a new research programme. For 20 years the GREMI has been working on building a conceptual framework aimed at understanding the role of local dynamics in the more general transformations of the economy and society, as well as in proposing policies. The GREMI research programme has so far been characterized by a close, systematic interaction between on-site work and theorization. Each inquiry, by producing examples and counterexamples, has made it possible to develop the concept of innovative milieus. During...

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