Elgar original reference
Edited by Philip Cooke, Bjørn Asheim, Ron Boschma, Ron Martin, Dafna Schwartz and Franz Tödtling
Bjørn Asheim and Dafna Schwartz LOCATION AND INNOVATION Regional innovation systems thinking has Schumpeterian origins, but Schumpeter never wrote a theory of regional innovation. Nevertheless, many of the theoretical elements Schumpeter did write about, like creative destruction, evolution and entrepreneurship, are of great interest to regional innovation and growth analysts. Part I of this Handbook starts with a chapter by Esben Sloth Andersen (Chapter 2) that pieces together Schumpeter’s intentions, perspectives and analyses of regional innovation from the whole range of both his German and English written work. Some surprising conclusions can be drawn from this synthesis. For example, it could have been entirely possible for his Theory of Economic Development to have been entitled ‘Theory of Economic Evolution’, since the German word entwicklung translates as either. Accordingly, the predilections of his translator determined that various fields of development studies that he effectively opened up would be denied their evolutionary origins. Does this matter? For at least three reasons, it does. First, evolutionary economic geography, like evolutionary economics, would have a longer, more integrated pedigree. Second, core concepts in evolutionary economic geography like relatedness, path-dependence and creation, and regional absorptive capacity, would have been researched and elaborated to a far greater extent than their currently embryonic state. Third, policy interventions would have been different if informed by sophisticated, well-grounded theory and empirical results. There would have been less ‘parachute policy’ for needy regions relying mainly on inward investment, and more intervention in support of evolving ‘regional relatedness’. Andersen shows...