Resilience, Crisis and Innovation Dynamics
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Resilience, Crisis and Innovation Dynamics

Edited by Tüzin Baycan and Hugo Pinto

Resilience has emerged as a recurrent notion to explain how territorial socio-economic systems adapt successfully (or not) to negative events. In this book, the authors use resilience as a bridging notion to connect different types of theoretical and empirical approaches to help understand the impacts of economic turbulence at the system and actor levels. The book provides a unique overview of the financial crisis and the important dimension of innovation dynamics for regional resilience. It also offers an engaging debate as to how regional resilience can be improved and explores the social aspects of vulnerability, resilience and innovation.
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Chapter 3: The resilience of innovation systems under economic turbulence

Hugo Pinto and Tiago Santos Pereira

Abstract

The recent economic turbulence was characterized by recessionary dynamics, differentiated problems in specific territories and changes in science, technology and innovation. In this context, the chapter debates the notion of resilience as an adaptive capacity that allows overcoming negative effects of internal and external shocks, and creating growth trajectories in different socio-economic systems. The chapter gives emphasis to the need to delimit the system to be analysed and suggests that a “regional innovation system” is a good candidate to analyse in the study of science, technology and innovation resilience. The text also suggests that the analysis of systemic failures is crucial for a deeper understanding of internal fragilities. The chapter concludes with implications for the resilience of innovation.

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