Handbook of Regional Growth and Development Theories
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Handbook of Regional Growth and Development Theories

Revised and Extended Second Edition

Edited by Roberta Capello and Peter Nijkamp

Regional economics – an established discipline for several decades – has undergone a period of rapid change in the last ten years resulting in the emergence of several new perspectives. At the same time the methodology of regional economics has also experienced some surprising developments. This fully revised and updated Handbook brings together contributions looking at new pathways in regional economics, written by many well-known international scholars. The aim is to present the most cutting-edge theories explaining regional growth and local development. The authors highlight the recent advances in theories, the normative potentialities of these theories and the cross-fertilization of ideas between regional and mainstream economists. It will be an essential source of reference and information for both scholars and students in the field.
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Chapter 15: Regional development and knowledge

Börje Johansson and Charlie Karlsson

Abstract

In recent decades the world has witnessed the emergence of a global knowledge economy, in which regions are increasingly looked upon as independent, dynamic marketplaces, which are connected with other regions via knowledge and commodity flows. Each such region has its own base of scientific, technological and entrepreneurial knowledge, represented by knowledge assets of firms located in the region and the human and social capital associated with the region’s population. A region is also characterised by its ongoing knowledge production activities as well as import and export of knowledge. The chapter examines models depicting the role of knowledge in regional development and provides an assessment of empirical studies of the same phenomenon. A crucial aspect in the chapter is an analysis of factors that make knowledge spatially sticky and the knowledge production capacity trapped. To what extent does such regionally appropriated knowledge differ from knowledge that flows into the region from outside?

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