Revised and Extended Second Edition
Edited by Roberta Capello and Peter Nijkamp
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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