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Innovation and Regional Development

Son, JW; (2022) Innovation and Regional Development. In: The International Encyclopedia of Geography People, the Earth, Environment, and Technology. Wiley

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Abstract

The traditional view of regional development and innovation is based on the innovator–learner dichotomy: a small number of regions produce innovations, and others develop by learning from these innovative regions. However, researchers in the 1980s revealed a blurred line between innovation and learning, leading to burgeoning geographical literature on innovation and regional development. After four decades, research has generally agreed that (i) innovation is one of the main drivers of regional development in advanced economies; (ii) innovation is often a product of a system of regional actors, rather than one inventor or a firm; (iii) some regions have cultures that facilitate communication and collaboration, and such cultures stimulate and facilitate innovation; (iv) innovation is often a recombination of existing knowledge in the region; (v) external knowledge should be regularly infused to keep recombination opportunities abundant; (vi) radical innovations may occur outside the traditional core regions; and (vii) innovation-based regional development is mainly a phenomenon of advanced economies, although a limited number of regions outside the core are also successful in innovation-based development.

Type: Book chapter
Title: Innovation and Regional Development
ISBN: 0470659637
ISBN-13: 9780470659632
DOI: 10.1002/9781118786352.wbieg2147
Publisher version: https://doi.org/10.1002/9781118786352.wbieg2147
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions.
Keywords: economic development, economic geography, regional development, regional innovation system, regional planning, related variety, technology, windows of locational opportunity
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett School of Planning
URI: https://discovery.ucl.ac.uk/id/eprint/10131422
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