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Path dependence and regional economic evolution

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Author Info
Ron Martin
Peter Sunley

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Abstract

In recent years, economic geographers have seized on the concepts of 'path dependence' and 'lock-in' as key ingredients in constructing an evolutionary approach to their subject. However, they have tended to invoke these notions without proper examination of the ongoing discussion and debate devoted to them within evolutionary economics and elsewhere. Our aim in this paper, therefore, is, first, to highlight some of the unresolved issues that surround these concepts, and, second, to explore their usefulness for understanding the evolution of the economic landscape and the process of regional development. We argue that in many important aspects, path dependence and 'lock-in' are place-dependent processes, and as such require geographical explanation. However, the precise meaning of regional 'lock-in', we contend, is unclear, and little is known about why it is that some regional economies become locked into development paths that lose dynamism, whilst other regional economies seem able to avoid this danger and in effect are able to 'reinvent' themselves through successive new paths or phases of development. The issue of regional path creation is thus equally important, but has been rarely discussed. We conclude that whilst path dependence is an important feature of the economic landscape, the concept requires further elaboration if it is to function as a core notion in an evolutionary economic geography. Copyright 2006, Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Journal of Economic Geography.

Volume (Year): 6 (2006)
Issue (Month): 4 (August)
Pages: 395-437
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Handle: RePEc:oup:jecgeo:v:6:y:2006:i:4:p:395-437

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  1. Max-Peter Menzel, 2008. "Dynamic Proximities – Changing Relations by Creating and Bridging Distances," Papers in Evolutionary Economic Geography (PEEG) 0816, Utrecht University, Section of Economic Geography, revised Oct 2008. [Downloadable!]
  2. Shaffer , Sherrill & Hasan , Iftekhar & Zhou, Mingming, 2009. "New small firms and dimensions of economic performance," Research Discussion Papers 4/2009, Bank of Finland. [Downloadable!]
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  3. Simone Strambach, 2008. "Path Dependency and Path Plasticity: the Co-evolution of Institutions and Innovation - the German Customized Business Software Industry," Working Papers on Innovation and Space 2008-02, Philipps University Marburg, Department of Geography. [Downloadable!]
  4. Giulio Bottazzi & Giovanni Dosi & Giorgio Fagiolo & Angelo Secchi, 2007. "Modeling Industrial Evolution in Geographical Space," LEM Papers Series 2007/06, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
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  5. Dirk-Jan Koch & Ruerd Ruben, 2008. "Spatial Clustering Of NGOs: An Evolutionary Economic Geography Approach," Papers in Evolutionary Economic Geography (PEEG) 0814, Utrecht University, Section of Economic Geography, revised Aug 2008. [Downloadable!]
  6. Ron Boschma & Simona Iammarino, 2008. "Related variety, trade variety and regional growth in Italy," Papers in Evolutionary Economic Geography (PEEG) 0802, Utrecht University, Section of Economic Geography, revised Jan 2008. [Downloadable!]
  7. Niels Bosma & R. Sternberg & Zoltan Acs, 2008. "The Entrepreneurial Advantage of World Cities," Scales Research Reports H200810, EIM Business and Policy Research. [Downloadable!]
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