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Innovation, governance and place

In: The Elgar Companion to Innovation and Knowledge Creation

Author

Listed:
  • Maryann Feldman
  • Nichola Lowe

Abstract

This chapter synthesizes our prior work that examines the role of governance in creating place-specific advantages. We define governance as the interactive process of building consensus to solve a collective problem. Thus, governance creates social norms and institutions that may responsibly advance place-specific advantage. Through this process, conditions are created that generate interest and expertise around a local industry, putting the “secrets” of the industry into the air of public conversation.

Suggested Citation

  • Maryann Feldman & Nichola Lowe, 2017. "Innovation, governance and place," Chapters, in: Harald Bathelt & Patrick Cohendet & Sebastian Henn & Laurent Simon (ed.), The Elgar Companion to Innovation and Knowledge Creation, chapter 42, pages 685-701, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:15485_42
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