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Mesoeconomic Structure, Innovation and Complexity: The Concept of Mesoeconomic Plexus

In: Knowledge Matters

Author

Listed:
  • George Chorafakis

    (University of Cambridge Department of Geography
    Institute for Prospective Technological Studies)

  • Patrice Laget

    (Institute for Prospective Technological Studies)

Abstract

The transition to the knowledge economy is the most salient element of the recent transformations of the world economy. The predominant feature of this transition is the intensified use of technological and scientific knowledge in the production process. This transition is also related to a seemingly paradoxical phenomenon, the emergence of localities as focal points of economic activity in a globalizing world economy. Many see this phenomenon as an indication that the world economy is gradually shifting from a polycentric economic geography of almost self-sufficient, highly diversified, state-protected and inward-looking national production systems to one of interconnected, globally positioned and regionally embedded concentrations of specialized economic activity.

Suggested Citation

  • George Chorafakis & Patrice Laget, 2008. "Mesoeconomic Structure, Innovation and Complexity: The Concept of Mesoeconomic Plexus," Palgrave Macmillan Books, in: Elias G. Carayannis & Piero Formica (ed.), Knowledge Matters, chapter 3, pages 52-86, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-58226-2_3
    DOI: 10.1057/9780230582262_3
    as

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