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Challenges of Transformation: Innovation, Re-bundling and Traditional Manufacturing in Canada's Technology Triangle

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  • Harald Bathelt

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  • Andrew Munro

    ()

  • Ben Spigel

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    Abstract

    This paper develops a perspective of regional re-bundling in overcoming economic crises. It does this by focusing on the effects of the recent global financial crisis on traditional manufacturing. We analyze the structure of innovation processes and their development over time in CanadaÕs Technology Triangle Ð a region known for university-related spin-off processes and successful modernization. What is less well-known is that this region has been strongly influenced by traditional manufacturing industries. We show that these industries have been well prepared to deal with the effects of the crisis due to ongoing innovation and diversification stimulated by prior economic crises.

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    File URL: http://econ.geo.uu.nl/peeg/peeg1111.pdf
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    Bibliographic Info

    Paper provided by Utrecht University, Section of Economic Geography in its series Papers in Evolutionary Economic Geography (PEEG) with number 1111.

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    Length: 54 pages
    Date of creation: Jun 2011
    Date of revision: Jun 2011
    Handle: RePEc:egu:wpaper:1111

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    Keywords: CanadaÕs Technology Triangle; manufacturing sector; global financial crisis; re-bundling; innovation practices/strategies;

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    1. Frank Neffke & Martin Henning & Martin Ron Boschma, 2009. "How do regions diversify over time? Industry relatedness and the development of new growth paths in regions," Papers in Evolutionary Economic Geography (PEEG) 0916, Utrecht University, Section of Economic Geography, revised Oct 2009.
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    12. Ron Boschma & Koen Frenken, 2009. "Technological relatedness and regional branching," Papers in Evolutionary Economic Geography (PEEG) 0907, Utrecht University, Section of Economic Geography, revised Jun 2009.
    13. Danny MacKinnon & Andrew Cumbers & Andy Pike & Kean Birch & Robert McMaster, 2009. "Evolution in Economic Geography: Institutions, Political Economy, and Adaptation," Economic Geography, Clark University, vol. 85(2), pages 129-150, 04.
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