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The Role of Trust in Regional Development

Author

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  • Grillitsch, Markus

    (CIRCLE, Lund University)

  • Nilsson, Magnus

    (CIRCLE, Lund University)

Abstract

Regional development is a dynamic process where relatively stable periods are interrupted by phases of more rapid transformation and disruption. Such dynamics are heavily influenced by the scope and nature of knowledge networks. Trust is a key mechanism influencing the mobilization of networks for learning and innovation and thereby an important factor for understanding regional development. This paper sets out to unpack the role of trust in regional development by advancing a differentiated view that sheds light on why, when, and how trust affects regional development dynamics in a positive or negative way. Avenues for future research are identified.

Suggested Citation

  • Grillitsch, Markus & Nilsson, Magnus, 2019. "The Role of Trust in Regional Development," Papers in Innovation Studies 2019/8, Lund University, CIRCLE - Centre for Innovation Research.
  • Handle: RePEc:hhs:lucirc:2019_008
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    References listed on IDEAS

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    Cited by:

    1. Pedro Marques & Kevin Morgan, 2021. "Innovation without Regional Development? The Complex Interplay of Innovation, Institutions, and Development," Economic Geography, Taylor & Francis Journals, vol. 97(5), pages 475-496, October.

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    More about this item

    Keywords

    Regional dynamics; trust; networks; path-dependency; path emergence; lock-in;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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