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Theoretical Framework: A Spatial Perspective On Innovation and the Genesis of Regional Growth

In: Innovation and Regional Growth in the European Union

Author

Listed:
  • Riccardo Crescenzi

    (London School of Economics)

  • Andrés Rodríguez-Pose

    (London School of Economics
    IMDEA Social Sciences)

Abstract

Technological change seems to be making innovation not only more “globalised” but also more “territorially-specific”. Innovation relies on “global” knowledge flows of formal codified knowledge, but as these flows become progressively easier to access and exchange, the territorial aspect of innovation and learning has become a key resource in competitive advantage. In order to understand this process, however, it is necessary to reconsider the linear model of innovation. As we will discuss in this chapter, innovation is a collective learning and socially embedded process that is crucially dependent on tacit knowledge and “untraded interdependencies”. Consequently a dialectical linkage has been established between innovation and space. While territories, with their social, cultural and institutional realm, are crucial for successful innovation, innovation is in turn a key source of competitive advantage for territories and regions. However, different streams of literature have shed light upon specific factors and “conditions” involved in the process without bringing them together in an analytical model.

Suggested Citation

  • Riccardo Crescenzi & Andrés Rodríguez-Pose, 2011. "Theoretical Framework: A Spatial Perspective On Innovation and the Genesis of Regional Growth," Advances in Spatial Science, in: Innovation and Regional Growth in the European Union, chapter 0, pages 9-29, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-17761-3_2
    DOI: 10.1007/978-3-642-17761-3_2
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