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The Associational Economy: Firms, Regions, and Innovation
Kevin Morgan,Philip Cooke +1 more
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In this article, the authors propose a model for economic development, the associational model, as a third way between state planning and market-driven approaches to development, which correlates high capabilities in social interaction and communication, particularly in the forms of high trust, learning capacity, and networking competence, with the economic and social success of a firm.Abstract:
Proposes a model for economic development, the associational model, as a third way between state planning and market-driven approaches to development. The associational model correlates high capabilities in social interaction and communication, particularly in the forms of high trust, learning capacity, and networking competence, with the economic and social success of a firm. As the process of innovation becomes increasingly collaborative, this social capital can be decisive to the outcome. Because much collaboration involves tacit knowledge, that is, knowledge that has not been put into a tradeable or expressible form, successful collaboration requires personal interaction and shared experiences. Accordingly, the importance of less hierarchical corporate governance forms and local and regional milieux emerge. The consequence of these trends is the ascendancy of the region as the locus of learning and collaboration that drive innovation. Four regional case studies are presented: Baden-Wurttemberg, Emilia-Romagna, Wales, and the Basque Country. The final chapter traces the intellectual roots of the authors' study - the ideas of Schumpeter, Veblen, Marx, and Hayek - and concludes with a sketch of how an associational approach may be implemented by policy makers. (CAR)read more
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Neo-Marshallian Nodes, Global Networks and Firm Competitiveness: The Media Cluster of Central London
David Keeble,Lilach Nachum +1 more
TL;DR: In this article, the authors examine the interplay between global and local influences on the competitiveness of a cluster of media firms in Central London and find that the locality plays a vital role in influencing the capabilities of these firms, but it is by no means the only relevant geographic area.
Journal ArticleDOI
Creating new industries and service clusters on Tyneside
TL;DR: Cluster policies have become an increasingly important component of the European Structural Funds, and are likely to become more so as cost pressures on these policies increase with European enlargement as mentioned in this paper.
Book ChapterDOI
Innovation Networks and Regional Policy in Europe
TL;DR: One of the priorities for the new generation of regional development programmes in the European Union for the period 2000-2006 is the promotion of innovation as discussed by the authors. But this is not the case in most of the regions of the EU.
Journal ArticleDOI
The Regional Development Platform and “Related Variety”: Some Evidence from Art and Food in Tuscany
TL;DR: In this paper, a case of an art and food platform in Maremma (south of Tuscany, Italy), where the related-variety approach is mainly focused on cross-fertilization among related and unrelated resources and sectors and is specifically applied to a rural area.
Journal ArticleDOI
Agency and structure: a social simulation of knowledge-intensive industries
TL;DR: An agent-based model of knowledge-intensive innovation networks, SKIN, and suggests that actors are able to compensate for structural limitations through strategic collaborations, and the implications for public policy are outlined.