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Innovation without Regional Development? The Complex Interplay of Innovation, Institutions, and Development

Marques, Pedro LU and Morgan, Kevin (2021) In Economic Geography 97(5). p.475-496
Abstract

This article argues that the development of regional innovation concepts, drawing primarily on the experiences of advanced regions, has led to inadequate narratives about the experience of less-developed regions (LDRs). Drawing on the extensive experience of the authors doing research in LDRs, the article develops three main arguments: first it examines the limitations of endogenous approaches to regional development, in particular concerning the role of formal dynamics (within organizations and institutions) in innovation systems. It will be argued that understanding the role of formal dynamics is fundamental to avoid culturally deterministic explanations of regional (under)development and to help design more effective policies.... (More)

This article argues that the development of regional innovation concepts, drawing primarily on the experiences of advanced regions, has led to inadequate narratives about the experience of less-developed regions (LDRs). Drawing on the extensive experience of the authors doing research in LDRs, the article develops three main arguments: first it examines the limitations of endogenous approaches to regional development, in particular concerning the role of formal dynamics (within organizations and institutions) in innovation systems. It will be argued that understanding the role of formal dynamics is fundamental to avoid culturally deterministic explanations of regional (under)development and to help design more effective policies. Second, this article will explore the literature that demonstrates the complex interplay between innovation, institutions, and regional development. The authors argue that though innovation is fundamental for long-term economic growth, innovation at firm level is not sufficient to generate development. Third, this article distills the policy implications of the foregoing analysis, namely, by highlighting alternatives to current models of innovation-based, export-based development.

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author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
innovation, institutions, Less-developed regions, organizational capabilities, productivity, regional development
in
Economic Geography
volume
97
issue
5
pages
22 pages
publisher
Economic Geography
external identifiers
  • scopus:85116899562
ISSN
0013-0095
DOI
10.1080/00130095.2021.1972801
language
English
LU publication?
yes
additional info
Publisher Copyright: © 2021 Clark University.
id
d3489add-1180-4930-8f55-90462ed0d726
date added to LUP
2021-11-12 15:49:24
date last changed
2022-04-27 05:38:14
@article{d3489add-1180-4930-8f55-90462ed0d726,
  abstract     = {{<p>This article argues that the development of regional innovation concepts, drawing primarily on the experiences of advanced regions, has led to inadequate narratives about the experience of less-developed regions (LDRs). Drawing on the extensive experience of the authors doing research in LDRs, the article develops three main arguments: first it examines the limitations of endogenous approaches to regional development, in particular concerning the role of formal dynamics (within organizations and institutions) in innovation systems. It will be argued that understanding the role of formal dynamics is fundamental to avoid culturally deterministic explanations of regional (under)development and to help design more effective policies. Second, this article will explore the literature that demonstrates the complex interplay between innovation, institutions, and regional development. The authors argue that though innovation is fundamental for long-term economic growth, innovation at firm level is not sufficient to generate development. Third, this article distills the policy implications of the foregoing analysis, namely, by highlighting alternatives to current models of innovation-based, export-based development.</p>}},
  author       = {{Marques, Pedro and Morgan, Kevin}},
  issn         = {{0013-0095}},
  keywords     = {{innovation; institutions; Less-developed regions; organizational capabilities; productivity; regional development}},
  language     = {{eng}},
  number       = {{5}},
  pages        = {{475--496}},
  publisher    = {{Economic Geography}},
  series       = {{Economic Geography}},
  title        = {{Innovation without Regional Development? The Complex Interplay of Innovation, Institutions, and Development}},
  url          = {{http://dx.doi.org/10.1080/00130095.2021.1972801}},
  doi          = {{10.1080/00130095.2021.1972801}},
  volume       = {{97}},
  year         = {{2021}},
}