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Knowledge, Resources and Markets: What Economic System of Valuation?

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  • Hugues Jeannerat
  • Le�la Kebir

Abstract

J eannerat H. and K ebir L. Knowledge, resources and markets: what economic system of valuation?, Regional Studies . Exploring in ever more detail learning processes at the root of economic change, main territorial innovation models (TIMs) remain focused on production today. Thus consumption is most often assessed as an abstract demand expressed by exogenous market mechanisms. In a socio-institutional approach, this article conceptualizes an economic system in which knowledge is a constructed resource valued in a market through the co-evolution of a production and a consumption system. From a meta-synthesis of various case studies, the paper draws four ideal types of economic systems and their related territorial knowledge dynamics (TKDs): knowledge marketization, knowledge improvement, knowledge adaptation and knowledge co-development.

Suggested Citation

  • Hugues Jeannerat & Le�la Kebir, 2016. "Knowledge, Resources and Markets: What Economic System of Valuation?," Regional Studies, Taylor & Francis Journals, vol. 50(2), pages 274-288, February.
    • Handle: RePEc:taf:regstd:v:50:y:2016:i:2:p:274-288
    DOI: 10.1080/00343404.2014.986718
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    Cited by:

    1. Grillitsch, Markus & Asheim, Björn & Fünfschilling, Lea & Kelmenson, Sophie & Lowe, Nichola & Lundquist, Karl Johan & Mahmoud, Yahia & Martynovich, Mikhail & Mattson, Pauline & Miörner, Johan & Nilsso, 2023. "Rescaling: An Analytical Lense to Study Economic and Industrial Shifts," Papers in Innovation Studies 2023/11, Lund University, CIRCLE - Centre for Innovation Research.
    2. Jonas Heiberg & Bernhard Truffer, 2021. "The emergence of a global innovation system – a case study from the water sector," GEIST - Geography of Innovation and Sustainability Transitions 2021(09), GEIST Working Paper Series.
    3. Binz, Christian & Truffer, Bernhard, 2017. "Global Innovation Systems—A conceptual framework for innovation dynamics in transnational contexts," Research Policy, Elsevier, vol. 46(7), pages 1284-1298.
    4. Hugues Jeannerat & Olivier Crevoisier, 2016. "Editorial: From 'Territorial Innovation Models' to 'Territorial Knowledge Dynamics': On the Learning Value of a New Concept in Regional Studies," Regional Studies, Taylor & Francis Journals, vol. 50(2), pages 185-188, February.
    5. Binz, Christian & Tang, Tian & Huenteler, Joern, 2017. "Spatial lifecycles of cleantech industries – The global development history of solar photovoltaics," Energy Policy, Elsevier, vol. 101(C), pages 386-402.
    6. Jonas Heiberg & Bernhard Truffer, 2021. "Overcoming the harmony fallacy: How values shape the course of innovation systems," GEIST - Geography of Innovation and Sustainability Transitions 2021(03), GEIST Working Paper Series.
    7. Malhotra, Abhishek & Schmidt, Tobias S. & Huenteler, Joern, 2019. "The role of inter-sectoral learning in knowledge development and diffusion: Case studies on three clean energy technologies," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 464-487.
    8. Hanna Martin & Roman Martin & Elena Zukauskaite, 2019. "The multiple roles of demand in new regional industrial path development: A conceptual analysis," Environment and Planning A, , vol. 51(8), pages 1741-1757, November.
    9. Martin, Hanna & Martin, Roman & Zukauskaite, Elena, 2018. "The Multiple Roles of Demand in Regional Development A Conceptual Analysis," Papers in Innovation Studies 2018/10, Lund University, CIRCLE - Centre for Innovation Research.
    10. Delphine Guex, Olivier Crevoisier, 2017. "Post-industrial globalization and local milieus: A typology," Diskussionsschriften credresearchpaper15, Universitaet Bern, Departement Volkswirtschaft - CRED.
    11. Hipp, Ann & Binz, Christian, 2020. "Firm survival in complex value chains and global innovation systems: Evidence from solar photovoltaics," Research Policy, Elsevier, vol. 49(1).
    12. Kieron Flanagan & Elvira Uyarra & Iris Wanzenböck, 2021. "Towards a problem-oriented regional industrial policy: possibilities for public intervention in framing, valuation and market creation," Working Papers 52, Birkbeck Centre for Innovation Management Research, revised Apr 2021.
    13. Valeriy Kryukov & Anatoliy Tokarev, 2022. "Spatial trends of innovation in the Russian oil and gas sector: What does patent activity in Siberia and the Arctic reflect?," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(1), pages 127-146, February.
    14. Olena Vartanova & Olena Kolomytseva & Victoriia Bilyk & Iryna Budnikevich & Lidiia Vasylchenko & Tetiana Burtseva, 2021. "Enterprise competitive positioning based on knowledge resources identification," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(1), pages 529-541, September.
    15. Stewart Macneill & Hugues Jeannerat, 2016. "Beyond Production and Standards: Toward a Status Market Approach to Territorial Innovation and Knowledge Policy," Regional Studies, Taylor & Francis Journals, vol. 50(2), pages 245-259, February.

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