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Economic competitiveness and regional development dynamics

In: Handbook of Regions and Competitiveness

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  • Edward J. Malecki

Abstract

For many business leaders and policymakers, innovation and knowledge typify the characteristics of a knowledge economy and represent areas in which places compete. Rankings and comparisons among national and regional economies are now common. This chapter reviews the research on competitiveness, and demonstrates that knowledge, innovation and innovative capability are the core of economic competitiveness. The global innovation networks that enable creativity and innovation are formed in – and are attracted to – some places and not others. Although there are multiple dimensions of competitiveness, innovation is the fundamental dimension, comprised of local, global and virtual networks and systems of innovation.

Suggested Citation

  • Edward J. Malecki, 2017. "Economic competitiveness and regional development dynamics," Chapters, in: Robert Huggins & Piers Thompson (ed.), Handbook of Regions and Competitiveness, chapter 6, pages 136-152, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15784_6
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