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Knowledge Economy Spillovers, Proximity, and Specialization

In: Interactive Learning for Innovation

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  • Philip Cooke

Abstract

The complexities of where and why economic growth occurs nowadays are difficult to pin down, especially by the use of growth models that are not adequate for dealing with the exigencies of the knowledge economy. Hence the first task is to seek to show how ‘knowledge economy’ conventions create different and distinctive demands of people and places from the prominent — century-long and more — effects of industrialization and what came to be called the ‘Industrial Age.’ It is one of the surprises to many observers of the rise of globalized, web-based communication technologies that work and communities have not spread out as a result of the growth of the information society and its attendant ‘footloose’ locational potential for people and jobs. Rather, as globalization has proceeded, regions have become more prominent economic governance actors than they were, because many have evolved science- and technology-based (and creative) clusters requiring elements of localized policy support.

Suggested Citation

  • Philip Cooke, 2012. "Knowledge Economy Spillovers, Proximity, and Specialization," Palgrave Macmillan Books, in: Bjørn T. Asheim & Mario Davide Parrilli (ed.), Interactive Learning for Innovation, chapter 4, pages 100-111, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36242-0_5
    DOI: 10.1057/9780230362420_5
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    Cited by:

    1. Torbjørn Lorentzen & Stig-Erik Jakobsen, 2016. "Explaining Innovation. An Empirical Analysis of Industry Data from Norway," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 12(2), pages 5-27.

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