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The Geography of Innovation in a Globalized Economy

In: The New Geography of Innovation

Author

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  • Xavier Tinguely

    (University of Fribourg)

Abstract

As was argued in the previous chapter, the world is still relatively spiky.1 Contrary to popular belief, despite the obvious globalization of the economy, productive and innovative activities continue to be concentrated in certain locations (i.a. Krugman, 1991a; Feldman, 1994; Florida, 1995; Enright, 1998; Porter, 1994, 1998a, b; Sölvell, 2002). The greater integration of the world economy has nevertheless unveiled many new opportunities for firms to take advantage of the capabilities and competencies of a broader range of environments (Dunning, 1998, p. 45; Dunning, 2008, p. 83; Ketels, 2008, p. 124). While until the late 19th century firms used to perform the great majority of their activities within their home country or even their home region, improvements in communication, transportation, and storage techniques progressively led them to reassess the role of location in their business strategy (Dunning and Lundan, 2008, p. 154). This new economic reality gradually opened up new perspectives for firms to disaggregate their value chain across different types of location worldwide (Hertner and Jones, 1986; Moore and Lewis, 1999).

Suggested Citation

  • Xavier Tinguely, 2013. "The Geography of Innovation in a Globalized Economy," Palgrave Macmillan Books, in: The New Geography of Innovation, chapter 6, pages 109-132, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-36713-6_7
    DOI: 10.1057/9781137367136_7
    as

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