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Challenges of Transformation: Innovation, Re-bundling and Traditional Manufacturing in Canada's Technology Triangle

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  • Harald Bathelt
  • Andrew Munro
  • Ben Spigel

Abstract

This paper develops a perspective of regional re-bundling in overcoming economic crises. It does this by focusing on the effects of the recent global financial crisis on traditional manufacturing. We analyze the structure of innovation processes and their development over time in CanadaÕs Technology Triangle Ð a region known for university-related spin-off processes and successful modernization. What is less well-known is that this region has been strongly influenced by traditional manufacturing industries. We show that these industries have been well prepared to deal with the effects of the crisis due to ongoing innovation and diversification stimulated by prior economic crises.

Suggested Citation

  • Harald Bathelt & Andrew Munro & Ben Spigel, 2011. "Challenges of Transformation: Innovation, Re-bundling and Traditional Manufacturing in Canada's Technology Triangle," Papers in Evolutionary Economic Geography (PEEG) 1111, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2011.
    • Handle: RePEc:egu:wpaper:1111
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    File URL: http://econ.geo.uu.nl/peeg/peeg1111.pdf
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    References listed on IDEAS

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    Cited by:

    1. Ronald V. Kalafsky, 2016. "Examining the Global Machine Tool Industry: Transitions or Continuity?," Growth and Change, Wiley Blackwell, vol. 47(2), pages 138-156, June.

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    More about this item

    Keywords

    CanadaÕs Technology Triangle; manufacturing sector; global financial crisis; re-bundling; innovation practices/strategies;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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