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The rise of consultancy and the prospect for regions

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  • Peter Wood

Abstract

Reviews recent research on the growth of `knowledge-intensive services' (KIS), based on processes of consultancy. This trend is a significant symptom of new divisions of labour in the provision of key technical and business expertise especially to the corporate sector. KIS growth is regionally highly concentrated in all European countries, but their influence on patterns and rates of change in other sectors is perhaps becoming even more significant across all regions. Global consultancies, in particular, now link global, national and local sources of expertise, exerting a powerful influence on national and regional KIS through both competitive and collaborative processes. Important elements of economies, including small-medium firms, and peripheral regions may not benefit from these changes, thus accentuating patterns of unequal economic development.

Suggested Citation

  • Peter Wood, 1998. "The rise of consultancy and the prospect for regions," ERSA conference papers ersa98p397, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa98p397
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa98/papers/397.pdf
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    1. Management Initiatives and the Succession of Divine Generations
      by Bill Storage in The Multidisciplinarian on 2012-03-27 00:58:31
    2. Management Initiatives and the Succession of Divine Generations
      by Bill Storage in The Multidisciplinarian on 2012-03-27 00:58:31

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    Cited by:

    1. Xing Shi & Yanrui Wu & Dingtao Zhao, 2014. "Knowledge intensive business services and their impact on innovation in China," Service Business, Springer;Pan-Pacific Business Association, vol. 8(4), pages 479-498, December.
    2. Muller, Emmanuel & Zenker, Andrea, 2001. "Business services as actors of knowledge transformation and diffusion: some empirical findings on the role of KIBS in regional and national innovation systems," Working Papers "Firms and Region" R2/2001, Fraunhofer Institute for Systems and Innovation Research (ISI).
    3. Celeste Amorim, 2003. "Business services within network for innovation," Working Papers de Economia (Economics Working Papers) 08, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
    4. Muller, Emmanuel & Zenker, Andrea, 2001. "Business services as actors of knowledge transformation: the role of KIBS in regional and national innovation systems," Research Policy, Elsevier, vol. 30(9), pages 1501-1516, December.
    5. Muller, Emmanuel, 1999. "There is no territorial fatality! (or how innovation interactions between KIBS and SMEs may modify the development patterns of peripheral regions)," Working Papers "Firms and Region" R3/1999, Fraunhofer Institute for Systems and Innovation Research (ISI).

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