Regional Science and the new economic geography has become fascinated and indeed captured by the notion that some regions are more economically innovative than others. Much of this emphasis stems from the ideas growing out of the early work of regionalist on Silicon Valley and Route 128 in Boston (Saxenian, 1990). Work by Maleiki and Franz (1995) and others developed similar notions that some regions contained a new form of competitive advantage over other places with only locational advantages. In essence, location, location, location might no longer be the central tenet of regional science.
Former physical endowments were giving way to less tangible economic drivers for
regional growth change. Solow (1957) posited the notion that technological change or innovation explained as much or more in economic growth than the products themselves. In essence the ability to embedded new technology or technique is an important value to a society. Some scholars posited this was due to a change in industrial structure which technology globalizes the systems of knowledge production as described by Piore and
Sabel (1984) and amplified by Blakely (2001) as depicted in Figure 1 below.
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Innovative Regions for Global Competition - A New Search for the Golden Goose
