Global knowledge flows are becoming a key driver of economic development. This book examines how countries can develop policies to reap the benefits that they bring.

This book begins with a theoretical examination of regional innovation systems, agglomeration economics and knowledge spillovers, before going on to examine the same concepts within an empirical framework. Special emphasis is given to the importance of proximity in the formation of regional innovation systems. It concludes by considering innovation and human capital as determinants of regional economic growth. The concept of knowledge spillovers is used within the book to explain a number of major economic phenomena, including the geographical clustering of inventions; the social returns to R&D that significantly exceed private returns; and the sizeable disproportions that exist between firms in terms of their R&D inputs and outputs. The contributors identify that small firms are responsible for far more product innovations than large firms relative to their measurable knowledge resources. The book also stresses the importance of a catch-up mechanism that sees technological improvement as the combination of two distinct types of activity: innovation and imitation. In this way, the impact of human capital and other types of knowledge acquisition on economic growth is measured. The conclusions of the contributors are invaluably oriented to policy implications. This book will appeal to researchers and postgraduate students of regional science and innovation and knowledge, as well as policymakers.

This is a major work by three international scholars at the cutting edge of new research that investigates the emerging set of complex relationships between creativity, design, research, higher education and knowledge capitalism. It highlights the role of the creative and expressive arts, of performance, of aesthetics in general, and the significant role of design as an underlying infrastructure for the creative economy. This book tracks the most recent mutation of these serial shifts - from postindustrial economy to the information economy to the digital economy to the knowledge economy to the 'creative economy' - to summarize the underlying and essential trends in knowledge capitalism and to investigate post-market notions of open source public space. The book hypothesizes that creative economy might constitute an enlargement of its predecessors that not only democratizes creativity and relativizes intellectual property law, but also emphasizes the social conditions of creative work. It documents how these profound shifts have brought to the forefront forms of knowledge production based on the commons and driven by ideas, not profitability per se; and have given rise to the notion of not just 'knowledge management' but the design of 'creative institutions' embodying new patterns of work.

Global knowledge flows can be a key driver of economic development, by encouraging the inflow of new ideas. This publication considers how countries can develop effective policies that governments and development agencies at national and regional levels can adopt in order to stimulate the participation of firms and research organisations. Issues highlighted include: promoting cross-border alliances involving firms and universities; stimulating knowledge transfers from foreign direct investment ventures; attracting highly-skilled workers from overseas; and creating vibrant national and regional innovation systems. Examples are given from leading programmes in Scotland and other countries in Europe, North America and the Pacific region.

The Handbook of Global Science, Technology, and Innovation This unique Handbook provides an overview of the globalization of science, technology, and innovation, including global trends in the way knowledge is produced and distributed, the development of institutions, and global policy. It shows how technological change and innovation are shaped by the role of emerging countries in the generation of science and technological knowledge, and transnational corporations, and how reforms in intellectual property rights and world trade have been affected by the increasingly international flows of knowledge, technology, and innovation. The book provides an in-depth assessment of the themes and direction of science, technology, innovation, and public policy in an increasingly globalized world. With contributions from an international team of leading scholars, this cutting-edge reference work introduces readers to current debates about the role of science and technology in global society and the policy responses that shape its development. Comprising 28 specially commissioned chapters, the Handbook addresses major trends in global policy, including a significant shift toward private scientific research, the change in the distribution of science and technical knowledge, and a heightened awareness among policymakers of the economic and technological impact of scientific activity. Accessibly written, it provides an invaluable one-stop reference for students, social researchers, scientists, and policymakers alike.

International contributors provide the first examination of the growing subject of regional knowledge-economy development. Illustrated by data and 'stylized' accounts, the international contributors chart the evolution of knowledge economies, questioning the way in which they work and criticize accepted theories and inform how places can cope in the knowledge economy. Based in concept on Cooke's Knowledge Economies (Routledge, 2002), Regional Development in the Knowledge Economy is a well-grounded work exploring this increasingly important theme with relevance to innovation systems and related economic development literature.

With emphasis on economic growth since the mid twentieth century in which industrial and scientific revolutions played important roles in society, the priority of university and education has been shift to the contributor to knowledge, economy and innovation, as many argue that knowledge and skill becomes a key factor of production. As industrial clusters were emerged as a mean to improve competitiveness of industry in global and knowledge economy, this book is to investigate the roles of industrial clustering and roles of universities in development of industrial clusters and competitiveness. The seven chapters in this book feature frameworks and concepts, along with case studies in different regions and countries, to understand the dynamics and development of cooperation between industrial clusters and higher education to enhance national and regional competitiveness.

The Asia Pacific has emerged as one of the most dynamic regions in the world, presenting a variety of social and economic experiences and responses to global pressures. In this book twelve country case studies explore the ways in which national science, technology and innovation policies are evolving in response to globalization. The editors argue that the national innovation system (NIS) perspective is driving policy regimes toward new approaches in policy intervention. Underlying the new policy agenda is a concern with reframing the role for science, technology and innovation institutions including higher education and integrating local community, national and global technology objectives.Presenting a broad analysis, the book will be of great interest to policy analysts and practitioners concerned with science, technology and innovation policy. It will also appeal to academic and postgraduate students concerned with innovation and industrial development, as well as scholars and practitioners engaged in regional development and international business in the Asia pacific region.

This book addresses how economic spaces dynamically change within the context of the global knowledge-based economy. Specifically, it centers the discussion on integrated views of understanding and conceptualizing dynamic changes of global economy under the global megatrends of globalization, knowledge-based economy, information society, service world, climate change, and population aging. Focusing on East Asia, especially on Korea, it deals with case studies regarding the processes and patterns of these global dynamics, looking at economic spaces of various spatial scales and types of economic actors. This book develops a theoretical model for understanding and analysing the dynamics of economic spaces that are being reshaped within the larger global economy. It also emphasizes the analysis of empirical studies at the level of firm, region, and state by considering an evolutionary perspective over time. In developing its theoretical framework, this book examines regional resilience, intangible assets, service innovation, path dependence, and other notions related to the evolution of economic spaces, and incorporates these elements into real-world case studies. The integrated theoretical framework examined here contributes a new perspective on spatial disparities in the global economy. An integral model of service innovation; the integration of path dependence and regional resilience; the interaction between firm and region for the accumulation of intangible assets; and the roles of governments and global firms: these are all essential to understanding the dynamics of economic spaces in East Asia. The theoretical model and case studies in this book suggest policy implications for developing countries, especially in the Asian and African regions, with regard to regional development and innovation policies.

Over the last few decades, circuits of capital have been stretched through processes of economic globalization, leading to complex and hybrid outcomes that result in different modes of production and consumption. Understanding these new economic configurations and their geographic patterns requires incorporating new theoretical arguments based on, for example, chain and network concepts. This edited volume brings together theoretically-informed analysis from Asia, Europe and North America to illustrate the way in which new economic configurations have been developed and to understand individual, local and regional responses to a variety of global challenges, threats and opportunities. The different examples presented illustrate that economic structures and flows have changed dramatically over the past decades with profound impacts for the economic and regional actors involved.