The Associational Economy: Firms, Regions, and Innovation

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Philip Cooke (Professor of Regional Development, Professor of Regional Development, University of Wales, Cardiff) Kevin Morgan (Professor of European Regional Development, Professor of European Regional Development, University of Wales, Cardiff)

The Associational Economy

Firms, Regions, and Innovation

Philip Cooke (Professor of Regional Development, Professor of Regional Development, University of Wales, Cardiff), Kevin Morgan (Professor of European Regional Development, Professor of European Regional Development, University of Wales, Cardiff)

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English

Oxford University Press
01 March 1998

Political economy; International business; Ownership & organisation of enterprises; Economic geography

Philip Cooke and Kevin Morgan explore important issues of corporate reorganization in the context of heightened global competition. Their special focus is upon how firms associate with regional milieux. Innovation is a key factor in corporate and regional economic performance and the authors show how interactive innovation based on collective learning and associative practices are becoming increasingly significant. In-depth studies of inter-firm and firm-agency interactions are presented for four European regions: Baden-Württemberg and Emilia-Romagna as accomplished regional economies; Wales and the Basque Country as learning regions. The book is theoretically informed by an evolutionary economics perspective and draws policy conclusions which emphasise the importance of decentralized industrial policy in support of both corporate and regional economic development ambitions. It concludes that the associational economy may be the `third way' between state and market co-ordination of modern economies.

By: Philip Cooke (Professor of Regional Development Professor of Regional Development University of Wales Cardiff), Kevin Morgan (Professor of European Regional Development, Professor of European Regional Development, University of Wales, Cardiff)
Imprint: Oxford University Press
Country of Publication: United Kingdom
Dimensions: Height: 243mm, Width: 162mm, Spine: 19mm
Weight: 1g
ISBN: 9780198290186
ISBN 10: 0198290187
Pages: 256
Publication Date: 01 March 1998
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

"The Associational Economy: Introduction 1: the Institutions of Innovation 2: Firms as Laboratories: Re-inventing the Corporation 3: The Region as a Nexus of Learning Processes 4: Baden-WD""u rttemberg: The Evolution of a Model Region 5: Emilia-Romagna: From Civic Culture to Global Networks 6: Wales: Innovating through GlobalLocal Interaction 7: The Basque Conundrum: Regional Autonomy and Economic Decline 8: Evolutionary Processes and Regional Practices"

Philip Cooke is editor of the journal European Planning Studies.

Reviews for The Associational Economy: Firms, Regions, and Innovation

Why do some regions grow faster than others? Why are some more innovative? How do geographic factors - like proximity - affect the process of technological change? The Associational Economy provides a useful primer on these questions for all those interested in the regional dimensions of innovation and economic development. The authors are extremely well read and provide a useful and excellent work of theoretical synthesis, integrating a wide body of theory from Joseph Schumpeter and Alfred Marshall to evolutionary economics, increasing returns, path dependence, organizational learning, social capital, and agglomeration. This book is clearly worthwhile for regional specialists, but may have even more to offer economists and other students of technological innovation who want to learn more about the role of regions in the porcesses of innovation and economic growth. Richard Florida. Research Policy. Europe's leading English-language writers on contemporary industrial districts... an impressive and informative volume that should be read widely as the definitive work on the contemporary state of European industrial regions... the strength of the cases is that they grapple with hard problems... THe authors provide insightful analyses... this is an exceedingly reasonable and moderate book. Enterprise and Society ...important book. ... The presentation of four regional case studies ... is inserted within a robust theoretical framework./ What appears here is the state-of-the-art on the multilevel approach to industrial and developmental policies. Marco Bellandi. Regional Studies. 1998.