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Reference: Paul Tracey, Gordon L. Clark and Helen Lawton Smith, (2004). Cognition, learning and European regional growth: an agent-centred perspective on the 'new' economy. Economics of Innovation and New Technology, 13 (1), 1 - 18.Citable link to this page:

 

Cognition, learning and European regional growth: an agent-centred perspective on the 'new' economy

Abstract: Quintessentially a US phenomenon, the information and knowledge economy (IKE) combines regional clusters of innovation with new and sophisticated forms of intellectual and finance capital. For those European economies struggling to adjust to global competition, the IKE is seen as the panacea. It is regarded as a proven recipe for all places and sectors, with the potential to remedy structural weaknesses that have become ever more apparent in a world subject to globalisation, increased international competition, and technological change. We suggest an agent-centred perspective for understanding economic systems and behaviour that stresses the significance of cognition and learning for innovation while making the connection between organizations and their environments. We argue that the IKE, as represented by regions such as Silicon Valley and Route 128/495 Boston, is complex and multi-faceted and cannot be transposed easily between cultures. Finally, we draw together the implications of our approach for European regional development.

Bibliographic Details

Host: Economics of Innovation and New Technologysee more from them

Issue Date: 2004Identifiers

Doi: https://doi.org/10.1080/1043859042000156002

Urn: uuid:f8800379-44e1-4ee2-980f-b93c326a7831 Item Description

Type: info:eu-repo/semantics/article;

Language: en

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Author: Paul Tracey - - - Gordon L. Clark - - - Helen Lawton Smith - - - - Bibliographic Details Host: Economics of Innovation and New Te

Source: https://ora.ox.ac.uk/objects/uuid:f8800379-44e1-4ee2-980f-b93c326a7831



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