The associational economy: firms, regions and innovation

Cooke, Philip Nicholas and Morgan, Kevin John ORCID: https://orcid.org/0000-0002-2933-2231 1998. The associational economy: firms, regions and innovation. Oxford: Oxford University Press.

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Abstract

Philip Cooke and Kevin Morgan explore key social and spatial aspects 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, is becoming increasingly significant. Detailed studies of inter-firm and firm-agency interactions are presented for four European regions: Baden-Württemberg and Emilia-Romagna as advanced regional economies; Wales and the Basque Country as mature industrial regions seeking a new economic vocation. The book is theoretically informed by an evolutionary economics perspective and draws policy conclusions which highlight the importance of decentralized industrial policy for both corporate and regional economic development. It concludes with the idea that the associational economy may be the `third way' between state and market co-ordination of modern economies.

Item Type:	Book
Book Type:	Authored Book
Date Type:	Publication
Status:	Published
Schools:	Geography and Planning (GEOPL)
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor
Publisher:	Oxford University Press
ISBN:	9780198296591
Last Modified:	05 Nov 2022 15:54
URI:	https://orca.cardiff.ac.uk/id/eprint/24361

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