Regional evolution and waves of growth: A knowledge-based perspective

Huggins, Robert ORCID: https://orcid.org/0000-0001-9798-8614, Izushi, Hiro, Prokop, Daniel ORCID: https://orcid.org/0000-0002-6394-6149 and Thompson, Piers 2014. Regional evolution and waves of growth: A knowledge-based perspective. Expert Systems with Applications 41 , pp. 5573-5586. 10.1016/j.eswa.2014.02.008

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Abstract

The evolution of a regional economy and its competitiveness capacity may involve multiple independent trajectories through which different sets of resources and capabilities evolve together. However, there is a dearth of evidence concerning how these trends are occurring across the globe. Based on the underlying tenets of the streams of research relating to regional competitiveness, knowledge cities/regions, and knowledge-based urban development, this paper seeks to present an empirical approach to establishing such evidence in relation to the recent development of the globe’s most productive regions from the viewpoint of their growth trajectories and the particular form of growth they are experiencing. The aim is to uncover the underlying structure of the changes in knowledge-based resources, capabilities and outputs across regions, and offer an analysis of these regions according to an uncovered set of key trends. The analysis identifies three key trends by which the economic evolution and growth patterns of these regions are differentiated – namely Fifth Wave Growth, Third & Fourth Wave Growth, and Government-led Third Wave Growth. Overall, spectacular knowledge-based growth of leading Chinese regions is evident, highlighting a continued shift of knowledge-based resources to Asia. In addition, a superstructure is observed at the global scale, consisting of two separate continuums that explicitly distinguish Chinese regions from the rest in terms of regional growth trajectories.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Geography and Planning (GEOPL)
Subjects:	G Geography. Anthropology. Recreation > GB Physical geography
Uncontrolled Keywords:	Waves of growth; Knowledge-based development; Knowledge city; Knowledge region; Regional competitiveness
Publisher:	Elsevier
Last Modified:	28 Oct 2022 08:33
URI:	https://orca.cardiff.ac.uk/id/eprint/71199

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