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New models of innovation in old industrial regions

Morgan, Kevin ORCID: and Henderson, Dylan ORCID: 2022. New models of innovation in old industrial regions. Teles, F., Ramos, F. and Rodrigues, A., eds. Territorial Innovation in Less Developed Regions: Communities, Technologies and Impact, Palgrave Studies in Sub-National Governance, Palgrave MacMillan, pp. 9-30. (10.1007/978-3-031-20577-4)
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It is no exaggeration to say that regional innovation research has until recently had its gaze overwhelmingly focused on the dynamic regions of the world, with Silicon Valley being the most celebrated example (Breznitz, 2021; Saxenian, 1996). However, this has tended to frame innovation in narrow terms as a linear process relying on science and technology (S&T). More recently, both academic and policy discourse have begun to view innovation in much broader terms, incorporating social and ecological forms of innovation (Coenen & Morgan, 2020; Morgan, 2019). Such developments, we argue, have the potential to offer greater possibilities for old industrial regions to engage in innovation as a place-based process that respects the needs of society, economy and the environment. In this chapter we consider three such models – social innovation, mission-oriented innovation and foundational economy – before examining what they might mean for innovation in old industrial regions, taking the Cardiff Capital Region as an example. We conclude by distilling some of the wider implications for theory and practice.

Item Type: Book Section
Status: Published
Schools: Geography and Planning (GEOPL)
Business (Including Economics)
Subjects: G Geography. Anthropology. Recreation > G Geography (General)
Publisher: Palgrave MacMillan
Date of First Compliant Deposit: 20 June 2022
Last Modified: 16 Mar 2023 16:32

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