Complex Adaptive Innovation Systems: Relatedness and Transversality in the Evolving Region, 1st Edition (e-Book) book cover

Complex Adaptive Innovation Systems

Relatedness and Transversality in the Evolving Region, 1st Edition

By Philip Cooke

Routledge

256 pages

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Paperback: 9781138792135
pub: 2014-07-17
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Description

Leading up to the financial crisis of 2008 and onwards, the shortcomings of traditional models of regional economic and environmental development had become increasingly evident. Rooted in the idea that ‘policy’ is an encumbrance to free markets, the stress on supply-side smoothing measures such as clusters and an over reliance on venture capital, the inadequacy of existing orthodoxies has come to be replaced by the notion of Transversality.

This approach has three strong characteristics that differentiate it from its failing predecessor. First, as the name implies, it seeks to finesse horizontal knowledge interactions as well as vertical ones, thus building ‘platforms’ of industrial interaction. Secondly, it is not a supply, but a demand side model in which needs-driven innovation rather than pure market competition prevails. Finally, it is ongoing through recessionary times, being more robust than over-specialised approaches to economic growth.

The intellectual origins of Transversality lie in an aspiration to promote eco-innovation, one of the key hopes of assisting Western regional and national economies to re-balance and escape recession. The policy models of key regional exponents of the concept are explored and their goals achievement is assessed. An array of policy instruments and measures is presented for hands-on policy implementation. The book will be of vital interest to academics as teachers and researchers as well as policy advisers and public servants.

Table of Contents

1. Introduction: Co-evolution, Complexity and Emergence in Regional Innovation Systems 2. What Went Wrong with the Vertical Process and Policy Perspective? 3.What is Transversality? 4. The Co-evoluttionary Origins of Transversatlity 5. Transversality and Transition in Innovation and Eco-Innovation: Towards Complex Adaptive Systems Analysis 6. Transition Regions and Eco-innovations: Studies in Complexity 7. Resilience, Relatedness & Complexity Geography: Strange Attractors in Regional Innovation 8. Complexity, Relatedness and Transverslity: Empirical Evidence of Regional Innovation Platform Policies 9. Complexity, Variety and the Emergent Properties of Regional Innovation Strategy

About the Author

Philip Cooke is University Research Professor in regional economic development and founding director (1993) of the Centre for Advanced Studies at Cardiff University.

He is also Principal Investigator for CESAGen, a multidisciplinary centre in which staff from social sciences and humanities work closely with natural and medical sciences to address the social, economic and policy aspects of developments in genomics.

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS020000
BUSINESS & ECONOMICS / Development / Business Development
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS072000
BUSINESS & ECONOMICS / Development / Sustainable Development