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The Associational EconomyFirms, Regions, and Innovation$
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Philip Cooke and Kevin Morgan

Print publication date: 1998

Print ISBN-13: 9780198290186

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198290186.001.0001

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Evolutionary Processes and Regional Practices

Evolutionary Processes and Regional Practices

(p.193) 8 Evolutionary Processes and Regional Practices
The Associational Economy

Philip Cooke

Kevin Morgan

Oxford University Press

This chapter seeks both to chart the evolutionary processes of economic restructuring and change at the regional level and to offer the outline of a mode of civic, political, and economic action which is polarized by an emphasis neither on state nor market as the ultimate arbiter of economic fortunes. This chapter also attempts to tie together the master themes of the book in respect of evolutionary economic theorization, the centrality of innovation and interactive learning to industrial and institutional creativity, the importance of decentralized industrial and other public policies to regions in a globalizing economic context, and the importance of regions as economic bases for firms that are increasingly disposed towards agglomeration, externalization, and specialization.

Keywords:   evolutionary processes, economic restructuring, evolutionary economic theorization, regions, agglomeration, externalization, specialization

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