Regional Development and Conditions for Innovation in the Network Society

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Regional Development and Conditions for Innovation in the Network Society looks at fundamental changes at the start of the new millennium, as innovation is gaining increasing importance for local economic prosperity and the emergence of learning societies. While much attention has been devoted to information and communication technologies, this analysis shows that innovation infrastructures should be understood as a broad framework for social and economic activities transcending any specific technology, even if revolutionary, and should be tied to attitudes and behaviors oriented towards the exploitation of change by adding value. This work builds on the idea of inclusive learning, which entails a process of shared prosperity across the globe following local-specific conditions, and argues that it is crucial to understand the features of knowledge-induced growth in rich countries, as well as the challenges and opportunities for late-industrialized and less developed countries. To achieve these objectives the relative importance of infrastructures and incentives is considered the increasingly important role of institutions towards the development of social capital is covered. Learning societies will increasingly rely on distributed knowledge bases, as a systematically coherent set of knowledge, main -tained across an economically and/or socially integrated set of agents and institutions.