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The Social Dynamics of Innovation Networks (Hardcover)
Loot Price: R4,455
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The Social Dynamics of Innovation Networks (Hardcover)
Series: Regions and Cities
Expected to ship within 12 - 17 working days
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The social dynamics of innovation networks captures the important
role of trust, social capital, institutions and norms and values in
the creation of knowledge in innovation networks. In doing so, this
book connects to a long-standing debate on the socio-spatial
context of innovation in economic geography, which is usually
referred to as the Territorial Models of Innovation (TIMs)
literature. This present volume breaks with the TIM literature in
several important ways. In the first place, this book emphasizes
the role of individual agency because individuals and their
networks are increasingly recognized as the principal agents of
knowledge creation. Secondly, this volume looks at space as a
continuous field of opportunity rather than as bounded territory
with a set of endowments, such as knowledge base and social
capital. Although individually these elements are not new to the
TIM literature, it has thus far failed to grasp their critical
implication for studying the social dynamics of innovation
networks. The approach to the socio-spatial context of innovation
in this volume is summarized as Knowledge Economy 2.0. It
emphasizes that human creativity is now the main source of economic
value and that human creativity and knowledge creation is not an
organized process within organizations, but happens bottom up in
formal and informal professional and social networks of individuals
that cut across multiple organizations.
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