This book addresses how economic spaces dynamically change
within the context of the global knowledge-based economy.
Specifically, it centers the discussion on integrated views of
understanding and conceptualizing dynamic changes of global economy
under the global megatrends of globalization, knowledge-based
economy, information society, service world, climate change, and
population aging. Focusing on East Asia, especially on Korea, it
deals with case studies regarding the processes and patterns of
these global dynamics, looking at economic spaces of various
spatial scales and types of economic actors.
This book develops a theoretical model for understanding and
analysing the dynamics of economic spaces that are being reshaped
within the larger global economy. It also emphasizes the analysis
of empirical studies at the level of firm, region, and state by
considering an evolutionary perspective over time. In developing
its theoretical framework, this book examines regional resilience,
intangible assets, service innovation, path dependence, and other
notions related to the evolution of economic spaces, and
incorporates these elements into real-world case studies.
The integrated theoretical framework examined here contributes a
new perspective on spatial disparities in the global economy. An
integral model of service innovation; the integration of path
dependence and regional resilience; the interaction between firm
and region for the accumulation of intangible assets; and the roles
of governments and global firms: these are all essential to
understanding the dynamics of economic spaces in East Asia. The
theoretical model and case studies in this book suggest policy
implications for developing countries, especially in the Asian and
African regions, with regard to regional development and innovation
policies.
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