Editorial: Knowledge-based dynamics for local development – a position paper. (8th June 2011)

• Record Type: Journal Article
• Authors: Lerro, Antonio; Schiuma, Giovanni
• Is Part Of: International journal of knowledge-based development. Volume 2:Number 1(2011)
• Page Start: 1
• Page End: 15
• Publication Date: 2011-06-08
• Subjects: knowledge-based development -- local and regional systems -- policy implications; Knowledge management -- Periodicals; City planning -- Periodicals; Information technology -- Social aspects -- Periodicals; 307.116
• Languages: English
• ISSNs: 2040-4468

Abstract

The debate on the nature and dynamics of local development in both academic and policy circles has now moved from the earlier and then traditional focus on endogenous and context-specific assets to analysing more and more the role of the knowledge assets and their dynamics for grounding local systems' capacity to perform sustainable development and value creation for their key-stakeholders. However, the research on this subject appears still widely open to new theoretical and empirical contributions. This position paper provides the background for this debate: specifically, we analyse – through an excursus of the issues related to the local and regional development – sometheoretical and policyreasons explaining the relevance of identifying and exploiting knowledge-based dimensions of value . The paper concludes with a call for investigating what are the new knowledge dimensions and traits to be further and better developed and managed.