Abstract
This chapter synthesizes our prior work that examines the role of governance in creating place-specific advantages. We define governance as the interactive process of building consensus to solve a collective problem. Thus, governance creates social norms and institutions that may responsibly advance place-specific advantage. Through this process, conditions are created that generate interest and expertise around a local industry, putting the “secrets” of the industry into the air of public conversation.
Original language | English (US) |
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Title of host publication | The Elgar Companion to Innovation and Knowledge Creation |
Publisher | Edward Elgar Publishing Ltd. |
Pages | 685-701 |
Number of pages | 17 |
ISBN (Electronic) | 9781782548522 |
ISBN (Print) | 9781782548515 |
DOIs | |
State | Published - Jan 1 2017 |
Externally published | Yes |
Bibliographical note
Publisher Copyright:© Harald Bathelt, Patrick Cohendet, Sebastian Henn and Laurent Simon 2017.