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The social dynamics of innovation networks captures the necessary position of belief, social capital, establishments and norms and values within the creation of information in innovation networks. In doing so, this book connects to a long-standing debate on the socio-spatial context of innovation in financial geography, which is often known as the Territorial Fashions of Innovation (TIMs) literature.
This current quantity breaks with the TIM literature in a number of essential methods. Within the first place, this book emphasizes the position of particular person company as a result of people and their networks are more and more acknowledged because the principal brokers of information creation. Secondly, this quantity seems to be at area as a steady subject of alternative fairly than as bounded territory with a set of endowments, reminiscent of information base and social capital. Though individually these parts will not be new to the TIM literature, it has to date failed to understand their crucial implication for learning the social dynamics of innovation networks.
The strategy to the socio-spatial context of innovation on this quantity is summarized as Information Financial system 2.zero. It emphasizes that human creativity is now the primary supply of financial worth and that human creativity and information creation shouldn’t be an organized course of inside organizations, however occurs backside up in formal and casual skilled and social networks of people that reduce throughout a number of organizations.
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