Inderscience Publishers

Economic globalisation and its future challenges for regional development

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This paper aims to outline a new policy theory to improve sustainability and self-reliability of regional innovation and learning systems. Discussing characteristics, success and shortcomings of three well-known examples for regional growth strategies ("generative growth" at Silicon Valley, "corporate-led academic entrepreneurship" in Sweden, and equity investment models in Israel), strategies are presented to link global and local value chains whilst moderating regional and social polarisation.

Keywords: hypercompetition, generative growth, Silicon Valley clusters, Swedish networks, Israel', s High Tech, regional foresight, Regional Innovation and Learning System, less favoured regions, regional cluster, global value chains

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