Resilience And Regional Dynamics

Economic and financial crises have brought the rise of unemployment, reduction of economic growth and emergence of global imbalances and tensions as countries and regions have suffered the effects of a variety of internal and external shocks. In this context of constant disruption, the scientific community has struggled to provide satisfactory answers to current economic challenges within standard frameworks. Focusing on the interconnections between innovation and resilience, this edited book contributes to a better understanding of how the crisis affects innovation and the capacity of territories to adapt and evolve. It offers both theoretical and empirical contributions that debate the notions of resilience in regional and urban contexts and serve as case studies related to innovation strategies and territorial clusters.

Resilience has emerged as a recurrent notion to explain how territorial socio-economic systems adapt successfully (or not) to negative events. In this book, the authors use resilience as a bridging notion to connect different types of theoretical and empirical approaches to help understand the impacts of economic turbulence at the system and actor levels. The book provides a unique overview of the financial crisis and the important dimension of innovation dynamics for regional resilience. It also offers an engaging debate as to how regional resilience can be improved and explores the social aspects of vulnerability, resilience and innovation.

Interdisciplinary in its approach, with expert contributors from diverse backgrounds, Resilience and Regional Development brings to light the significance of multiple dimensions of resilience and its implications for the economy.

This Handbook provides a collection of high quality contributions on the state of the art in current debates around the concept of regional economic resilience. It provides critical contributions from leading authors in the field, and captures both key theoretical debates around the meaning of resilience, its conceptual framing and utility, as well as empirical interrogation of its key determinants in different international contexts.

There has been a great deal of restructuring of rural places and communities under globalisation, highlighting the interaction of local and global actors to produce new hybrid socio-economic relations. Recent research highlights the heterogeneity of globalisation in which rural places are different to each other, but also different to how they were in the past. Bringing together an interdisciplinary team of academics, and comparative case studies from Europe (West and East) and Asia, this book explores and discusses opportunities and challenges associated with globalising rural places, and identifies possibilities for policy and practical intervention by rural development actors. Special attention is paid to multi-scalar processes through which rural places are reshaped through globalisation. Taking a geographical approach, the book produces new critical work on the interdependence between globalisation and rural spaces. It is organised into five sections: Part I focuses on ’Global-Rural Linkages’ showing the multifaceted interrelation between actors at different geographical scale and demonstrating that globalisation is not only external to rural spaces. Part II on ’Rural Entrepreneurship and Labour Markets’ explores the potential of business start-ups in rural spaces which are not only necessity driven. Part III ’Rural Innovation and Learning’ shows that rural places are also places for innovation and learning. Part IV on ’Rural Policies and Governance’ argues that regional policies for rural places should promote side activities to maintain social capital and that regional policy should take a more integrative perspective between urban and rural spaces in order to explore complementary development paths. The concluding chapter ’New Approaches to Rural Spaces’ discusses new approaches to globalising rural places in relation to the preceding chapters published in this book.

The term “resilience” originated in environmental studies and describes one’s biological capacity to adapt and thrive under adverse environmental conditions. Regional economic resilience is defined as the capacity of a territory’s economy to resist and/or recover quickly from external shocks, often even improving on its prior situation (before the shock). The contributions in this book analyse different channels related to processes of mitigation (resistance–recovery) and adaptive resilience (reorientation–renewal), in a wide variety of geographical settings and scales. While the different chapters include relevant methodological advances in this literature, they also obtain relevant results from a policy perspective. Moreover, the wide spectrum of topics and analyses among the contributions in this book extend the current framework, to analyse regional economic resilience, from the intersection of several disciplines involving geographers, economists and demographers, as well as environmental scientists.

The book illustrates the use of spatial econometric models to analyze the economic resilience of regions to climate-related shocks. Although climate change is a global externality, climate anomalies can trigger locally disruptive shocks, whose adverse effects on economic growth are transmitted through neighbouring relationships (based on geography, trade, or technological bonds). After laying out the theoretical case for spatial analysis in the study of economic resilience, the book introduces spatial econometric models, their estimation and testing procedures, as well as applications of spatial econometrics in various domains. It then reviews the current literature on the role of space in the propagation of climate shocks, and discusses how adaptation and mitigation policies can leverage spatial dependencies, with a special focus on renewable energy technologies and agricultural productivity. It appeals to scholars of regional and spatial sciences and econometrics as well as those interested in the spatial effects of climate and environmental shocks.