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This thesis sets out to explore the potential impact of harnessing “international collaboration” to the benefit of the participant regions. The emergence of the role of regions within national and international economies has become a field of increasing interest and importance (Karlsson 2007 and Ketels et al. 2008). This chapter explores the concepts of regions and clusters in the context of the facilitating the development of sustainable knowledge driven local economy and in particular the role of government policy in its facilitation.

Knowledge economy - global, european and uk global

As described earlier, the emergence of the knowledge-based economy around the world has been widely acknowledged at an international level, (OECD 1996 and Work Foundation 2006), and also increasingly so at national (DTI 2003 and Shapira et al. 2005) and regional levels. This has led to many countries large and small developing strategies to harness the opportunities of the Knowledge Economy, including nations as diverse as the US, UK (DTI 2004), New Zealand, Malaysia and Scotland (Scot Exec 2001).

Knowledge creation is a key driver of the Knowledge Economy and the United States is the world leader in this regard investing the most into the creation of knowledge; some $285bn annually. This compares with other leading nations as shown in [link] (OECD 2005).

R&D Expenditure by leading nations (OECD 2005).
Country R&D Investment % of OECD expenditure % of National GDP
United States $285bn 42 2.6
EU $211bn 31 2.0
Japan $114bn 17 3.2

Eu and uk

Developing the world’s strongest Knowledge-based economy has become a key goal for the European Union as launched at the Lisbon 2000 Council (Lisbon 2000 EU Council Strategy).

…to become the most dynamic and competitive knowledge based economy in the world

At a European level the disparities in economic performance between regions, even within countries, are highlighted by Figures compiled by the European Commission (EUROSTAT 2004) and shown in [link] . The United Kingdom provides the most striking example of this with Inner London generating GDP per capita at 288% of the EU average while at the other end of UK performance are the Isles of Scilly registering 65% (Wales Objective One region – 73%).

GDP per capita 2001, NUTS 2 level in % of EU-25 average (EU-25 = 100).

The leading regions are typically those including the capital city and this performance aligns with the intensity of knowledge-based activity as has been shown in Cooke and Clifton (2005). However, this measure serves to highlight one of the limitations of simple GDP measures. As ‘output’ location is recorded rather than ‘income’ region the apparent prosperity of regions can be misleading. For example, relatively few people live in Central London, though a huge amount of GDP is generated. Much of the wealth created in the capital flows out in pay packets to be spent in the commuter-belt. Wales experiences the same phenomenon, with workers flowing into the capital, many from the relatively poor Valleys, to create GDP that registers as an output of Cardiff.

Questions & Answers

I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
How we are making nano material?
what is a peer
What is meant by 'nano scale'?
What is STMs full form?
scanning tunneling microscope
how nano science is used for hydrophobicity
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
what is differents between GO and RGO?
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
The nanotechnology is as new science, to scale nanometric
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
what school?
biomolecules are e building blocks of every organics and inorganic materials.
anyone know any internet site where one can find nanotechnology papers?
Damian Reply
sciencedirect big data base
Introduction about quantum dots in nanotechnology
Praveena Reply
what does nano mean?
Anassong Reply
nano basically means 10^(-9). nanometer is a unit to measure length.
do you think it's worthwhile in the long term to study the effects and possibilities of nanotechnology on viral treatment?
Damian Reply
absolutely yes
how to know photocatalytic properties of tio2 nanoparticles...what to do now
Akash Reply
it is a goid question and i want to know the answer as well
characteristics of micro business
for teaching engĺish at school how nano technology help us
How can I make nanorobot?
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, A study of how a region can lever participation in a global network to accelerate the development of a sustainable technology cluster. OpenStax CNX. Apr 19, 2012 Download for free at http://cnx.org/content/col11417/1.2
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