Innovation and Knowledge in the Context of Regional Development
Innovation and Knowledge in the Context of Regional Development

Summary/Abstract: The aim of the article is to present the role of innovation and knowledge in the development of a region. The method of subject literature analysis has shown three aspects of the issue of innovation and knowledge in the regional context. The first is a reference to the learning region concept. Second - showing the role of the creative class in the development of a region. Third aspect touches on innovative systems associo-economical, institutional, productive and innovative networks creating a functional whole. Analysis and characteristics presented in the paper demonstrate the practical benefits of increasing innovation and knowledge in development processes and enhancing competitiveness of a region. In the dimension of social implications, the analysis indicates the indispensability of collective learning, using knowledge, human capital and innovation as well as networked cooperative-competitive relationship and cooperation as pro-development impulses of regional economy. This article is a reviewand analysis of the literature on the subject of selected aspects of innovation and knowledge in the regional development perspective.

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