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Knowledge externalities - i.e. intellectual gains made by exchange of information for which no direct compensation is given to the producer of the knowledge - result in higher economic growth rates across urban areas, as well as higher degrees of innovation intensity in those locations where economic activity is dense. By combining theories and methodologies on localised growth and innovation density from the fields of geography and economics, he puts forward an innovative spatial econometric model which contributes to a clearer understanding of actual processes of growth and innovation and...

Regions economically differ from each other - they compete in different products and geographical spaces, exhibit different strengths and weaknesses, and provide different possibilities for growth and development. What fosters growth in one region may hamper it in another. This highly original book presents an accessible methodology for identifying competitors and their particular circumstances in Europe, discusses regional competitiveness from a conceptual perspective and explores both past and future regional development policies in Europe.