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Full Description
Billions of dollars, Euros, yen, and yuan in public funds are spent annually to promote innovation in metropolitan regions, attempting to transform the economy by attracting technology-based companies and supporting small startups to secure high-paying jobs. The impacts of those investments are typically assessed in terms of economic growth, venture capital, and jobs. Regional innovation is assessed with financial measures that do not account for the distribution of wealth, nor do they evaluate if innovation addresses broader sustainability concerns. This book draws on evidence from 144 interviews with civic leaders in three urban regions—Atlanta, Phoenix, and the Twin Cities—to illuminate three commonly accepted but flawed myths about innovation that misdirect policymakers and civic leaders and perpetuate the idea that innovation is solely about economic growth. This book offers evidence of the social networks, labor divisions, and conditions enabling innovation to dispel those three myths and propose more nuanced and realistic ways of thinking about regional innovation.
This book is not an argument against innovation. Rather, it critically reflects upon investments in innovation and showcases laudable efforts to create a livable and sustainable city. The book offers a novel method to assess the processes and outcomes of innovation in a manner that can complement economic approaches. The author lays bare the human values that motivate city staff, corporate officers, and academic partners and highlights the efforts of organizations that often remain underappreciated. The evidence presented in this book puts forward a means to assess if (and how) innovation contributes to an equitable and sustainable future or if it perpetuates injustices and economic stratification.
The Myths of Regional Innovation will appeal to scholars across broad fields, including innovation studies, technology management, entrepreneurship, economic development, and public policy.
Contents
1. Introduction 2. Three Myths of Regional Innovation 3. Sustainability and Responsible Innovation 4. Research Design 5. The Man, the Myth, the Entrepreneur 6. Networks of Power and Powerful Networks 7. Excluded from Regional Innovation 8. Atlanta Burgeoning Spirit in the Southeast 9. Twin Cities: Innovation at the headwaters of the Mississippi 10. Phoenix: Innovation Arising in the Desert Southwest 11. Mental Models, Industrial Sectors and Regulation 12. Assessing Regional Innovation with Sustainability and Responsible Innovation 13. Barriers to Regional Innovation 14. Assets to Build Regional Innovation Strategies 15. Strategic Planning, Addressing Equity, and Envisioning a Just Future Appendix A. Data tables for network diagrams in Chapter 6 Appendix B. Data tables by Sector and Region that supports Chapter 11. Appendix C. Codebook for Thematic Coding
