The Resurgence of Regional Economies, Ten Years Later: The Region as a Nexus of Untraded Interdependencies
Abstract
Since the early 1980s, social scientists have increas ingly focused upon the significance of the region to the organization of economic life. This article considers three main lines of analysis which have emerged. These concentrate respectively on insti tutions, industrial organization and transactions, and technological change and learning. Each has made strong claims about the role of the region. I argue here, however, that none has yet developed a wholly convincing explanation for the resurgence of regional economies. To do this it is necessary to understand the region as a locus of untraded interdependencies. This has implications for how we think about regional and industrial policies. I illustrate these points with some remarks on regional policies in contemporary Europe.
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To understand economic development we need to look beyond traded interdependencies and also examine the untraded interdependencies between actors that explain the differential performance of economic systems.
“However, to understand economic development we need to look beyond these traded interdependencies and also examine the untraded interdependencies between actors that explain the differential performance of economic systems ( Dosi, 1988; Lawson, 1999; Storper, 1995 ).”
From Toward an Entrepreneurial Ecosystem Research Program (2022) · cites this paper as Storper, 1995
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“However, to understand economic development we need to look beyond these traded interdependencies and also examine the untraded interdependencies between actors that explain the differential performance of economic systems (Dosi, 1988; Lawson, 1999; Storper, 1995).”
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- Authors
- Storper, M.
- Affiliations
- University of California, Los Angeles (US)
- Corresponding author
- Storper, Michael
- ORCID
- Storper, Michael
- Venue
- European Urban and Regional Studies
- Publisher
- SAGE Publications
- Published
- 1995-07
- Volume
- 2
- Issue
- 3
- Pages
- 191-221
- ISSN
- 0969-7764 (ISSN-L)
- 1461-7145
- OpenAlex
- W1981289805
- Cited by
- 1,595
- References
- 1
- Citations by year
- 2026: 15 · 2025: 18 · 2024: 19 · 2023: 19 · 2022: 29 · 2021: 35 · 2020: 33 · 2019: 39 · 2018: 59 · 2017: 51 · 2016: 40 · 2015: 56 · 2014: 56 · 2013: 60 · 2012: 65
- FWCI
- 85.83
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- European Urban and Regional Studies (publishedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Regional Economics and Spatial Analysis
- Social Sciences › Political Science and International Relations › Regional Development and Policy
- Social Sciences › Development › Regional Development and Innovation
- Keywords
- regional economy, regional organizations, industrial organization, transactions, technological change, learning, regional policy, industrial policy, EU cohesion policy
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