Abstract
Which direction should urban centres and metropolitan regions seek to develop in, in order to guarantee their future survival and success in the twenty-first century? This chapter addresses the basic factors governing the economic future of urban regions, and, more specifically, the conditions for developing innovative potential in regional business. The bottom line is that metropolitan regions, cost-intensive locations as they are, can only maintain and expand within the global economy if, firstly, innovative commercial activities are developed, and secondly, there is a close connection between the innovative potential of businesses in the region and that of the region itself. The more receptive regions are to innovative processes, the more favourable the business environment will be for successful ‘production in the 21st century’ (Lutz, Hartmann and Hirsch-Kreinsen, 1996).
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© 1999 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Brandt, A. (1999). Defining Innovative Potential in City Regions. In: Blanke, B., Smith, R. (eds) Cities in Transition. Anglo-German Foundation for The Study of Industrial Society. Palgrave Macmillan, London. https://doi.org/10.1057/9780333982273_12
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DOI: https://doi.org/10.1057/9780333982273_12
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