After completing the course, the student demonstrates an analytical understanding of the various knowledge-based theories and development models, and has advanced knowledge and understanding of the dynamics and challenges of institutional change related to economic development of cities and regions. The student also has insight in the complex interaction between innovation, technology, institutions and economic development of cities and regions. The student also learns how institutions governing economic development change, and how institutional entrepreneurs work to change them.
Time: Mondays from January 13 to late April, 14-16
NB! No class Feb 3 (Markku in a meeting) and Feb. 24 (period break)
Place: Main building A2a
Literature review based on the lectures and articles:
60 % of the grade
Home exam based on the book and video lectures:
40% of the grade
Everybody will write a literature review in English drawing on the journal articles.
Dead-line for submitting literature reviews is April 30
Literature reviews will be sent to Markku Sotarauta by email (markku.sotarauta [at] tuni.fi)
The required minimum length of a literature review is 3000 words (appr. 8-9 pages).
What is a literature review and how to write a good one - click here to find the answer.
A number of short questions (the book, the lecture materials and video lectures)
An open essay (the book, video lectures and lecture material). students are asked to select a specific city or region of their own choice and then relate its economic renewal to a number of more specific issues that have been taken up in the book and other material
Will be handed out March 30, deadline is April 9
Sotarauta, M. (2016) Leadership and the City: Power, Strategy and Networks in the Making of Knowledge Cities. Routledge; Abingdon, Oxon
The eight and half (one short one) journal articles under the heading ‘learning material’
(1) Michael Porter: Reshaping Regional Economic Development: Clusters and Regional Strategy (69 min)
US case, generic view on economic develoopment
Supports the first article
(2) MIT's Entrepreneurship Ecosystem (17 min)
MIT is a leading entrepreneurial university and an inspiration for many things also in Finland
Roberts & Murray & Kim (2015) Entrepreneurship and Innovation at MIT: Continuing Global Growth and Impact (voluntary, sheds light, provides empirical evidence)
(3) Mariana Mazzucato: The entrepreneurial state. TEDxSussexUniversity (17 min)
Reminds about the systemic nature of innovation and the roles of a state. Not so surprising in Finland but has become hugely popular in many countries.
(4) Animated timeline shows how Silicon Valley became a $2.8 trillion neighborhood (3,54)
Set 1 - Introduction to the course (Jan 13)
Set 2 - Cluster and competitiveness (Jan. 20 & Jan 27)
Set 3 - Geography of innovation (Feb. 10 & Feb. 17)
Set 4 - Finland and innovation ecosystem (Feb. 17 & March 2)
Set 5 - Knowledge bases (March 9)
Set 6 - Agency (from March 9 to March 30)
Dawley, S. 2014. Creating New Paths? Offshore Wind, Policy Activism, and Peripheral Region Development. Economic Geography, 90(1) 91-112
Edler, J & Fagerberg, J. 2017. Innovation Policy: What, Why & How. Oxford Review of Economic Policy, 33(1) 2-23
Engel, J.S. 2015. Global Clusters of Innovation: Lessons from Silicon Valley. California management review 57(2)
Morgan, K. 2017. Nurturing novelty: Regional innovation policy in the age of smart specialisation Environment and Planning C: Politics and Space, 35(4) 569–583
Asheim, B. Boschma, R. & Cooke, P. 2011. Constructing Regional Advantage: Platform Policies Based on Related Variety and Differentiated Knowledge Bases. Regional Studies, 45(7) 893-904
Kurikka, H., Kolehmainen, J. & Sotarauta, M. 2018. Constructing Regional Resilience in a Knowledge Economy Crisis: The Case of the Nokia-led ICT Industry. In Benneworth, P. (ed.) Universities and Regional Economic Development: Engaging with the Periphery. Routledge; Abingdon, Oxon.
Hu, X. & Hassink, R. 2017. Place Leadership with Chinese Characteristics? A Case Study of the Zaozhuang Coal-mining Region in Transition Regional Studies, 51(2) 224-234
Benneworth et al. 2016. Strategic agency and institutional change: Investigating the role of universities in regional innovation systems. Regional Studies, 51(2) 235-248
Kinossian, N. 2019. Agents of change in peripheral regions. Baltic Worlds 2019, vol. XII:2