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Capacity and innovation perspective: a new perspective to look at regional economic growth
By Zhang Junwei
Date: 2003/11/25
Abstract：
Raised by Michael Best in 2001, "Capacity and Innovation Perspective" uses the new growth theory to emphasize the beneficial results from knowledge, Joseph A. Schumpeter's innovation and Michael Porter's cluster analysis. It maintains that the regional competitive edge and economic growth should be viewed from the perspective of capacity and innovation and it also puts forward appropriate policy suggestions. This theory is important for us to broaden our vision, get an in-depth understanding of the intrinsic mechanism of regional growth and improve the policy system for western development and the revitalization of the old industrial bases in Northeast China.
