Theory of regional development

In the more than a decade since the first edition was prepared, a number of new theories, concepts and approaches have emerged that seek to offer explanations of the current dynamically changing global environment and outline implications for regional development. In this edition, the chapters devoted to the two trends that currently dominate regional development theory, i.e. institutional theory of regional development and the new economic geography school, are completely revised and substantially expanded. The following new or relatively new theories and concepts are analysed: global value chains and global production networks, triple helix, regional innovation systems, knowledge base, related variety, Clusters, concept " local buzz - global pipelines", sectoral and geographical myopia, etc.