Business Innovation and Territory: An application to Vigo and its surrounding area
DOI:
https://doi.org/10.4067/S0250-71612011000300006Keywords:
territorial development, regional economy, technological innovation, regional development theoryAbstract
Innovation is the ability to generate and integrate knowledge to provide creative answers to current problems. In the current situation it is seen as a key factor to improve the competitiveness of companies and to promote sustainable development in territories. SMEs are more dependent to the territory. This essay discuss the effect of land management by companies has on their ability to innovate. It assesses the innovation system of SMEs in Vigo and its surrounding area. From a survey of SMEs in the various existing business clusters in the area and using the technique of partial least squares (PLS) it shows that externalities associated with that territory have a major impact on the internal factors associated the innovativeness of the company.
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Copyright (c) 2012 Revista EURE - Revista de Estudios Urbano Regionales
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