Title: Framing knowledge-based urban development and absorptive capacity of urban regions: a case-study of Limburg, the Netherlands
Authors: Patricia Van Hemert; Paul Louis Iske
Addresses: Department of Organization and Strategy, School of Business and Economics, Maastricht University, P.O. Box 616, 6200 MD, Maastricht ' Department of Organization and Strategy, School of Business and Economics, Maastricht University, P.O. Box 616, 6200 MD, Maastricht
Abstract: Policy makers and developers increasingly stimulate economic prosperity by promoting the integration and concentration of research, technology, and human capital, inspired by research that places science central in the city. KBUD research stands out in that, besides measuring the campuses' characteristics, it also includes the effect of a number of external environments on the successful development of a city. However, so far, it has overlooked the importance of measuring absorptive quality of a city region. In this article, we propose an extension of the knowledge-based urban development (KBUD) model with an additional pillar that measures the level of absorptive quality of a region on the basis of local networking and cooperation activity. The extensive model shows that although the development program of the Limburg region scores good in the field of economic quality, the absorptive capacity of the region is less well developed. In particular, start-ups and SMEs in the service sector need extra attention in order to successfully boost innovativeness in the region.
Keywords: knowledge-based development; urban development; KBUD; cities; absorptive capacity; local innovation; local collaboration; networking; start-ups; small and medium-sized enterprises; SMEs; case study; Limburg; The Netherlands; city regions; economic quality.
International Journal of Knowledge-Based Development, 2015 Vol.6 No.4, pp.314 - 349
Received: 03 Nov 2014
Accepted: 01 Oct 2015
Published online: 21 Jan 2016 *