Capabilities, institutions and regional economic development: a proposed synthesis
Journal: Cambridge Journal of Regions Economy and Society
Year: 2023

Abstract The capability framework in evolutionary economic geography views regional economic development as a process of related diversification through the acquisition of capabilities that render a regional economy more complex. Using this framework, we synthesize seven theoretical notions that hitherto remained rather disconnected: relatedness, complementarity, variety, complexity, diversification, agents of structural change and related variety. We formulate a constructive critique of the cap