Human agency, network dynamics and regional development: the behavioural principles of new path creation

ABSTRACT

New path creation processes are a vital component of regional economic development. This paper establishes a behavioural framework to examine and understand such processes. It is argued that human agency and the network dynamics through which these agents interact are at the heart of new path creation processes. In particular, effective new path creation requires the formation of collective forms of agency based on strong strategic networks underpinned by a shared commitment. Regions that are equipped with such agency and networks are more likely to be capable of embracing and managing the economic complexity and adaptability necessary to generate the innovation associated with new development paths.

KEYWORDS:

• path creation
• human agency
• regions
• networks
• systems
• innovation

JEL:

• O1
• O3
• O14
• R1

DISCLOSURE STATEMENT

No potential conflict of interest was reported by the authors.