VOL. 3, NO. 3, PGS. 28–49


Endogenous Development
Local Initiatives in a Global World
Antonio Vázquez Barquero

Antonio Vázquez Barquero is Professor of Economics and Emeritus Professor at the Autonomous University of Madrid. He is also the author of Endogenous Development: Networking, Innovation, Institutions and Cities.

This translation has been automatically generated and has not been verified for accuracy.

Globalisation is transforming development processes in all types of territories, conditioning the dynamics and interaction of the forces of development. Business networks are transforming the organisation of the productive system, human resources are incorporating new knowledge into innovation processes, and the evolution of institutions is facilitating economic and social progress by creating an environment of trust. Moreover, new technologies are changing transport and communication systems, the diffusion of knowledge and the dynamics of markets.

The effects of globalisation differ from one territory to another depending on its history, productive capacity and culture. In order to advance our understanding of how territories change and transform themselves, the endogenous development vision is very useful, as it facilitates the analysis of reality and allows us to understand the dynamics and interaction of productive forces. This helps to identify the most appropriate policies and the role played by economic, political and social actors.

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