Urban Innovation Networks Understanding the City as a Strategic Reso

This book offers fresh insights into how companies can engage with, and make use of, the modern metropolis. Based on actor-network theory and the resource-based view of the firm, it demonstrates how the contemporary city can be seen – and used – as a reso

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Urban Innovation Networks

Understanding the City as a Strategic Resource

Urban Innovation Networks

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Alexander Gutzmer

Urban Innovation Networks Understanding the City as a Strategic Resource

Alexander Gutzmer Department of Corporate Communications Quadriga University of Applied Sciences Berlin, Germany

ISBN 978-3-319-24622-2 ISBN 978-3-319-24624-6 DOI 10.1007/978-3-319-24624-6

(eBook)

Library of Congress Control Number: 2015955615 Springer Cham Heidelberg New York Dordrecht London # Springer International Publishing Switzerland 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer International Publishing AG Switzerland is part of Springer Science+Business Media (www.springer.com)

Foreword: Out of the Valley – Into the City

While these days, more and more European managers and journalists are travelling to the Silicon Valley with the aim to get insights into future innovation, entrepreneurs from the Valley are looking elsewhere: US Venture Firms are investing in Seoul’s Gangnam district in order to tap into what they perceive as one of the global hotbeds of urban innovation, where you stream online videos during your commute and pick-up mobile ordered groceries at your metro station before reaching home. Google is investing in Seoul, too, besides establishing its Sidewalk labs in New York City with the aim to explore urban innovations for reducing emissions, improving transportation and reducing the costs of city living. Wasn’t the internet meant to bring the death of distance? Wouldn’t the World Wide Web liberate us from the tyranny of location, help us to start projects on the beach and get them done in peace on a remote farm in a romantic landscape? Technically, all this has become true to some extent. But economically, the earth has not flattened. The rise of the internet strengthens the impact of network economics: Network effects render goods, services and assets more valuable with every additiona