Theoretical Foundations of the New Geographic and Territorial Economy

Abstract

Space in economic analysis has gone from a marginal vision to a general recognition, with the principle that no economic phenomena exist without a specific relationship to territories, regions, and rural areas. The study aims to demonstrate the shift in the economy from land and raw materials and the logistics of means of transport that have emptied certain territories to an immaterial economy that provides territories with a new future.

Philipe Aydalot emphasized the foundations of a new approach to the "territorial economy" through the concept of an innovative environment: in a word. This territorial environment promotes collective learning processes among local actors. Using this historical method, we demonstrate that development is no longer conceived as the result of a simple process of spatial diffusion of new technologies but a process of adaptation and creative adoption by local production systems that incorporate them according to their needs and culture.