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The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories

Inês Gusman, Alan Sandry Orcid Logo

Sustainability, Volume: 14, Issue: 14, Start page: 8429

Swansea University Author: Alan Sandry Orcid Logo

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DOI (Published version): 10.3390/su14148429

Abstract

The economic relevance of the characteristics of territories has been addressed by many approaches across different disciplines. While some consider them an important source for the reputation of territories, others rely on the fact that in a global mass market the territorial embeddedness of goods...

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Published in: Sustainability
ISSN: 2071-1050
Published: MDPI AG 2022
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URI: https://cronfa.swan.ac.uk/Record/cronfa60693
first_indexed 2022-08-01T16:16:05Z
last_indexed 2023-01-13T19:21:00Z
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spelling 2022-08-01T17:16:38.7681924 v2 60693 2022-08-01 The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories 5d022ba0bc5c0b050e59a24c4617167a 0000-0001-8089-8778 Alan Sandry Alan Sandry true false 2022-08-01 CBAE The economic relevance of the characteristics of territories has been addressed by many approaches across different disciplines. While some consider them an important source for the reputation of territories, others rely on the fact that in a global mass market the territorial embeddedness of goods and services increase their market value through the assertion of their uniqueness and authenticity. In this article we propose the integration of these different interpretations on a common framework to better understand the underlying mechanisms and processes associated with the economic consequences of those characteristics that make territories unique and form their identity. We conduct a literature review to identify basic definitions, existing methodologies and core features of the most relevant studies on the topic to provide a broad conceptual framework for the analysis and economic promotion of the identities of territories. Additionally, two illustrative case studies are presented, covering successful strategies where identities have been put in the centre of an economic development strategy: the Way of Saint James (Galicia, Spain) and the Douro Valley (Portugal). Through the lens of the reviewed concepts, both strategies are assessed. Building on a broad repertoire of research approaches and disciplines, we conclude by outlining a new research agenda on the economies of identities and stressing the potentialities and limitations of mobilising the identities of territories as a resource for economic development Journal Article Sustainability 14 14 8429 MDPI AG 2071-1050 identities of territories; regional development; economies of identities; spatial differentiation; territorial embeddedness 10 7 2022 2022-07-10 10.3390/su14148429 Data Availability Statement: No new data were created in this study. Data sharing is not applicableto this article. COLLEGE NANME Management School COLLEGE CODE CBAE Swansea University This research was funded by the Ministerio de Universidades (Spanish Governement), Next Generation EU, grant UP2021-042 (Ayudas Margarita Salas). 2022-08-01T17:16:38.7681924 2022-08-01T13:29:38.5207507 Faculty of Humanities and Social Sciences School of Management - Business Management Inês Gusman 1 Alan Sandry 0000-0001-8089-8778 2 60693__24790__b60ee9596d854870a25a1f713889d668.pdf 60693.pdf 2022-08-01T13:33:21.3848975 Output 796268 application/pdf Version of Record true © 2022 by the authors. This is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license true eng https://creativecommons.org/licenses/by/4.0/
title The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories
spellingShingle The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories
Alan Sandry
title_short The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories
title_full The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories
title_fullStr The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories
title_full_unstemmed The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories
title_sort The Economies of Identities: Recognising the Economic Value of the Characteristics of Territories
author_id_str_mv 5d022ba0bc5c0b050e59a24c4617167a
author_id_fullname_str_mv 5d022ba0bc5c0b050e59a24c4617167a_***_Alan Sandry
author Alan Sandry
author2 Inês Gusman
Alan Sandry
format Journal article
container_title Sustainability
container_volume 14
container_issue 14
container_start_page 8429
publishDate 2022
institution Swansea University
issn 2071-1050
doi_str_mv 10.3390/su14148429
publisher MDPI AG
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management
document_store_str 1
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description The economic relevance of the characteristics of territories has been addressed by many approaches across different disciplines. While some consider them an important source for the reputation of territories, others rely on the fact that in a global mass market the territorial embeddedness of goods and services increase their market value through the assertion of their uniqueness and authenticity. In this article we propose the integration of these different interpretations on a common framework to better understand the underlying mechanisms and processes associated with the economic consequences of those characteristics that make territories unique and form their identity. We conduct a literature review to identify basic definitions, existing methodologies and core features of the most relevant studies on the topic to provide a broad conceptual framework for the analysis and economic promotion of the identities of territories. Additionally, two illustrative case studies are presented, covering successful strategies where identities have been put in the centre of an economic development strategy: the Way of Saint James (Galicia, Spain) and the Douro Valley (Portugal). Through the lens of the reviewed concepts, both strategies are assessed. Building on a broad repertoire of research approaches and disciplines, we conclude by outlining a new research agenda on the economies of identities and stressing the potentialities and limitations of mobilising the identities of territories as a resource for economic development
published_date 2022-07-10T08:13:20Z
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