Abstract
This chapter analyzes the elements of an environmentally sustainable regional trade and development under the NAFTA based on the decentralization of the infrastructure. The author assesses how the democratization of the territory and innovations in the sphere of institutional design address the complexity of the trade and development challenges. The method employed is the critical analysis supported by a review of the literature and consultation with the experts in the field. It is concluded that the environmentally sustainable capacity planning has a critical role in regional innovation development in specific areas of regional trade and development, economic growth, social inclusion and equality, environmental sustainability, health, education, and business. To achieve these aims, environmentally sustainable regional trade and development require the democratization of the territory and the new institutional design.
TopBackground
The regional innovation ecosystem has the levels of interaction shaping, implementing and operating. The regional plan based on an regional green innovation ecosystem is interconnected and supported by a network of organizations, firms, local government, educational centers, communities, etc., aimed to create an inclusive economy based on innovation and encouraged by local business to make local improvements. The regional green innovation ecosystem is interconnected and supported by a network of communities, neighborhoods, social organizations, business firms, local governments and authorities, educational and research centers, etc., are the foundations for the environmental regional planning and design.
Regional innovation and entrepreneurship network systems in the local ecosystem play a crucial role to promote and adapt to new situations (Granovetter, 1973). A green innovation ecosystem is form with regional planning and development programs, living labs and future internet experimental facilities for users and citizens, policy-makers, researchers, scientists, ICT business companies, etc. Regional cyberspace is crucial in technological innovation in city management of digital cities to deliver benefits to people in green public spaces and developing civic networks in areas of economic regeneration and community building.
Key Terms in this Chapter
Sustainable Development: A type of development obtained to meet the needs of the present generation without compromising the ability of future generations to meet their own needs.
Regional Trade: A freely determined geographical area, which does not necessarily coincide with political boundaries. The meeting and exchange with local producers and artisans in the region, a space to discover quality products and various artisanal productions.
Regional: Makes reference to that belonging to or relating to the city.
Democratization: A process of distributing or dispersing functions, powers, persons from the State or central government to regional and local administrations.
Territory: An extension of land that belongs to a state, province or other type of political division.
Infrastructure: A set of technical means, services and facilities necessary for the development of an activity or for a place to be used.
Institutional Design: The projects carried out for organizations that play a social interest function.