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In addition to their often‐cited role as global service hubs, world cities are also global innovation hubs with their connectivity in knowledge networks crucial for the innovation clusters they harbour. While both aspects of world cities' global connectivity may allow their urban economies to grow, we argue that specialization in one of these two networks may increase economic performance. We provide systematic evidence of this substitution effect by examining the changing positions of 129 world cities in inter‐city innovation and service firm networks (2000–2012). Fixed effects panel analysis of city GDP growth confirm that the two networks are partial substitutes. [ABSTRACT FROM AUTHOR]

Cultural heritage has been recognized as fundamental for local development. In particular, some recent works have highlighted the role of sophisticated transmission channels of this relationship, that is local creativity and cosmopolitan identity. Following a territorial perspective, the present work aims at combining the two approaches, in the belief that there could be a synergic interplay between creativity and cosmopolitan identity, reinforcing their individual effects. Accordingly, an original conceptual and operational taxonomy characterizing cultural cities is put forward. The contribution of the different identified patterns to urban and regional growth is assessed, as well as their capacity to valorize cultural participation. [ABSTRACT FROM AUTHOR]

Using the inter‐regional economic inequality index and the gross state product per capita for the Mexican states over the period 1940–2015, we apply regime dynamics and hierarchical cluster analysis for segmenting the sample into regimes of Mexican states with similar performance. Robust econometric models are studied showing the direction of causality between economic inequality and income per capita, and the existence of a U‐shaped curve for the interdependence between economic growth vs economic inequality, and threshold levels. We additionally demonstrate the existence of inequality traps. The education literacy rate as a control variable indicates an inverted U‐shaped curve. [ABSTRACT FROM AUTHOR]