From the politic of innovation to the innovational territorial development in middle cities: the case of Aranda de Duero.

The aim of this paper is to analyse the principal components of Castilla y León's innovation system, placing a particular emphasis on the transversal role played by financing as well as the body and results by sector and territory of the total financial aid administered by Ade, Castilla y León’s Investment and Service Agency, destined to boost both R&D related activity and companies, as well as innovative enterprising initiatives, considered to be potentially one of the most promising future alternatives for Castilla y León’s traditional productive base. In this paper, we have opted to focus on the socio-institutional aspects of innovation processes on a local scale, identifying those agents and networks created ad hoc, relating both corporate and social considerations, and attempting to analyse the impact of these processes in Aranda de Duero (Castilla y León).