In view of the rural to urban migration, a lot of knowledge has moved to urban spaces. The urban markets are often unable to discriminate or valorize such place-based knowledge. Urban renewal is needed through the knowledge of urban ‘refugees’/migrant population. Urban regions are becoming concentrated centres of poverty and thus rural and urban renewal through social innovations needs to be conceptually and operationally linked. Before the erosion of knowledge becomes irreversible, what kind of strategies be developed for knowledge-based enterprises in urban areas that put special emphasis on the traditional/tacit knowledge of urban workers.
