All around us environmental, social and economic crises are converging at local, regional and global scales. It is becoming self-evident that the side effects of the globalising, neoliberal development model are neither good for most people nor the planet. Something needs to change. The writing has been on the wall for a number of decades, and the number of people involved in prototyping viable alternatives is rising steadily. Should regional development be considered the third wave of eco-social innovation? This text provides a brilliant analysis of the case.