Technological Coherence and the Adaptive Resilience of Regional Economies

Silvia Rocchetta () and Andrea Mina

No 1713, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: This paper explores the effect of different regional technological profiles on the resilience of regional economies to exogenous shocks. We conduct an empirical examination of the determinants of resilience through panel analyses of UK NUTS III level data for the 2004-2012 period. The results indicate that regions endowed with technologically coherent - and not simply diversified - knowledge bases are better prepared to face an unforeseen downturn and display resilience. Moreover, local economies tend to be more adaptable if they innovate in sectors with the strongest growth opportunities, even though firms' net entry does not appear to contribute significantly towards resilience.

Keywords: resilience; adaptation; innovation; technological variety; financial crisis (search for similar items in EconPapers)
JEL-codes: O30 O33 R11 (search for similar items in EconPapers)
Date: 2017-06, Revised 2017-06
New Economics Papers: this item is included in nep-geo, nep-ino, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://econ.geo.uu.nl/peeg/peeg1713.pdf Version June 2017 (application/pdf)

Related works:
Journal Article: Technological coherence and the adaptive resilience of regional economies (2019)
Working Paper: Technological Coherence and the Adaptive Resilience of Regional Economies (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:1713

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