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REGIONAL POLICY AS CHANGE MANAGEMENT - a theoretical discussion with empirical illustrations

Martin Andersson and Börje Johansson

No 249, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: The paper focuses on challenges and potentials for policy in the presence of fundamental change processes that influence the long-term evolution of regions. The perspective in the paper implies that policy can be viewed as ‘management of change’. We present a conceptual model for understanding the nature of fundamental change processes, which emphasizes slowly changing regional characteristics and invariant self-organized response mechanisms. It is supported by empirical examples of the invariant character of regional development and innovation phenomena, such as long-term population growth, export dynamics and persistence in new firm formation across regions in Sweden. The examples are put in perspective by studying the behavior of dynamic systems. A discussion of how policy may support new trajectories are provided.

Keywords: business renewal; innovation; regional policy; persistence; change-processes; dynamic systems; path-dependence (search for similar items in EconPapers)
JEL-codes: O31 R11 R12 R58 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2011-04-26
New Economics Papers: this item is included in nep-cse, nep-ent, nep-geo, nep-knm and nep-sbm
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0249

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