Key Enabling Technologies and Smart Specialization Strategies. European Regional Evidence from patent data

Sandro Montresor () and Francesco Quatraro

No 2015-05, JRC Working Papers on Corporate R&D and Innovation from Joint Research Centre

Abstract: The paper aims at investigating whether Key Enabling Technologies (KETs) can have a role in facilitating regional Smart Specialisation Strategies (S3). Drawing on the economic geography approach to S3, we formulate some hypotheses about the impact that KETs-related knowledge can have on the construction of new regional technological advantages (RTAs). By crossing regional data on patent applications, in KETs-mapped classes of the International Patent Classification (IPC), with a number of regional economic indicators, we test these hypotheses on a panel of 26 European countries over the period 1980-2010. KETs show a positive impact on the construction of new RTAs, pointing to a new enabling role for them. KETs also exert a negative moderating role on the RTAs impact of the density of related pre-existing technologies, pointing to the KETs capacity of making the latter less binding in pursuing S3. Overall, the net-impact of KETs is positive, pointing to a new case for plugging KETs in the S3 policy tool-box.

Keywords: Key Enabling Technologies; Smart Specialization Strategies; Revealed Technological Advantages (search for similar items in EconPapers)
JEL-codes: O31 O33 R11 R58 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2015
New Economics Papers: this item is included in nep-cse, nep-eur, nep-geo, nep-ino, nep-sbm, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ipt:wpaper:201505

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