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Institutions, smart specialisation dynamics and policy

Markus Grillitsch

Environment and Planning C, 2016, vol. 34, issue 1, 22-37

Abstract: Smart specialisation features prominently in the European regional policy context. This paper discusses how the configuration of the regional institutional framework affects smart specialisation dynamics and policy. It elaborates why and how institutional diversity and integration promote entrepreneurial discovery processes, spillovers and agglomeration effects, and thereby structural change in regions. Policy challenges arising from the regional institutional framework are identified, discussed and related to well-researched system failures of regional innovation systems.

Keywords: Regional policy; institutions; smart specialisation; regional innovation systems; system failures (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (24)

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Working Paper: Institutions, Smart Specialisation Dynamics and Policy (2015) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:34:y:2016:i:1:p:22-37

DOI: 10.1177/0263774X15614694

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