Smart Specialisation or Smart Following? A study of policy mimicry in priority domain selection
Korneliusz Pylak,
Jason Deegan and
Tom Broekel (tom.brokel@uis.no)
No 2439, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography
Abstract:
This paper explores the phenomenon of mimicry in the selection of economic domains for Smart Specialisation Strategies (S3) and discusses the regional policy implications of strategic mimicry. By analysing S3 documents from European regions, we identify and distinguish between two general types of mimicry: ‘Follow the Peers’ and ‘Follow the Role Models,’ against the more desirable ‘Follow the Indicators’ priority selection strategy. Our findings reveal that although regions rely on their strengths by following the crucial indicators, thus exhibiting non-mimetic behaviour, there is a stronger tendency for regions to mimic popular domain portfolios, particularly those chosen by neighbouring regions and national strategies. Understanding these patterns in the selection of priority domains helps decision-makers balance mimicry and diversification, promoting specialization, new economic activities, and regional uniqueness.
Keywords: smart specialisation; regional strategy; regional policy; innovation policy; mimicry (search for similar items in EconPapers)
JEL-codes: O25 O38 R11 (search for similar items in EconPapers)
Date: 2024-11, Revised 2024-11
New Economics Papers: this item is included in nep-eur, nep-geo, nep-ino, nep-sbm, nep-tid and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:2439
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