Strategic regional path development? Place-based industry development in nation-states’ pursuit of prosperity, autonomy, and sustainability

Simon Baumgartinger-Seiringer (), Richard Shearmur (), David Doloreux () and Amélie Gauthier ()
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Simon Baumgartinger-Seiringer: HEC Montréal, Postal: Canada
Richard Shearmur: McGill University, Postal: Canada
David Doloreux: HEC Montréal, Postal: Canada
Amélie Gauthier: HEC Montréal, Postal: Canada

No 2024/20, Papers in Innovation Studies from Lund University, CIRCLE - Centre for Innovation Research

Abstract: Amid growing geopolitical tensions and supply chain fragilities, many countries adopt new industrial policies aimed at reshoring strategic industries. Simultaneously, rising awareness of the link between feelings of disenfranchisement and regional development levels underscores the strategic importance of intra-national industrial location. Within this context, we propose the concept of Strategic Regional Path Development, understood as a mechanism for (supra-) national industrial capacity-building based on top-down government interventions. Testing the framework using a semiconductor innovation zone in Québec as a case study, we conclude that success depends on aligning expectations and reconciling perspectives on its purpose across policymaking levels and involved actors.

Keywords: new path development; new industrial policies; geo-politics; reshoring; regional inequality; left-behind places (search for similar items in EconPapers)
JEL-codes: L52 O33 R11 R58 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2024-11-29
New Economics Papers: this item is included in nep-geo, nep-ino and nep-ure
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