Capabilities, diversification & economic dynamics in European Regions
Jan Fagerberg and
The Journal of Technology Transfer, 2023, vol. 48, issue 2, No 6, 623-644
Abstract What determines the differences in economic performance across European regions? In addressing this question, this paper takes inspiration from two different approaches. One approach highlights the role of capability-building, of a technological or social nature, while another perspective emphasizes the potential advantages of proximity and, hence, a relatively diversified economic structure, for regional economic performance. The paper argues that the impacts of capability-building and diversification on regional economic development need to be assessed jointly. Using information for 261 regions at NUTS2 level in 27 European countries in the 2000s, novel data sources are exploited to construct measures of technological and social capabilities, which are combined with indicators of related and unrelated variety in the analysis of regional economic dynamics. The results suggest that capability-building play a key role in regional economic development while the results for diversification are more mixed.
Keywords: Technological capability; Social capability; Related variety; Unrelated variety; Regional economic development; Europe (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10961-022-09917-1 Abstract (text/html)
Access to full text is restricted to subscribers.
Working Paper: Capabilities, diversification & economic dynamics in European Regions (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:48:y:2023:i:2:d:10.1007_s10961-022-09917-1
Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10961/PS2
Access Statistics for this article
The Journal of Technology Transfer is currently edited by Albert N. Link, Donald S. Siegel, Barry Bozeman and Simon Mosey
More articles in The Journal of Technology Transfer from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().