Knowledge Dynamics and Policies for Regional Development: Towards a New Governance Paradigm

Henrik Halkier

European Planning Studies, 2011, vol. 20, issue 11, 1767-1784

Abstract: If regional policies are to make a difference, they must address the underlying issues that propel growth in successful regions and hamper development in others. This implies that in the wake of structural changes like the ongoing change from an industrial towards a knowledge-economy paradigm, policies for regional economic development must be reconsidered. This article reviews the development of new forms of regional policy in the context of the governance challenges created by the emergence of new knowledge dynamics. Having outlined a conceptual framework and reviewed the literature on the transformation of regional policy in Europe, the article explores current policy patterns in European regions, combining the results of a survey of the policies regional development bodies in European regions, and the findings about the impact of public policies on the basis of an extensive series of in-depth case studies of economic change processes in firms and regions. It is concluded that although important changes have taken place with regard to adopting policies to emerging processes in the knowledge economy, further adjustments may be called for in order for localities to fully benefit from new knowledge dynamics in an increasingly global era.

Date: 2011
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DOI: 10.1080/09654313.2012.723420

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