Strategic intelligence for the future of places: enabling inclusive economic growth through the Opportunity Areas Analysis Tool
Fumi Kitagawa and
Matjaz Vidmar
Regional Studies, 2023, vol. 57, issue 4, 656-669
Abstract:
Based on the growing importance of place-based strategic intelligence, this article puts forward a conceptual framework for a new methodological approach to influence the shaping of subnational economic development. The novel Opportunity Areas Analysis Tool has been designed and deployed in the context of a City Region Deal in Scotland, UK. We define key trends, map core capabilities and assess exploitation capacities for data-driven innovation economic opportunities. We critically appraise the effectiveness of this approach for the creation of inclusive place-based future visions and narratives, and the alignment of technological opportunities within diverse geographical (e.g., semi-rural and rural) and sectoral conditions.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:57:y:2023:i:4:p:656-669
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DOI: 10.1080/00343404.2022.2045267
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