Do EU regions benefit from smart specialization?
David L. Rigby,
Dieter Kogler (),
Ron Boschma () and
No 1931, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography
Smart specialization was conceived as a â€œbottom-upâ€ framework to identify new growth paths connected to the existing knowledge cores of regions. Operationalization of smart specialization has proven difficult, though a recent â€œmappingâ€ of technologies in terms of knowledge relatedness and complexity suggests a useful cost-benefit framework. We extend these ideas, locating EU cities in a smart specialization space and tracking their development of alternative technologies over the period 1981 to 2015. Panel models show employment growth and GDP growth are faster in cities that exhibit a logic of technological development consistent with the tenets of smart specialization.
Keywords: smart specialization; policy; complexity; technological relatedness; European Union (search for similar items in EconPapers)
JEL-codes: O25 O38 R11 (search for similar items in EconPapers)
Date: 2019-11, Revised 2019-11
New Economics Papers: this item is included in nep-eur, nep-geo, nep-ino, nep-sbm and nep-tid
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