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Does a local knowledge base in Industry 3.0 foster diversification in Industry 4.0 technologies? Evidence from European regions

Matteo Laffi and Ron Boschma

No 2112, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: The aim of the paper is to shed light on the role played by regional knowledge bases in Industry 3.0 in fostering new technologies in Industry 4.0 in European regions (NUTS3) over the period 1991-2015. We find that 4.0 technologies appear to be quite related to 3.0 technologies, with some heterogeneity among different technology fields. The paper investigates the geographical implications. We find that the probability of developing Industry 4.0 technologies is higher in regions that are specialised in Industry 3.0 technologies. However, other types of knowledge bases also sustain regional diversification in Industry 4.0 technologies.

Keywords: Fourth Industrial Revolution; Industry 4.0; regional innovation; patents; knowledge space; relatedness; EU regions (search for similar items in EconPapers)
JEL-codes: B52 O33 R11 (search for similar items in EconPapers)
Date: 2021-03, Revised 2021-03
New Economics Papers: this item is included in nep-cse, nep-eur, nep-geo, nep-hme, nep-ino, nep-knm, nep-sbm, nep-tid and nep-ure
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