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Constructing Regional Advantage and Smart Specialisation: Comparison of Two European Policy Concepts

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  • Ron Boschma

Abstract

This paper discusses two influential policy concepts at the European level that aim to promote economic diversification of regions, that is the Constructing Regional Advantage concept (CRA) and the Smart Specialisation concept (SS). Both policy frameworks identify and prioritise ‘promising’ targets for policy intervention, but they do so differently. The SS concept organizes this identification process through entrepreneurial discovery in which entrepreneurs select the domains of future specialisation. The CRA concept focuses on identifying related variety and bottlenecks that prevent related industries in regions to connect and interact. The paper argues that the two policy concepts can provide useful inputs to develop a smart and comprehensive policy design that focuses on true economic renewal in regions.

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Bibliographic Info

Article provided by FrancoAngeli Editore in its journal SCIENZE REGIONALI.

Volume (Year): 2014/1 (2014)
Issue (Month): 1 ()
Pages: 51-68

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Handle: RePEc:fan:scresc:v:html10.3280/scre2014-001004

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Keywords: Specializzazione intelligente; costruzione di vantaggi regionali; politiche regionali per la coesione;

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  1. Iammarino, Simona & McCann, Philip, 2006. "The structure and evolution of industrial clusters: Transactions, technology and knowledge spillovers," Research Policy, Elsevier, Elsevier, vol. 35(7), pages 1018-1036, September.
  2. Boschma, Ron & Heimeriks, Gaston & Balland, Pierre-Alexandre, 2014. "Scientific knowledge dynamics and relatedness in biotech cities," Research Policy, Elsevier, Elsevier, vol. 43(1), pages 107-114.
  3. Bjørn Asheim & Ron A. Boschma & Philip Cooke, 2007. "Constructing regional advantage: Platform policies based on related variety and differentiated knowledge bases," Papers in Evolutionary Economic Geography (PEEG), Utrecht University, Section of Economic Geography 0709, Utrecht University, Section of Economic Geography, revised Nov 2007.
  4. Todtling, Franz & Trippl, Michaela, 2005. "One size fits all?: Towards a differentiated regional innovation policy approach," Research Policy, Elsevier, Elsevier, vol. 34(8), pages 1203-1219, October.
  5. Howells, Jeremy, 2005. "Innovation and regional economic development: A matter of perspective?," Research Policy, Elsevier, Elsevier, vol. 34(8), pages 1220-1234, October.
  6. Ricardo Hausmann & Dani Rodrik, 2002. "Economic Development as Self-Discovery," NBER Working Papers 8952, National Bureau of Economic Research, Inc.
  7. Oughton, Christine & Landabaso, Mikel & Morgan, Kevin, 2002. " The Regional Innovation Paradox: Innovation Policy and Industrial Policy," The Journal of Technology Transfer, Springer, Springer, vol. 27(1), pages 97-110, January.
  8. Alessandra Colombelli & Jackie Krafft & Francesco Quatraro, 2012. "The emergence of new technology-based sectors at the regional level: a proximity-based analysis of nanotechnology," Papers in Evolutionary Economic Geography (PEEG), Utrecht University, Section of Economic Geography 1211, Utrecht University, Section of Economic Geography, revised Jun 2012.
  9. Frank Neffke & Martin Henning & Ron Boschma, 2011. "How Do Regions Diversify over Time? Industry Relatedness and the Development of New Growth Paths in Regions," Economic Geography, Clark University, Clark University, vol. 87(3), pages 237-265, 07.
  10. Gerhard Wegner, 1997. "Economic Policy From an Evolutionary Perspective: A New Approach," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, Mohr Siebeck, Tübingen, vol. 153(3), pages 485-, September.
  11. Robert Hassink & Arnoud Lagendijk, 2001. "The dilemmas of interregional institutional learning," Environment and Planning C: Government and Policy, Pion Ltd, London, Pion Ltd, London, vol. 19(1), pages 65-84, February.
  12. Ron Boschma & Asier Minondo & Mikel Navarro, 2012. "Related variety and regional growth in Spain," Papers in Regional Science, Wiley Blackwell, Wiley Blackwell, vol. 91(2), pages 241-256, 06.
  13. Fritsch, Michael & Stephan, Andreas, 2005. "Regionalization of innovation policy--Introduction to the special issue," Research Policy, Elsevier, Elsevier, vol. 34(8), pages 1123-1127, October.
  14. Kevin Morgan, 2013. "The regional state in the era of Smart Specialisation," EKONOMIAZ, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 83(02), pages 103-126.
  15. Ron Boschma, 2004. "Competitiveness of Regions from an Evolutionary Perspective," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 38(9), pages 1001-1014.
  16. Jan G. Lambooy & Ron Boschma, 1998. "Evolutionary economics and regional policy," ERSA conference papers ersa98p489, European Regional Science Association.
  17. Ron Boschma & Asier Minondo & Mikel Navarro, 2012. "The emergence of new industries at the regional level in Spain. A proximity approach based on product-relatedness," Papers in Evolutionary Economic Geography (PEEG), Utrecht University, Section of Economic Geography 1201, Utrecht University, Section of Economic Geography, revised Jan 2012.
  18. Philip McCann & Raquel Ortega-Argilés, 2011. "Smart specialisation, regional growth and applications to EU cohesion policy," Working Papers, Institut d'Economia de Barcelona (IEB) 2011/14, Institut d'Economia de Barcelona (IEB).
  19. Ron Boschma & Simona Iammarino, 2009. "Related Variety, Trade Linkages, and Regional Growth in Italy," Economic Geography, Clark University, Clark University, vol. 85(3), pages 289-311, 07.
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