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The Relationship Between Export and Technological Specialisation Profiles Across EU Countries and Regions and the Identification of Development Potentials

Author

Listed:
  • Fabian Unterlass

    (WIFO)

  • Andreas Reinstaller
  • Klaus S. Friesenbichler
  • Alexandros Charos

    (WIFO)

  • Kathrin Hranyai

    (WIFO)

  • Peter Reschenhofer
  • Anna Strauss

    (WIFO)

  • Sebastian Unterlass
  • Johanna Vogel

    (WIFO)

  • Agnes Kügler
  • Stefan Weingärtner

Abstract

The aim of this study is to analyse the development of new industrial specialisations and the process of export diversification both at the country and the regional level for the EU countries over time. It examines to what extent these processes show path dependent properties, whether persistent development trajectories can be shifted in order to avoid structural traps and what role related and unrelated diversification play for the economic performance of regions. Overall, the results of this report and its policy implications underscore that Smart Specialisation policies require a smooth coordination of a larger set of diverse policy measures that take into account both the local context and all the involved players rather than a perfect setup of single policies. In particular, the educational system, specialisation patterns in research and innovation, and foreign direct investments play a key role in diversification processes and should be a constitutive element of Smart Specialisation policies.

Suggested Citation

  • Fabian Unterlass & Andreas Reinstaller & Klaus S. Friesenbichler & Alexandros Charos & Kathrin Hranyai & Peter Reschenhofer & Anna Strauss & Sebastian Unterlass & Johanna Vogel & Agnes Kügler & Stefan, 2015. "The Relationship Between Export and Technological Specialisation Profiles Across EU Countries and Regions and the Identification of Development Potentials," WIFO Studies, WIFO, number 58911, February.
    • Handle: RePEc:wfo:wstudy:58911
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    9. Jürgen Janger & Agnes Kügler & Andreas Reinstaller & Peter Reschenhofer & Fabian Unterlass, 2017. "Austria 2025 – A New Strategic Innovation Policy Framework. Addressing Structural Change and Upgrading," WIFO Studies, WIFO, number 59290, February.
    10. David L. Rigby & Christoph Roesler & Dieter Kogler & Ron Boschma & Pierre-Alexandre Balland, 2019. "Do EU regions benefit from smart specialization?," Papers in Evolutionary Economic Geography (PEEG) 1931, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2019.

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