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

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  • Matteo Laffi
  • Ron Boschma

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.

Suggested Citation

  • Matteo Laffi & Ron Boschma, 2021. "Does a local knowledge base in Industry 3.0 foster diversification in Industry 4.0 technologies? Evidence from European regions," Papers in Evolutionary Economic Geography (PEEG) 2112, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Mar 2021.
  • Handle: RePEc:egu:wpaper:2112
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    References listed on IDEAS

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    More about this item

    Keywords

    Fourth Industrial Revolution; Industry 4.0; regional innovation; patents; knowledge space; relatedness; EU regions;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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