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Institutions, Smart Specialisation Dynamics and Policy

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  • Grillitsch , Markus

    (CIRCLE, Lund University)

Abstract

Smart specialisation features prominently in the European regional policy context. This paper discusses how the configuration of the regional institutional framework affects smart specialisation dynamics and policy. It elaborates why and how institutional diversity and integration promote entrepreneurial discovery processes, spillovers and agglomeration effects, and thereby structural change in regions. Policy challenges arising from the regional institutional framework are identified, discussed and related to well-research system failures of regional innovation systems.

Suggested Citation

  • Grillitsch , Markus, 2015. "Institutions, Smart Specialisation Dynamics and Policy," Papers in Innovation Studies 2015/12, Lund University, CIRCLE - Centre for Innovation Research.
    • Handle: RePEc:hhs:lucirc:2015_012
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    Cited by:

    1. Bruno Brandão Fischer & Maxim Kotsemir & Dirk Meissner & Ekaterina Streltsova, 2020. "Patents for evidence-based decision-making and smart specialisation," The Journal of Technology Transfer, Springer, vol. 45(6), pages 1748-1774, December.
    2. Paul Vallance & Jiří Blažek & John Edwards & Viktor Květoň, 2018. "Smart specialisation in regions with less-developed research and innovation systems: A changing role for universities?," Environment and Planning C, , vol. 36(2), pages 219-238, March.
    3. Fil Kristensen, Iryna & Pugh, Rhiannon & Grillitsch, Markus, 2022. "Leadership and governance challenges in delivering place-based transformation through smart specialisation: Insights and policy implications from a metropolitan innovation leader region," Papers in Innovation Studies 2022/6, Lund University, CIRCLE - Centre for Innovation Research.
    4. Moritz Breul, 2023. "Unpacking smart specialization strategies: how collective policy-making processes shape the direction of regional strategies," Papers in Evolutionary Economic Geography (PEEG) 2320, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2023.
    5. Grillitsch, Markus, 2018. "Place-based entrepreneurship and innovation policy for industrial diversification," Papers in Innovation Studies 2018/3, Lund University, CIRCLE - Centre for Innovation Research.
    6. Robert Hassink, Huiwen Gong, Fabian Faller & Huiwen Gong, & Fabian Faller, 2016. "Can we learn anything from economic geography proper? Yes, we can!," Papers in Evolutionary Economic Geography (PEEG) 1622, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Aug 2016.
    7. Li, Yang & Neffke, Frank M.H., 2024. "Evaluating the principle of relatedness: Estimation, drivers and implications for policy," Research Policy, Elsevier, vol. 53(3).
    8. Nigel Driffield & Jun Du & Jan Godsell & Mark Hart & Katiuscia Lavoratori & Steven Roper & Irina Surdu & Wanrong Zhang, 2021. "Understanding productivity:Organisational Capital perspectives," Working Papers 013, The Productivity Institute.
    9. Grashof, Nils, 2021. "Putting the watering can away –Towards a targeted (problem-oriented) cluster policy framework," Research Policy, Elsevier, vol. 50(9).
    10. Christopher Meyer, 2022. "Social Innovation Governance in Smart Specialisation Policies and Strategies Heading towards Sustainability: A Pathway to RIS4?," Social Sciences, MDPI, vol. 11(4), pages 1-14, March.
    11. Artur Santoalha, 2019. "Technological Diversification and Smart Specialization: the role of cooperation," Working Papers on Innovation Studies 20190109, Centre for Technology, Innovation and Culture, University of Oslo.
    12. Rhiannon Pugh, 2018. "Questioning the implementation of smart specialisation: Regional innovation policy and semi-autonomous regions," Environment and Planning C, , vol. 36(3), pages 530-547, May.
    13. Maximilian Benner, 2022. "An institutionalist perspective on smart specialization: Towards a political economy of regional innovation policy [Place-based Policy and Politics]," Science and Public Policy, Oxford University Press, vol. 49(6), pages 878-889.
    14. Pierre-Alexandre Balland & Ron Boschma & Joan Crespo & David L. Rigby, 2017. "Smart Specialization policy in the EU: Relatedness, Knowledge Complexity and Regional Diversification," Papers in Evolutionary Economic Geography (PEEG) 1717, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jul 2017.
    15. George Papamichail & Alessandro Rosiello & David Wield, 2023. "Addressing Public Policy Implementation Challenges in Lagging Regions Through the Analytical Lens of Smart Specialisation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 356-381, March.
    16. Grillitsch, Markus, 2017. "Transformation Capacity of the Innovative Entrepreneur: On the interplay between social structure and agency," Papers in Innovation Studies 2017/2, Lund University, CIRCLE - Centre for Innovation Research.
    17. Andersen, Per Dannemand & Clausen, Niels-Erik & Cronin, Tom & Piirainen, Kalle A., 2018. "The North Sea Offshore Wind Service Industry: Status, perspectives and a joint action plan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2672-2683.
    18. Robert Hassink & Matthias Kiese, 2021. "Solving the restructuring problems of (former) old industrial regions with smart specialization? Conceptual thoughts and evidence from the Ruhr," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 41(2), pages 131-155, October.
    19. Piirainen, Kalle A. & Tanner, Anne Nygaard & Alkærsig, Lars, 2017. "Regional foresight and dynamics of smart specialization: A typology of regional diversification patterns," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 289-300.
    20. Laima Gerlitz & Christopher Meyer & Christopher Meyer & Gunnar Prause & Gunnar Prause, 2020. "Methodology approach on benchmarking Regional Innovation on Smart Specialisation (RIS3): a joint macro-regional tool to regional performance evaluation and monitoring in Central Europe," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 1359-1385, December.
    21. László Szerb & Raquel Ortega‐Argilés & Zoltan J. Acs & Éva Komlósi, 2020. "Optimizing entrepreneurial development processes for smart specialization in the European Union," Papers in Regional Science, Wiley Blackwell, vol. 99(5), pages 1413-1457, October.
    22. Christian Reiner & Maximilian Benner, 2022. "Cooperation bias in regional policy: Is competition neglected?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(1), pages 187-221, August.
    23. Asheim, Bjørn & Grillitsch, Markus & Trippl, Michaela, 2016. "Smart Specialization as an innovation-driven strategy for economic diversification: Examples from Scandinavian regions," Papers in Innovation Studies 2016/23, Lund University, CIRCLE - Centre for Innovation Research.
    24. Yang Li & Frank Neffke, 2022. "Relatedness in regional development: in search of the right specification," Papers in Evolutionary Economic Geography (PEEG) 2208, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Apr 2022.

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    More about this item

    Keywords

    regional policy; smart specialisation; institutions; regional innovation systems; system failures;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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