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Modern regional innovation policy

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  • Philip McCann
  • Raquel Ortega-Argilés

Abstract

This paper analyses the evolution of regional innovation policy into the mainstream of public policy. The paper examines the empirical and theoretical developments which have shifted much of the focus on innovation-related issues to matters of economic geography. As well as academic material we also review the literature on the subject produced by the international development institutions. In terms of policy, special attention is devoted to the role of local market failures and local institutions in explaining the importance and need for regional innovation policies, and the advent of the smart specialisation agenda is discussed. Finally, the paper discusses the current regional innovation policy tools and interventions observed around the world, which are seen by international institutions as examples of best practice. Copyright 2013, Oxford University Press.

Suggested Citation

  • Philip McCann & Raquel Ortega-Argilés, 2013. "Modern regional innovation policy," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 6(2), pages 187-216.
  • Handle: RePEc:oup:cjrecs:v:6:y:2013:i:2:p:187-216
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    File URL: http://hdl.handle.net/10.1093/cjres/rst007
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    Cited by:

    1. Philip McCann & Raquel Ortega-Argilés, 2016. "Smart specialisation, entrepreneurship and SMEs: issues and challenges for a results-oriented EU regional policy," Small Business Economics, Springer, vol. 46(4), pages 537-552, April.
    2. Prause Gunnar, 2014. "Smart Specialization and EU Eastern Innovation Cooperation: A Conceptual Approach," Baltic Journal of European Studies, De Gruyter Open, vol. 4(1), pages 1-17, June.
    3. Raphaël Suire & Jérôme Vicente, 2014. "Récents enseignements de la théorie des réseaux en faveur de la politique et du management des clusters," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201409, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
    4. Artur da Rosa Pires & Martina Pertoldi & John Edwards & Fatime Barbara Hegyi, 2014. "Smart Specialisation and Innovation in Rural Areas," JRC Working Papers JRC90000, Joint Research Centre (Seville site).
    5. repec:spr:epolin:v:44:y:2017:i:4:d:10.1007_s40812-017-0082-9 is not listed on IDEAS
    6. Arne Isaksen & Franz Tödtling & Michaela Trippl, 2016. "Innovation policies for regional structural change: Combining actor-based and system-based strategies," SRE-Disc sre-disc-2016_05, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    7. Jukka TERÄS & Alexandre DUBOIS & JENS SÖRVIK & MARTINA PERTOLDI, 2015. "Implementing Smart Specialisation in Sparsely Populated Areas," JRC Working Papers JRC98691, Joint Research Centre (Seville site).
    8. repec:wsi:ijitmx:v:14:y:2017:i:05:n:s0219877017500249 is not listed on IDEAS
    9. Argentino Pessoa, 2014. "Smart Specialisation in the EU: Is it a Bridge between Innovation and Cohesion?," ERSA conference papers ersa14p989, European Regional Science Association.
    10. Joan Crespo & Frédéric Amblard & Jérôme Vicente, 2015. "Simulating micro behaviours and structural properties of knowledge networks: toward a “one size fits one” cluster policy," Papers in Evolutionary Economic Geography (PEEG) 1503, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Feb 2015.
    11. Kroll, Henning, 2016. "Understanding the "regional policy mix": A classification and analysis of European regions' support policies," Working Papers "Firms and Region" R1/2016, Fraunhofer Institute for Systems and Innovation Research (ISI).
    12. Tom Broekel & Lars Mewes, 2017. "Analyzing the impact of R&D policy on regional diversification," Papers in Evolutionary Economic Geography (PEEG) 1726, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2017.
    13. Jakob Edler & Jan Fagerberg, 2016. "Innovation Policy: What, Why & How," Working Papers on Innovation Studies 20161111, Centre for Technology, Innovation and Culture, University of Oslo.
    14. Heinrich, Torsten, 2014. "Resource Depletion, Growth, Collapse, and the Measurement of Capital," MPRA Paper 54044, University Library of Munich, Germany.
    15. Philip McCann & Ortega Ortega-Argilés, 2014. "The Role of the Smart Specialisation Agenda in a Reformed EU Cohesion Policy," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(1), pages 15-32.
    16. Trippl, Michaela & Asheim, Björn & Miorner, Johan, 2015. "Identification of regions with less developed research and innovation systems," Papers in Innovation Studies 2015/1, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
    17. Moodysson , Jerker & Trippl, Michaela & Zukauskaite, Elena, 2015. "Policy Learning and Smart Specialization Balancing Policy Change and Policy Stability for New Regional Industrial Path Development," Papers in Innovation Studies 2015/39, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
    18. Iréne Bernhard, 2016. "Innovation focusing on regional development in a European context - towards a new research agenda," International Journal of Innovation and Regional Development, Inderscience Enterprises Ltd, vol. 7(1), pages 1-19.

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