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Policy Learning and Smart Specialization Balancing Policy Change and Policy Stability for New Regional Industrial Path Development

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Listed:
  • Moodysson , Jerker

    () (CIRCLE, Lund University)

  • Trippl, Michaela

    () (CIRCLE, Lund University)

  • Zukauskaite, Elena

    () (CIRCLE, Lund University)

Abstract

This paper seeks to explain what policy approaches and policy measures are best suited for promoting economic diversification of regions and what needs and possibilities there are for such policy to change and adapt to new conditions in order to remain efficient. The paper departs from the notion of Smart Specialization, which has become a popular strategy among policy makers recently. We discuss how regional smart specialization strategies influence new regional industrial growth paths (path renewal and path creation) and how they are related to and aligned with policy strategies implemented at other territorial scales (local, regional, national, supranational). We distinguish between different levels of policy learning and types of change in relation to path renewal and new path creation. Our main argument is that new regional industrial growth paths require both stability and change within the support structure of the innovation system. Apart from being adaptive and tailor made to the specific preconditions of the regional economy, the regional system must also be resilient and predictable on certain dimensions. Unless smart specialization strategies are able to combine such adaptation and stability, they fail to promote path renewal and new path creation. Our arguments are illustrated with empirical findings from the regional innovation system of Scania, South Sweden.

Suggested Citation

  • 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.
  • Handle: RePEc:hhs:lucirc:2015_039
    as

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    References listed on IDEAS

    as
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    Cited by:

    1. Martin, Hanna & Martin, Roman, 2016. "Policy capacities for new regional industrial path development – The case of new media and biogas in southern Sweden," Papers in Innovation Studies 2016/25, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
    2. 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.

    More about this item

    Keywords

    smart specialization; innovation policy; policy learning; new regional industrial path development;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • 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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