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Smart innovation policies

Author

Listed:
  • Roberto Camagni
  • Roberta Capello

Abstract

This paper presents conceptual and empirical reasons for moving from a thematically-regionally neutral innovation policy to a thematically and regionally focused innovation policy, in line with the smart specialization approach of the new cohesion policy framework. The paper starts by claiming that the pathways towards innovation and modernization are differentiated among regions according to local specificities. In fact, territorial innovation patterns exist, that differ one another in terms of the different modes of combining knowledge and innovation, due to different territorial (context) conditions that support the creation / diffusion of knowledge and innovation. A single overall strategy is likely to be unfit to provide the right stimuli and incentives instead on these different territorial innovation patterns that thematically/regionally focused, ad-hoc, innovation policies have to be built. Two main kinds of policies can be foreseen; policies for the reinforcement of territorial innovation patterns, devoted to the enhancement of the virtuous aspects that characterise a pattern, with the aim to reinforce its efficiency, and evolutionary policies, devoted instead to stimulate the most dynamic regions belonging to a pattern to move to a new and more efficient one. The paper goes in depth in suggesting which policies should be developed.

Suggested Citation

  • Roberto Camagni & Roberta Capello, 2012. "Smart innovation policies," ERSA conference papers ersa12p188, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa12p188
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa12/e120821aFinal00190.pdf
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    References listed on IDEAS

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    1. Bjørn Asheim & Ron Boschma & Philip Cooke, 2011. "Constructing Regional Advantage: Platform Policies Based on Related Variety and Differentiated Knowledge Bases," Regional Studies, Taylor & Francis Journals, vol. 45(7), pages 893-904.
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    Cited by:

    1. Cristina Ponsiglione & Ivana Quinto & Giuseppe Zollo, 2018. "Regional Innovation Systems as Complex Adaptive Systems: The Case of Lagging European Regions," Sustainability, MDPI, vol. 10(8), pages 1-19, August.
    2. Martin , Roman & Trippl , Michaela, 2013. "System Failures, Knowledge Bases and Regional Innovation Policies," Papers in Innovation Studies 2013/13, Lund University, CIRCLE - Centre for Innovation Research.
    3. Roberta Capello & Camilla Lenzi, 2013. "Territorial patterns of innovation: a taxonomy of innovative regions in Europe," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(1), pages 119-154, August.
    4. Cristina ?ERBANICA & Sebastian ENE & Cristina GANESCU & Iuliana TALMACIU, 2018. "Regional Innovation Typologies In Central And Eastern Europe: The Path To Regional Transformation," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 3(4), pages 60-72.
    5. Frank Peck & Stephen Connolly & Jonathan Durnin & Keith Jackson, 2013. "Prospects for ‘place-based’ industrial policy in England," Local Economy, London South Bank University, vol. 28(7-8), pages 828-841, November.
    6. zizi GOSCHIN, 2020. "Economic Specialization of Romanian Regions and Counties. Insights Drawn from Static and Dynamic Location Quotients," Romanian Journal of Economics, Institute of National Economy, vol. 50(1(59)), pages 84-112, June.

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