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Markus Grillitsch

Senior Lecturer

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Place-based innovation policy for industrial diversification in regions

Author

  • Markus Grillitsch
  • Bjørn Asheim

Summary, in English

New industrial innovation policies like smart specialization aim at boosting economic growth by diversification towards more complex and higher value economic activities. This paper proposes a conceptual and analytical framework to support the design and implementation of such policies considering place-specific preconditions, particularly the differentiation of the regional system of innovation and entrepreneurship and the degree of current industrial diversification. The paper expands on the links between these preconditions and the barriers and opportunities for industrial diversification. Consequently, it proposes an archetypical place-based policy framework covering overall policy objectives as well as measures at the level of actors, networks, and the institutional and organizational support structures.

Department/s

  • Department of Human Geography
  • CIRCLE

Publishing year

2018-08-03

Language

English

Pages

1638-1662

Publication/Series

European Planning Studies

Volume

26

Issue

8

Document type

Journal article

Publisher

Taylor & Francis

Topic

  • Economic Geography

Keywords

  • economic diversification
  • new industrial path development
  • regional growth
  • regional innovation system
  • regional policy
  • Smart specialization

Status

Published

Project

  • Regional Growth against all odds

ISBN/ISSN/Other

  • ISSN: 0965-4313