Institutions, smart specialisation dynamics and policy

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39 Citations (SciVal)

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-researched system failures of regional innovation systems.
Original languageEnglish
Pages (from-to)22-37
JournalEnvironment and Planning C: Government and Policy
Volume34
Issue number1
DOIs
Publication statusPublished - 2016

Subject classification (UKÄ)

  • Economic Geography

Keywords

  • Regional policy
  • institutions
  • smart specialisation
  • regional innovation
  • systems
  • system failures

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