Evolutionary Geography of Science and innovation
5 important questions on Evolutionary Geography of Science and innovation
Index of economic complexity
How do regions diversity and develop new growth paths?
· regional branching: new industries branch out of technologically related local industries from which existing capabilities are exploited and recombined in new activities
· a new industry is more likely to enter a region when it is technologically related to other industries in the region
· existing industries tend to disappear from a region when these are not technologically related to other industries in the region
Path and place dependence in regional science:
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Smart specialisation (innovation policy):
· Its goal is to boost regional innovation in order to achieve economic growth and prosperity, by enabling regions and cities to focus on their strengths.
· Smart specialisation understands that spreading investment too thinly across several frontier technology fields risks limiting the impact in any one area.
· Framework through which EU supports regions to help them modernize.
o Advantage: takes context and subsidiarity seriously
o Problem: lobby may define the new specialization (region decide which industries)
Issue of smart specialization
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
