Abstract
This article adopts an evolutionary framework to the study of industrial resilience. We present a study on European regions and assess the extent to which the capacity of their economies to develop new industrial specializations is affected by the global economic crisis of 2008. We compare levels of industry entry in European regions in the period 2004-2008 and 2008-2012, i.e. before and after a major economic disturbance. Resilient regions are defined as regions that show high entry levels or even increase their entry levels after the shock. Related and unrelated variety exhibit a positive effect on regional resilience, especially on the entry of knowledge-intensive industries after the shock.
| Original language | English |
|---|---|
| Article number | dtx023 |
| Pages (from-to) | 15-47 |
| Number of pages | 33 |
| Journal | Industrial and Corporate Change |
| Volume | 27 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 1 Feb 2018 |
Funding
The original data set was geocoded and cleaned by Nicola Cortinovis from Utrecht University. See Cortinovis and Van Oort (2015) for more details in terms of construction of the data set. The authors are grateful for the financial support from the Resilient Cities project supported by the JPI (Joint Programming Initiative) Urban Europe program.