Abstract
There is a growing recognition of the importance of the creation of new industrial specialisations for sustained regional growth. However, path dependency often limits a region’s ability to do so, as the occurrence of new industrial specialisations is conditioned by its existing industrial base. In this paper, we use data for 269 NUTS-2 EU regions to examine whether regional Knowledge-Intensive Business Services (KIBS) and Research and Development (R&D) enhance the capacity of regions to specialise in new industries, against the forces of path dependence. Our findings show that both KIBS and R&D exercise direct positive effects on the creation of new industry specialisations and that professional-KIBS and public R&D impact negatively on the relatedness of new specialisations, while private R&D does so positively.
| Original language | English |
|---|---|
| Pages (from-to) | 29-64 |
| Number of pages | 36 |
| Journal | Annals of Regional Science |
| Volume | 68 |
| Issue number | 1 |
| Early online date | 27 Jun 2021 |
| DOIs | |
| Publication status | Published - Feb 2022 |
Bibliographical note
Funding Information:This work has been supported by the Directorate-General for Research and Innovation, the European Commission, under the H2020 FIRES-project ( http://www.projectfires.eu/ ). We thank the participants of the RSA conference in Dublin (2017), the ERSA conference in Groningen (2017), and the workshop on radical innovation in Bremen (2018) for their helpful comments. We would also like to thank the editor and the referees for their helpful comments during the reviewing process.
Publisher Copyright:
© 2021, The Author(s).
Funding
This work has been supported by the Directorate-General for Research and Innovation, the European Commission, under the H2020 FIRES-project ( http://www.projectfires.eu/ ). We thank the participants of the RSA conference in Dublin (2017), the ERSA conference in Groningen (2017), and the workshop on radical innovation in Bremen (2018) for their helpful comments. We would also like to thank the editor and the referees for their helpful comments during the reviewing process.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
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