Building on the experience of more than one hundred innovation strategies for smart specialisation, this book uncovers insights into their recent implementation by regional and national governments in the European Union. Although designed to boost the competitiveness of Europe and its regions, chapters analyse why the implementation of this policy model was much more complicated than expected. Offering an in-depth understanding of territories and their complexity, and highlighting why this is crucial to the topic, this timely book explores the importance of place-based innovation policy instead of a one-size-fits-all variety. It provides new reflections on the conceptual approaches for the identification of innovation priorities, the data required, the methods through which the data can be turned into useful information and the mapping of the information available. This book's insights into how the economic, scientific, innovative and societal potential of cities, regions and countries can be measured will be useful for policy-makers looking to learn from the smart specialisation of Europe. Public policy and economic innovation scholars will appreciate the strong case studies analysed in the book combined with in-depth analysis of different methodologies. Contributors include: R. Capello, A. Conte, N. Cortinovis, T. Dogaru, S. Franco, E. Fuster, C. Gianelle, H. Hollanders, A. Kleibrink, H. Kroll, C. Lenzi, G. Mandras, F.A. Massucci, M. Matusiak, A. Murciego, J. van Haaren, F. van Oort

The Regional Economics of Technological Transformations provides a comprehensive overview of 4.0 technological transformations in Europe and their socio-economic impact, with a particular emphasis on the regional dimension of the phenomena. The authors employ extensive original data and robust quantitative methods to analyse technological change in all regions of the 27 EU countries plus the UK and shed light on this trend for Europe and beyond. Structured in four parts, the book first looks at conceptual definitions, empirical measurements and expected impacts on both the economic performance (GDP and productivity growth) and the labour market, and then moves on to analyse where 4.0 technological transformation actually takes place in Europe and the reasons for this. Next, it offers original empirical evidence on the impacts of the different transformations, and of their intertwined effects, on both the economy and the society. Finally, the book explores the policy implications of this technological transformation. This book will be valuable reading for advanced students, researchers and policymakers working across regional economics, industrial economics and innovation policy. It will be of primary interest to regional scientists interested in the field, who may enjoy the conceptual and empirical solutions to the study of a very complex, timely and still largely unexplored theme. Sociologists, engineers and political economists can benefit from the book's analysis, noting the urgency of the development of new ethical rules governing the new digital and labour markets. Finally, the book may appeal to policymakers interested in opportunities to increase regional competitiveness and sustainability goals through the advent of 4.0 technologies.

With regions and nations having formally fulfilled the ex ante conditionality, this book provides a first overall review of RIS3 policy processes, aiming to assess the consistency of the concept of smart specialization from an applied, policy-oriented perspective. Moving from the theory of design to the practice of implementation, the reflections and case studies in this volume reveal strengths and weaknesses in the way concrete strategies have been conceived and implemented, enabling reflections on the future of the concept in a more general sense. In many cases, smart specialization strategies turn out to be new variants of regional development policies, embracing the importance of a place-based approach. However, the approach's potential to add distinctive value will stem from its capacity to turn innovation and knowledge into tools for local development by harnessing them for wider territorial development goals. By helping regions to identify and leverage untapped resources through new processes, smart specialization-based policies may help to reconcile cohesion and competitiveness objective. Consequently, new approaches appear most promising where institutional, administrative and political conditions allow the setup of genuinely new processes and where their focus is on territorial assets in a comprehensive manner rather than mere industrial renewal. This book was originally published as a special issue of European Planning Studies.

In recent years, economic crises, regional fragmentation trends, radical technological innovation and the failures of regional policies have expanded the knowledge horizon of experts in regional growth and development. This fully updated, revised and expanded Second Edition contains eight new chapters as well as exploring theories prevalent in the first edition in the face of recent changes in the field. With 30 chapters from leading experts from across the globe, this Handbook looks at new pathways in regional economics, presenting the most cutting-edge theories explaining regional growth and local development. It thoroughly examines recent advances in theories, the normative potentialities that they have and the cross-fertilization of ideas between regional and mainstream economists, providing crucial insights to the topic. This will be an essential source of reference and information for scholars and advanced students of regional science and regional economics. It will also be a useful tool for experts in international institutions researching regional growth.

Regions and cities are the natural loci where knowledge is created, and where it can be easily turned into a commercial product. Regions are territories where, under certain socio-economic conditions, a strong sense of belonging and mutual trust develops the ability to transform information and inventions into innovation and productivity increases, through cooperative or market interaction. Especially in contexts characterised by a plurality of agents - such as cities or industrial districts - knowledge is the result of cooperative learning processes, nourished by spatial proximity, network relations, interaction, creativity and recombination capability. This book explains the logic behind these interactions and cooperative attitudes in regions and cities. One of the most significant channels comes from the presence of a university and its collaboration with firms and scientific research centres. These mutual relations between academic institutions and enterprises are of key importance. The significance of universities in driving economic well being and regional development has been well documented for some time now. Much of the research, however, has centred upon countries in Western Europe and the United States. Increasingly, and since the expansion of the European Union in 2004 in particular, themes of academic entrepreneurship, university-business links, knowledge and innovation have become important on a Europe-wide scale. This book draws together key thinkers from across the continent to analyze the importance of higher educational institutions in fostering development.

Regions and cities are the natural loci where knowledge is created, and where it can be easily turned into a commercial product. Regions are territories where, under certain socio-economic conditions, a strong sense of belonging and mutual trust develops the ability to transform information and inventions into innovation and productivity increases, through cooperative or market interaction. Especially in contexts characterised by a plurality of agents - such as cities or industrial districts - knowledge is the result of cooperative learning processes, nourished by spatial proximity, network relations, interaction, creativity and recombination capability. This book explains the logic behind these interactions and cooperative attitudes in regions and cities. One of the most significant channels comes from the presence of a university and its collaboration with firms and scientific research centres. These mutual relations between academic institutions and enterprises are of key importance. The significance of universities in driving economic well being and regional development has been well documented for some time now. Much of the research, however, has centred upon countries in Western Europe and the United States. Increasingly, and since the expansion of the European Union in 2004 in particular, themes of academic entrepreneurship, university-business links, knowledge and innovation have become important on a Europe-wide scale. This book draws together key thinkers from across the continent to analyze the importance of higher educational institutions in fostering development.

With regions and nations having formally fulfilled the ex ante conditionality, this book provides a first overall review of RIS3 policy processes, aiming to assess the consistency of the concept of smart specialization from an applied, policy-oriented perspective. Moving from the theory of design to the practice of implementation, the reflections and case studies in this volume reveal strengths and weaknesses in the way concrete strategies have been conceived and implemented, enabling reflections on the future of the concept in a more general sense. In many cases, smart specialization strategies turn out to be new variants of regional development policies, embracing the importance of a place-based approach. However, the approach's potential to add distinctive value will stem from its capacity to turn innovation and knowledge into tools for local development by harnessing them for wider territorial development goals. By helping regions to identify and leverage untapped resources through new processes, smart specialization-based policies may help to reconcile cohesion and competitiveness objective. Consequently, new approaches appear most promising where institutional, administrative and political conditions allow the setup of genuinely new processes and where their focus is on territorial assets in a comprehensive manner rather than mere industrial renewal. This book was originally published as a special issue of European Planning Studies.

Second-rank cities are back on the academic scene, capturing the interest of scholars with their unexpected recent performance with respect to first-rank cities. Looking at the data on average urban GDP growth in 139 European cities since 1996, the relatively strong position of large cities (over 1.5 million inhabitants) on national growth coincides with the periods of fastest expansion, while at times of slowdown second-rank cities prevail. Especially in the recent period of economic downturn, second-rank cities have recorded annual GDP growth rates much less negative than those of capital cities; and in some European countries, like Austria and Germany, all cities have outperformed their capitals. In explaining this phenomenon, linking urban dynamics to agglomeration theories seems the most interesting approach. However, merely to link agglomeration economies to urban size in order to interpret urban performance is neither convincing nor sufficient, and it calls for additional investigation into how agglomeration economies work. This volume claims that interpretation of the current dynamics in European urban systems - especially in the western part of Europe - would benefit from exploitation of the traditional concept of agglomeration economies. However, necessary for this purpose are more in-depth considerations on the nature, scope, intensity, and causes of agglomeration economies which do not relate their existence solely to urban size. And this is where the main challenge for scholars lies, in the interpretation of the missing link between agglomeration economies and urban dynamics. This book was originally published as a special issue of European Planning Studies.

The second edition of Regional Economics provides a comprehensive and up-to-date treatment of regional economics. This fully revised edition includes key theoretical developments of the last ten years. Topics included span from the earliest location theories to the most recent regional growth theories. It is also is also enriched by the recent debate on smart specialization strategies recently developed by the EU for the design of new cohesion policies. Key elements covered in the new edition include: proximity and innovation theories the concept of territorial capital the debate on the role of agglomeration economies in urban growth This textbook is for undergraduate students in regional and urban economics as well as spatial planning courses.

This edited volume describes the spatial diffusion of knowledge and innovation using a large dataset at the regional level, and presents scientific evidence on the role of knowledge and innovation on regional development. The empirical results support a new design for innovation policies at the regional level, which could help the European Union to achieve the targets set up in its 2020 Agenda. Today, financial capital, general information, consolidated technologies and codified knowledge are readily available virtually everywhere. However, the ability to organize these 'pervasive' factors into continuously innovative production processes and products is by no means pervasive and generalized; rather, it exists selectively only in some places where tacit knowledge is continuously created, exchanged and utilized and business ideas find their way to real markets. Territorial Patterns of Innovation provides evidence that, contrary to popular belief, local knowledge intensity does not necessarily guarantee higher innovation performance. Moreover, the book shows that the growth benefits deriving from innovation do not necessarily match the strength of the formal local knowledge base, and that regions innovating in the absence of a strong local knowledge base can be as successful as more knowledge-intensive regions in turning innovation into a higher growth rate. Together, the contributions in this book offer a new understanding of the relationship between knowledge, innovation and regional performance by delving beyond generally held beliefs. It will be of value to regional scientists, industrial economists and policymakers.

In a period of increasing globalization and rapid growth in emerging countries, recognizing sources of regional competitiveness is of paramount importance. This timely and informative book identifies and analyzes changes in the origins of regional advantage. The expert contributors illustrate that sources of regional competitiveness are strongly linked with spatially observable yet increasingly flexible realities, and include building advanced and efficient transport, communications and energy networks, changing urban and rural landscapes, and creating strategic and forward-looking competitiveness policies. They investigate long-term interactions between regional competitiveness and urban mobility, as well as the connections that link global sustainability with local technological and institutional innovations, and the intrinsic diversity of spatially rooted innovation processes. A prospective analysis on networks and innovation infrastructure is presented, global environmental issues such as climate change and energy are explored, and new policy perspectives - relevant world-wide - are prescribed. Networks, Space and Competitiveness will prove an invaluable resource for academics, students and researchers across a range of fields including international and regional economics, regional science, economic geography and international business. Contributors: C.R. Azzoni, R.N. Baleiras, A. Bhattacharjee, R. Capello, J.I. Carruthers, E.A. Castro, T.P. Dentinho, P.C. Ferrao, A.M. Fuertes Eugenio, M. Grillitsch, E.A. Haddad, C. Hoglinger, J.L. Marques, C.S. Silva, K. Spiekermann, F. Todtling, J.M. Viegas, M. Wegener

This timely book investigates the challenges that emerge for local economies when faced with the new globalization trends that characterize today's world economy. In this instance, globalization is interpreted as a process of internationalization of production and markets which can take various forms - such as increasing international trade or increasing foreign direct investments - all of which give rise to the growing integration and interdependency of European economies with regard to the other main world economies. The expert contributors use a fresh perspective in their analysis of globalization trends, emphasizing recent changes and providing an up-to-date picture of current developments in both foreign investments and the consequent migration of human capital. Qualitative rather than quantitative trends in human capital and financial capital flows are taken into account, with a particular focus on their impacts on regional growth perspectives. Highlighting the European economy's strengths and weaknesses in facing the challenges of the new globalization trends, this book will provide a stimulating read for a wide-ranging audience encompassing scholars of regional science, regional economics, economic and regional geography, international economics and international business. Contributors: T. Baycan, C. Behrens, R. Camagni, R. Capello, F. Carballo-Cruz, L. Casi, J.C. das Neves, T.P. Dentinho, K.P. Donaghy, N.O. Martins, A. Mendes, B. Neuts, P. Nijkamp, J.P. Pontes, L. Resmini, M. Sahin, J.R. Silva, A. Todiras

The second edition of Regional Economics provides a comprehensive and up-to-date treatment of regional economics. This fully revised edition includes key theoretical developments of the last ten years. Topics included span from the earliest location theories to the most recent regional growth theories. It is also is also enriched by the recent debate on smart specialization strategies recently developed by the EU for the design of new cohesion policies. Key elements covered in the new edition include: proximity and innovation theories the concept of territorial capital the debate on the role of agglomeration economies in urban growth This textbook is for undergraduate students in regional and urban economics as well as spatial planning courses.

This up-to-date and insightful book presents post-crisis scenarios for European regions with new methodologies and tools to support quantitative assessment and foresight. The aim is to develop regional forecasting methodologies and tools, appropriate to the regional-local scale but consistent with a general EU-wide approach. This effort is particularly important in a period of economic crisis, as an economic downturn generates high uncertainty about the future of economic systems, and consequently will determine the new winners and losers in a globalized world. An interesting picture of diverse and alternative post-crisis territorial development paths is provided for a case study of the Latin Arc countries (Spain, France and Italy) and the Latin Arc Provinces Network, running along the Western Mediterranean coast. Policy suggestions for the case study area are then built on the scenario results. Spatial Scenarios in a Global Perspective will strongly appeal to regional economists, economic geographers and policy makers as well as students in regional economics, geography and international business. Contributors: A. Affuso, R. Boix, R. Camagni, R. Capello, U. Fratesi, V. Galletto, J. Robert, J. Trullen

Second-rank cities are back on the academic scene, capturing the interest of scholars with their unexpected recent performance with respect to first-rank cities. Looking at the data on average urban GDP growth in 139 European cities since 1996, the relatively strong position of large cities (over 1.5 million inhabitants) on national growth coincides with the periods of fastest expansion, while at times of slowdown second-rank cities prevail. Especially in the recent period of economic downturn, second-rank cities have recorded annual GDP growth rates much less negative than those of capital cities; and in some European countries, like Austria and Germany, all cities have outperformed their capitals. In explaining this phenomenon, linking urban dynamics to agglomeration theories seems the most interesting approach. However, merely to link agglomeration economies to urban size in order to interpret urban performance is neither convincing nor sufficient, and it calls for additional investigation into how agglomeration economies work. This volume claims that interpretation of the current dynamics in European urban systems - especially in the western part of Europe - would benefit from exploitation of the traditional concept of agglomeration economies. However, necessary for this purpose are more in-depth considerations on the nature, scope, intensity, and causes of agglomeration economies which do not relate their existence solely to urban size. And this is where the main challenge for scholars lies, in the interpretation of the missing link between agglomeration economies and urban dynamics. This book was originally published as a special issue of European Planning Studies.

This edited volume describes the spatial diffusion of knowledge and innovation using a large dataset at the regional level, and presents scientific evidence on the role of knowledge and innovation on regional development. The empirical results support a new design for innovation policies at the regional level, which could help the European Union to achieve the targets set up in its 2020 Agenda. Today, financial capital, general information, consolidated technologies and codified knowledge are readily available virtually everywhere. However, the ability to organize these 'pervasive' factors into continuously innovative production processes and products is by no means pervasive and generalized; rather, it exists selectively only in some places where tacit knowledge is continuously created, exchanged and utilized and business ideas find their way to real markets. Territorial Patterns of Innovation provides evidence that, contrary to popular belief, local knowledge intensity does not necessarily guarantee higher innovation performance. Moreover, the book shows that the growth benefits deriving from innovation do not necessarily match the strength of the formal local knowledge base, and that regions innovating in the absence of a strong local knowledge base can be as successful as more knowledge-intensive regions in turning innovation into a higher growth rate. Together, the contributions in this book offer a new understanding of the relationship between knowledge, innovation and regional performance by delving beyond generally held beliefs. It will be of value to regional scientists, industrial economists and policymakers.

Regional economics - an established discipline for several decades - has gone through a rapid pace of change in the past decade and several new perspectives have emerged. At the same time the methodology has shown surprising development. This volume brings together contributions looking at new pathways in regional economics, written by many well-known international scholars. The most advanced theories, measurement methods and policy issues in regional growth are given in-depth treatment. The focus here is to collect cutting-edge theories explaining regional growth and local development. The authors highlight the recent advances in theories, the normative potentialities of these theories and the cross-fertilization of ideas among regional economists and mainstream economists. Theories of regional growth and development need to be able to interpret, more than ever, the way in which regions achieve a role in the international division of labour and, more importantly, the way in which regions can maintain this role over time. Topics covered include: regional growth and development policies and measurement methods; development theories of innovation, knowledge and space, and regional production factors; and growth theories and space. This book will be a source of reference and information for both scholars and students in the area of regional economics.

The book spans a scientific research program elegantly developed by Roberto Camagni, an eminent regional scientist, who has offered ground-breaking ideas in regional and urban economics throughout his academic career. In addition to bringing together a selection of Professor Camagni's most influential works, the book presents syntheses and interpretations of his ideas by respected colleagues and by his students. In regional economics, space as territory, which plays an active role in innovation processes and in regional growth patterns; territorial capital as a synthetic concept of differentiated regional growth assets; and sources of regional competitiveness are only a few of the main ideas that emerged in regional economics thanks to this inspiring mind. In urban economics, he paved the way towards a new theoretical interpretation of the existence of the city and of its dynamics. His theory of city networks overcame the limits of Christaller's and Loesch's spatial approach to the city, with a solid economic conceptualization of spatial city network structures. All theories are accompanied by sound policy analysis, helping to contribute to the design and implementation of appropriate spatial policies at the European level.

After a description of the new forms of globalization currently shaping our world, and of their possible spatial effects, the book highlights which European regions have in the past succeeded in taking advantage of globalization trends and identifies the major reasons for their success. The book also offers a prospective analysis utilizing scenarios based on different assumptions of how globalization trends will develop, identifying the regional winners and losers for each scenario. The analysis greatly benefits from a unique database which contains, among others, data on FDI by sector and professions at the regional Nuts-2 level for all 27 EU countries. A time-span of more than 10 years is covered, and scenarios are developed for the future development up to 2020.

After a description of the new forms of globalization currently shaping our world, and of their possible spatial effects, the book highlights which European regions have in the past succeeded in taking advantage of globalization trends and identifies the major reasons for their success. The book also offers a prospective analysis utilizing scenarios based on different assumptions of how globalization trends will develop, identifying the regional winners and losers for each scenario. The analysis greatly benefits from a unique database which contains, among others, data on FDI by sector and professions at the regional Nuts-2 level for all 27 EU countries. A time-span of more than 10 years is covered, and scenarios are developed for the future development up to 2020.

The aim of this book is to highlight the great potential of decentralized (i.e. local or urban) energy policies in achieving environmentally-benign developments for modern cities. Urban sustainability is placed in the context of the debate on global sustainable development. A wide array of policy initiatives is discussed and evaluated, ranging from market-based energy policies to technological innovation policies for the energy sector. A theoretical framework for technology adoption processes is developed and empirically tested. The main question addressed is: which are the critical success factors for successful urban energy policies? This question is also dealt with in a meta-analytic context by assessing and comparing the performance of energy policies in various European cities, with a particular view to renewable energy.

The aim of this book is to tackle the question of what the European territory will look like over the next fifteen years by providing quali-quantitative territorial scenarios for the enlarged Europe, under different assumptions on future globalisation strategies of BRIC (Brazil, Russia, India and China) and East and West European countries. The approach is as neutral as possible vis-a-vis the results, leaving to a new forecasting model, the MASST model, built by the authors, to produce the tendencies and behavioural paths of regional GDP and population growth in each individual European region under alternative assumptions on the competitiveness strategies of different blocks of countries. The results are accompanied by strong policy messages intended to encourage long-term strategic thinking among a wide range of actors, scientists and policy makers in response to the risks and opportunities that the European territory will face."

The aim of this book is to tackle the question of what the European territory will look like over the next fifteen years by providing quali-quantitative territorial scenarios for the enlarged Europe, under different assumptions on future globalisation strategies of BRIC (Brazil, Russia, India and China) and East and West European countries. The approach is as neutral as possible vis-a-vis the results, leaving to a new forecasting model, the MASST model, built by the authors, to produce the tendencies and behavioural paths of regional GDP and population growth in each individual European region under alternative assumptions on the competitiveness strategies of different blocks of countries. The results are accompanied by strong policy messages intended to encourage long-term strategic thinking among a wide range of actors, scientists and policy makers in response to the risks and opportunities that the European territory will face."

The aim of this book is to highlight the great potential of decentralized (i.e. local or urban) energy policies in achieving environmentally-benign developments for modern cities. Urban sustainability is placed in the context of the debate on global sustainable development. A wide array of policy initiatives is discussed and evaluated, ranging from market-based energy policies to technological innovation policies for the energy sector. A theoretical framework for technology adoption processes is developed and empirically tested. The main question addressed is: which are the critical success factors for successful urban energy policies? This question is also dealt with in a meta-analytic context by assessing and comparing the performance of energy policies in various European cities, with a particular view to renewable energy.