A place-based developmental regional industrial strategy for sustainable capture of co-created value

Bailey, David; Pitelis, Christos N.; Tomlinson, Philip R.

doi:10.1093/cje/bey019

Cited by 95 publications

(83 citation statements)

References 77 publications

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“…Innovation policies should be in the center of a seemingly new generation of industrial policies in a new context of world competition, where countries are incorporating general discontent for globalization consequences on inequalities. For Europe, a wider place-based strategy for reducing inequality and territorial disparities should be generally implemented [66], following the model of Germany and United Kingdom in Europe, but also Japan and USA, who have been pursuing competitive industrial policies for decades [67].…”

Section: Discussionmentioning

confidence: 99%

An AHPSort II Based Analysis of the Inequality Reduction within European Union

et al. 2020

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Nowadays, sustainability is an omnipresent concept in our society, which encompasses several challenges related to poverty, inequality, climate change and so on. The United Nations adopted the Agenda 2030, a plan of action formed of universal Sustainable Developments Goals (SDGs) and targets, which countries have to face in order to shift the world toward a sustainable future. One of the most relevant SDGs since the onset of the financial crisis in 2007 has been the so-called reduced inequalities, which consists of dealing with the inequality of opportunities and wealth between and within countries. However, reducing inequalities depends on many heterogeneous aspects, making it difficult to make a proper analysis that evaluates the European Union (EU) countries performance of this goal. In this study, we introduce a novel approach to evaluate the inequalities in EU countries based on a sorting a multi-criteria decision-making method called AHPSort II. This approach allows to obtain a classification of the EU countries according to their achievements in reducing inequalities to subsequently carry out a deep performance analysis with the aim of drawing conclusions as to the evolution of inequality in them along the years. The results are consistent with the main international organizations’ reports and academic literature, as shown in the Discussion Section.

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Section: Discussionmentioning

confidence: 99%

An AHPSort II Based Analysis of the Inequality Reduction within European Union

et al. 2020

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“…The idea that regional innovation policies should enable regional actors to capture or anchor part of the global value and knowledge they help create for the benefit of the region is not new (Bailey, Pitelis, & Tomlinson, 2018;Crevoisier & Jeannerat, 2009). However, the concept of value is not clearly defined or at best informed by the literature on business strategy, thus begging several unanswered questions, such as what does regional value actually mean?…”

Section: Regional Innovation Policies For Transformative Changementioning

confidence: 99%

Exploring the normative turn in regional innovation policy: responsibility and the quest for public value

Uyarra

Ribeiro

Dale-Clough

2019

European Planning Studies

106

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The perceived ineffectiveness of traditional innovation policies in solving societal challenges such as poverty, ageing, climate change as well as problems of regional economic restructuring has motivated a recent 'normative turn' in innovation policy. This has shifted the debate on the rationales for intervention from market and system failures to accommodate more transformative views but also other approaches rooted in the notion of public value and has led innovation scholars to question not just the how and how much of innovation but also key issues of directionality, legitimacy and responsibility. By engaging the processes through which actors 'know, investigate and perform innovation', we argue that the concept of responsible research and innovation (RRI) offers a potentially useful lens for re-casting our understanding of innovationrelated decision making. We apply RRI to assessing the opportunities and challenges of public procurement as an instrument of challengeoriented and transformative innovation policy. More specifically, we look at how local authorities in the UK are using the Social Value Act to define priorities and articulate demand around social, environmental and community needs as well as coordinate different processes and actors, policy levers and processes. ARTICLE HISTORY

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“…SEE countries already improved the use of limited R&D sources, improved R&D policy framework and recognize R&D international cooperation as a priority. However, the challenges are still opened [15]. Firstly, RDI expenditures are very low, less than 0.5% of GDP in comparison to 2% of GDP in EU.…”

Section: -The Reexamination Of Government Measures and Strategic Docmentioning

confidence: 99%

“…Obviously, the analysis of the interrelation between industrial policy and regional policy has to emphasize the need to promote competitiveness of all regions. Serbia puts sector policies high of agenda of its industrial policies [15]. The Industrial Policy of Serbia in the period 2011 -2020 was adopted as the strategic document, with two pillars: a) sector specific approach: strengthening of some specific sectors, like food production, automotive and metal industry; and b) increased attention to regional industrial development, with the establishment of regional industrial centers and infrastructures.…”

Section: -The Reexamination Of Government Measures and Strategic Docmentioning

confidence: 99%

Rethinking Strategy for SMEE Support in the Light of the Entrepreneurial Ecosystem

Hadžić

Pavlović

2019

Emerg Sci J

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Serbia has started transition in 2000. Although it experienced fast growth prior to the global economic crisis, critical number of SMEs was not created to achieve a sustainable development of entrepreneurial sector. During the crisis period SMEs faced with development limits, especially shops and micro companies. In the period 2009-2014 Serbian economy had zero rate of growth, the business climate was generally somewhat deteriorated and support to SMEE weakened by Government, local level of governance and financial institutions. There are positive signs of economic recovery of Serbia during 2015 and 2016. The market reforms got momentum in some important areas. The Government successfully put under control huge budget deficit and public debt. The inflation rate became for the first time low, similar to the European level. The Strategy for support SME, entrepreneurship and competitiveness in the period 2015-2020 was enacted at the end of 2014. Its importance became critical considering weaknesses of entrepreneurial sector, bottlenecks and limits of existing governmental measures for SMEE support. The point is to highlight those from the point of view of development the entrepreneurial ecosystem, as a new conceptual framework designed to foster economic development via entrepreneurship, innovation and small business growth.

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A place-based developmental regional industrial strategy for sustainable capture of co-created value

Cited by 95 publications

References 77 publications

An AHPSort II Based Analysis of the Inequality Reduction within European Union

An AHPSort II Based Analysis of the Inequality Reduction within European Union

Exploring the normative turn in regional innovation policy: responsibility and the quest for public value

Rethinking Strategy for SMEE Support in the Light of the Entrepreneurial Ecosystem

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