The role of path-dependence in the resilience of EU regions

Tsiapa, Maria; Kallioras, Dimitris; Tzeremes, Nickolaos

doi:10.1080/09654313.2018.1458284

Cited by 19 publications

(13 citation statements)

References 65 publications

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“…Besides infrastructure, public investment in education and R&D can also be used as a fiscal policy tool for improving regional resilience. Increased public spending on skill development improves the quality of existing human capital endowments resulting in the technological advancement of production and the creation of products and services of increased quality (Petrakos & Psycharis 2016;Tsiapa et al 2018;Panori & Psycharis 2019). It also creates an attractive environment for highly skilled persons to stay or migrate to the region (Giannakis & Bruggeman 2017;Kitsos & Bishop 2018).…”

Section: Fiscal Policy and Regional Resiliencementioning

confidence: 99%

Public Investment and Regional Resilience: Empirical Evidence from the Greek Regions

Psycharis

Panori

Athanasopoulos

2021

Tijd voor Econ & Soc Geog

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This paper examines empirically the contribution of public investment expenditures to regional resilience. Analysis is based on a novel dataset including public investment expenditures data decomposed by sub-categories and disaggregated at NUTS III Greek regions over the period 2000-2017. Results indicate that public investment expenditures had a positive influence on regional resilience during the period of the economic crisis. Decomposing public investment expenditures by type the analysis provides evidence that the decentralized public investment expenditures that were executed through the tiers of local government and those that were related with the secondary and tourism sectors asserted a positive and significant impact on regional resilience. These results are signifying the importance of public policy in regional resilience and could be utilized for the formulation of regional policy during recessions.

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Section: Fiscal Policy and Regional Resiliencementioning

confidence: 99%

Public Investment and Regional Resilience: Empirical Evidence from the Greek Regions

Psycharis

Panori

Athanasopoulos

2021

Tijd voor Econ & Soc Geog

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“…Schreyogg and Sydow proposed the implementation of RIP along with the driving mechanism formed by existing technological lock-ins [17]. Tsiapa et al explained the positive effect of policy and economic factors on RIP during economic recovery by analyzing enterprise technological lock-in during the economic crisis of European Union (EU) [12]. The above research on the market timing of RIP and its influencing factors under the timing context has focused mainly on the institutional and economic factors and the timing of market technological lock-in (i.e., policy system, organizational management, external investment, etc.).…”

Section: State Of the Artmentioning

confidence: 99%

“…In addition, by being limited to certain static methods (e.g., case analysis, Bayesian decision-making method, Malmquist productivity index, data envelope analysis (DEA), etc. [12][13][14][15]), the research on the impact mechanism of the factors affecting RIP has ignored the non-linearity and high uncertainty of RIP [16]. The existing research on RIP has also mainly analyzed the factors affecting the institutional economy, whereas the technological factors and the impact mechanism, influencing factors, and dynamic evolution of RIP have been largely ignored.…”

Section: Introductionmentioning

confidence: 99%

Game Simulation Analysis of Radical Innovation Processes of High-tech Enterprises based on WoO-EGT Model

Zhang

2019

Teh. vjesn.

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An analysis of the evolution law of radical innovation process (RIP) and an identification of the RIP's influencing factors, particularly to solve the low success rates of the radical innovation of high-tech enterprises, is the focus of this study. The dynamic evolution of RIP can be explained from the perspective of market timing of innovation processes. Moreover, the key influencing factors and the impact mechanism of the process of evolution need to be identified. The window of opportunity-evolutionary game theory (WoO-EGT) model of RIP, which was built by combining WoO and EGT, was used to analyze the dynamic evolutions of the RIPs of existing and new high-tech enterprises. The three categories of RIP evolution when WoO was opened-only locking technology, only breakthrough technology, and coexistence of locking and breakthrough technologies-were determined and verified. Then, the impact mechanisms of the returns and initial proportion of breakthrough technologies on RIP evolution were dynamically and numerically simulated by Matlab. Results show that WoO is the best time for enterprises to implement RIP, and the three game results of RIP evolution of high-tech enterprises under WoO are only locking technology, only breakthrough technology, and both locking and breakthrough technologies, which occupy certain proportions in the market. Moreover, the returns of breakthrough technology play a decisive role in the evolution results of RIP, and the initial proportion of breakthrough technology affects the evolution speed of RIP. According to the research, the WoO-EGT model built in this study is feasible in dynamically analyzing the RIPs. The WoO-EGT model can help overcome the deficiencies of the static model of RIP and provide new decision-making ideas and methods for analyzing the RIPs of high-tech enterprises, thus contributing to the improvement of the success rates of radical innovation.

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“…Regarding the measurement attempts, we first recall Martin et al (2016) who, based on Martin (2012), operationalize employment recoverability and resistance. While the latter indicator is often employed in literature (see, e.g., Giannakis and Bruggeman 2019; Ezcurra and Rios 2019); however, another widely used indicator of employment resilience is simply the postcrisis employment growth rate (see, among others, Fingleton, Garretsen, and Martin 2012; Tsiapa, Kallioras, and Tzeremes 2018). Bristow and Healy (2018), on the other hand, adopt an evolutionary approach to annual employment data for the period 2001–2011 to verify the relationship between the technological innovation and the reorientation and renewal dimensions of resilience among the EU regions by treating each region as a separate time series to date the individual regional business cycles.…”

Section: Introductionmentioning

confidence: 99%

“…Migration is a positive driver of regional resilience in urban areas, while agriculture contributes positively in intermediate regions. Tsiapa, Kallioras, and Tzeremes (2018) demonstrate that sectoral productivity improvements are key drivers of employment growth, while Ezcurra and Rios (2019) demonstrate that regional institutional quality is a fundamental factor for resilience. Fratesi and Rodríguez-Pose (2016), investigating regional employment trends since the outbreak of the crisis, find that, with some exception, regions that had developed more sheltered economies during the boom years have not weathered the employment shock associated with the crisis well and vice versa.…”

Section: Introductionmentioning

confidence: 99%

Challenges and Opportunities to Regional Renewal in the European Union

Pontarollo

Serpieri

2020

International Regional Science Review

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The strength of the 2008 financial and economic crisis and the resulting degree of resilience were heterogeneous among and within the European Union countries. Challenges and opportunities driven by regional-specific differences determined the ability to overshoot the precrisis levels of growth. Focusing upon Nomenclature of Territorial Units for Statistics 2 (NUTS 2) European regions, we explore a novel conceptual framework related to regional economic resilience, namely the renewal capacity. Precisely, we concentrate on the capacity of regional economies to “renew” their growth paths in the labor market in the aftermath of the recent global crisis. We find some well-identified spatial patterns of regional employment renewal and we identify a set of territorial assets that allow regions to bounce back faster and more comprehensively than others to the economic downturn. Furthermore, there are significant differences between the drivers of the regional renewal of Old and New Member States. Our findings suggest potential policy directions at all levels for enhancing regional resilience.

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The role of path-dependence in the resilience of EU regions

Cited by 19 publications

References 65 publications

Public Investment and Regional Resilience: Empirical Evidence from the Greek Regions

Public Investment and Regional Resilience: Empirical Evidence from the Greek Regions

Game Simulation Analysis of Radical Innovation Processes of High-tech Enterprises based on WoO-EGT Model

Challenges and Opportunities to Regional Renewal in the European Union

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