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Who drives regional economic development in entrepreneurial ecosystems of different types? Using longitudinal data on 267 NUTS-3 European regions during the period 2008–16, we apply the entrepreneurial ecosystem theoretical framework to study how entrepreneurial ecosystem type moderates the relationship between a variety of entrepreneurship and regional economic development. It is found that regional economic development proxied by gross value added per resident responds differently to solo self-employment, job creators and new-firm birth rates as well as changes in a share of productive high-growth entrepreneurship across different entrepreneurial ecosystems. The findings have implications for regional and national policy-makers and scholars who study the geography of entrepreneurship. [ABSTRACT FROM AUTHOR]

Copyright of Regional Studies is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper explores the specialisation of European Union (EU) regions in key enabling technologies (KETs) and assesses whether or not being specialised in these technological areas has an effect on regional growth. The evidence presented shows that regions specialised in KETs are concentrated in central Europe; however, over the period taken into account (1996–2011), less innovative and peripheral EU regions have been increasing their specialisation in these technological areas at the expense of the most advanced regions. There is also evidence that (spatial) diffusion of KETs often occurs across regions contiguous to each other. The results of the econometric estimations show that being specialised in KETs affects regional economic growth (per capita gross domestic product) and that this effect is stronger in the case of less innovative EU regions. Overall, these results hint at the pervasive nature and enabling role of KETs and demonstrate the importance for EU regions to target these technologies as part of their smart specialisation strategies. [ABSTRACT FROM AUTHOR]

Copyright of Spatial Economic Analysis is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The article contributes to the ‘new’ European regionalism by discussing the role that regional identity can play in regional development. It is based on the concept of ‘regional identity’ as the keystone of the institutionalization of the region and as consisting of two intertwined and complementary components: the regional consciousness of the inhabitants and the identity of a region. Through the heuristic study of relevant scholarly articles, the authors critically discuss six case studies from European countries dealing with the relationship between regional identity and regional development and published in the first decade of the new millennium. To date, research has examined the role of regional identity as both a successful and unsuccessful driver in regional development. From the case studies, a third possible role of regional identity is identified: regional identity as a barrier to regional development. Further, the article discusses the relationship between these three roles and attempts to identify factors causing the differentiation of the effects of regional identity in the context of regional development. [ABSTRACT FROM AUTHOR]

The main objective of this work was to test European regional determinants of sports competitiveness. We studied competitiveness in volleyball, basketball and handball. We developed a theoretical model based on the model proposed by Bernard and Busse (2004) to analyse the effect of regional institutions and sport environments that can interfere with sports competitiveness. To test our model, we constructed an enlarged database for all European NUTS2 since 1995, which we analysed using panel data techniques (censored Tobit models). Our results reveal that the regions that are able to maintain player performance do so by persistent effort and external influences. These factors contribute more to regional competitiveness than a region’s central location or political prominence. [ABSTRACT FROM PUBLISHER]

There is a growing research interest in the relationship between the composition of regional knowledge bases and the extra-regional collaborative ties maintained by actors during their development work. To investigate this relationship, we use patent data to characterize European NUTS 3 regions by their (i) comparative technological specializations; and (ii) related technological variety. We find domestic, extra-regional collaboration to be negatively associated with regional technological specialization and related technological variety. At the same time, we find related technological variety to serve in support of international innovation collaboration. [ABSTRACT FROM AUTHOR]

In this article, we test the creativity and diversity hypothesis of Richard Florida for European regions. Florida argues that the level of regional economic development depends on the levels of technology, talent, and tolerance that regions harbour. Tolerance, in this case, is a measure for diversity of lifestyles, the creativity that results from it and population's openness towards non-traditional lifestyles. Using data for 94 European regions we investigate whether differences in creativity and diversity are a good predictor of differences in regional wealth in additive and multiplicative regression models. The results indicate that regional differences in diversity are directly related to differences in regional wealth. Moreover, we find that the synergetic effect of technology and talent on the level of regional wealth depends on the degree of diversity that resides within regions. Our findings support the idea that creativity and diversity deserve a more prominent place in economic geography. [ABSTRACT FROM AUTHOR]

This paper aims to contribute to a better understanding of the Knowledge-based Economy spatial distribution across the European Union (EU) regions (NUTS II), linking recent research approaches on innovation and structural change with approaches to regional economics. As a means of conducting this research, we classify economic activities according to six sectors based on their knowledge/technology intensity. Our results show that the higher the knowledge/technology content of the economic activity, the higher the concentration level of the activity. We find that some service activities (those considered knowledge intensive) have similar concentration levels to those operating in high or medium tech manufacturing. With regard to specialization, the most outstanding result is the strong presence of high and medium knowledge intensive service activities in metropolitan/capital regions. In general, our results reinforce the notion that an oligocentric model persists in Europe, with the southern German regions leading high and medium tech manufacturing, the south-east of England leading in high knowledge-intensive services, and with the mid-core model exemplified by the European metropolitan archipelago (particularly capital cities) in both northern and southern Europe. [ABSTRACT FROM AUTHOR]

Regional financial arrangements and monetary integration in East Asia and Europe have made considerable progress in recent years. This paper discusses whether governments in both regions, Japan and Germany as the most advanced regional economies in particular, can use the new dynamics as levers to raise their status vis-à-vis the United States. It will be argued that activities are defensive rather than offensive, aiming at protecting the respective region from financial risk. Japan, in particular, would find it difficult to raise its status vis-à-vis the United States significantly by promoting regional financial and monetary integration, principal reasons being actor heterogeneity, the role of China, hesitation to bear burden and risk, and the historical legacy of a bank-oriented system. [ABSTRACT FROM AUTHOR]

In this paper we contribute to the longstanding discussion on the role of knowledge to economic growth in a spatial context. We observe that in adopting the European policy strategy towards a competitive knowledge economy, the Netherlands is—as most European countries—mainly oriented towards industrial, technological factors. The policy focus is on R&D specialized regions in their spatial economic strategies. We place the knowledge economy in a broader perspective. Based on the knowledge economy literature, we value complementary indicators: the successful introduction of new products and services to the market (“innovation”) and indicators of skills of employees (“knowledge workers”). Using econometric analysis, we relate the three factors “R&D”, “innovation” and “knowledge workers” to regional economic growth. We conclude that the factors “innovation” and “knowledge workers” are more profoundly related to urban employment and productivity growth than the R&D-factor. Preferably, urban research and policy-makers should therefore take all three knowledge factors into account when determining economic potentials of cities. [ABSTRACT FROM AUTHOR]

This paper is concerned with contrasting the impact of globalization pressures on industrial development in particular localities, with specific reference to the relative performance of regional clusters. A multiple case study approach is adopted in order to examine the decline of volume yacht manufacturing in a long-established English cluster and to compare its responses to globalization with those of major competitors located in other parts of Europe. The case study opens with an analysis of three sector-specific drivers of globalization that have exercised a decisive impact on the sector over the last three decades. In the main analytical section, two alternative approaches to the analysis of clusters (Porter 1990, 2000, Best 2001) are applied to the empirical material. The application of Porter's ‘diamond’ framework suggests some distinctive performance-related characteristics, while Best's ‘cluster dynamics’ model provides a more sophisticated explanation of the differential responses and outcomes identified in the English case. The implications for policy are that cluster-level outcomes may be predicated on the internal dynamics of their respective ‘entrepreneurial firms’, and that regional development initiatives would benefit from conceptual and empirical studies that can better address the historical and spatial complexity of the underlying processes. [ABSTRACT FROM AUTHOR]

The article discusses the planned reviews of the European Spatial Planning Observation Network (ESPON). The work of ESPON carries forward the Study Program on European Spatial Planning organized by Nordregio in seeking a better understanding of spatial development trends across Europe. The program differentiates the thematic policy impact and cross-thematic projects.

The objective of this article is to assess whether the recent economic evolution of EU accession countries and their expected developments for the coming years put them in a better or a worse position to join the euro. Using structural vector autoregression models, the results show that shocks are more asymmetric in candidate countries than in current euro-zone members and that the situation has worsened in the most recent years. However it seems that monetary policies in accession countries are closely influenced by monetary conditions in the euro zone. If this is the case, then the costs of losing monetary independence when joining the euro would be reduced. In any case, and considering that, on average, correlations are still far from the values of the euro-zone countries, the flexibility of real sector and labor markets will be essential for the sustainability of joining the euro. [ABSTRACT FROM AUTHOR]

One of the challenges facing regional policy in the European Union is the accession of new countries to the Single Market and to Economic and Monetary Union. Conditions in many of these East European regions are worse than in the least developed regions of the fifteen existing member states. Moreover the accession of these countries is likely to have a marked effect on the geographical distribution of economic activity in the rest of the European Union (EU). Taking this into account, this article discusses the lessons that we have learned from the latest adhesions to the EU, in order to be able to predict what will arise from the enlargement scheduled for mid-2004. In this sense, we compute specialization and concentration indexes in order to highlight the effects of enlargement on the spatial distribution of activity in the EU Additionally, inequality measures are calculated to describe the evolution of regional disparities before and after enlargement. A regional and national database for EU15 and for candidate countries with a high degree of sectoral detail from 1985 to 2001 is compiled. Analysis and some recommendations for regional policy are provided. [ABSTRACT FROM AUTHOR]

Financial deregulation may segment European banking into pan-national and regional tiers. Regional banking must finance productive investment to facilitate regional economic growth. Local banks are the appropriate financing vehicles because of their specialist knowledge of regional market risks and conditions. Employing stochastic frontier analysis, the efficiency of regional banks in producing financial services is estimated along with the determinants of bank cost inefficiencies. Regional banks are found to be highly cost efficient with inefficiencies significantly correlated with bank liquidity, competitiveness, capitalization and organizational structure. Financial deregulation accompanies significant improvements in bank productivity whereas moves by banks towards industry best practice are positive but insignificant. [ABSTRACT FROM AUTHOR]

This work argues that the formation of an economic union requires that the homogeneity of domestic economic institutions and the process of regional integration reinforce each other. Granger causality tests on four cases of regional integration in the Americas, Asia and Europe (1975 through 1995) confirm our thesis. These cases include the Andean Pact, the Association of Southeast Asian Nations, the Central American Common Market and the European Union. The most successful case of integration - the European Union - does evince a pattern of positive interaction between the two variables, while less successful cases, found in Latin America, are lacking in this mechanism of mutual influence. We further discuss several regional groups that have recently emerged and use our theoretical implications to assess their future development. [ABSTRACT FROM AUTHOR]

Addresses the question of interfacing, innovation policy and regional policy at the European level. Conditions under which the European research will be compatible with cohesion objectives; Ways by which policy-makers policy-makers can take into consideration the variety of local contexts; Development potential of regions.

The globalized economy remains deeply rooted in historically shaped territories, in opposition to the common-place image of a footloose economy of flows. Regions provide the market economy with immaterial resources essential to its development. This is strongly reinforced, in my opinion, by a range of complex effects primarly linked to the change in competition patterns in global markets. Firms are driven to adopt quality - and innovation-based strategies, and still are obliged to reduce costs. Traditional, rigidly fragmented, Taylorist production organization, highly efficient in a stable price-based competition environment, is becoming counterproductive in this new context. The competitivness of companies lies no longer in the mere intensification of work and traditional productivity effects. It results mainly from the density and the relevance of co-operation established between the different actors in a value chain. And this co-operation cannot be set up - this is the point I wish to emphasize - either by the decisionmaking of a more or less centralized technostructure or through sheer market forces. The ability to promote inter-firm co-operation and confidence, to share values and anticipations, the convergence of projects, the relevance of institutionnal frames and finally the quality of local public and private governance are the key factors of success, instead of traditional geographic location factors, more or less neutralized by the decrease of communication costs. In other words, the key resources for development are socially and politically built up,and not a given of nature, as in the past. Potentially, all regions and cities, whatever their size, stand to benefit from this. [ABSTRACT FROM AUTHOR]

Environmental policies and politics in the countries of the European Union (EU) have transformed dramatically over the past two decades. Ecological modernization theory has tried to understand and capture the nature of the transformations from the mid-1980s onwards, having a limited number of North-west European nations as its empirical base. This article reviews the development of ecological modernization ideas for analysing such environmental reforms, especially focusing on the tension between national variations reported in empirical research and common denominators claimed by ecological modernization theorists. The article concludes that (i) since the empirical basis on which ecological modernization ideas are founded (environmental reforms in North-west Europe) shows remarkable diversity, we do not have to be too afraid of diversity and other regional 'variations' of ecological modernization ideas; and (ii) there is still sufficient common ground among national variations and sufficient distinction and debate with other schools of thought in the environmental social sciences to speak of one theory. Copyright © 1999 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]

Discusses the effects of technology transfer agencies on regional economic development in Western Europe. Effective organizational model for technology transfer infrastructures; Impact of national political framework on the organizational model; Strategies for approaching customers that can be used by individual technology transfer agencies.