Regional Innovation Policies for New Path Development – Beyond Neoliberal and Traditional Systemic Views

Franz Tödtling, Michaela Trippl

Publication: Scientific journalJournal articlepeer-review

Abstract

How new regional growth paths emerge and what policy concepts are most adequate for nurturing their evolution constitute recurring themes in regional innovation and development studies. New industrial paths are often portrayed as the result of market-driven processes and Schumpeterian entrepreneurial efforts. This view goes along with a neoliberal policy approach that restricts the role of public interventions to the setting up a suitable regulatory frame and supporting an entrepreneurial climate. The theoretical underpinnings and policy perspectives of this approach have been challenged by the innovation system literature, which offers a systemic view on the rise of new growth paths and advocates a more proactive role of public policy. This paper investigates the role of policy models beyond these traditional ones. We contrast different variants of systemic and multi-scalar policy concepts for new regional industrial path development. Our literature-based study shows that more recent models go beyond new path development and growth per se, paying more attention to the direction of innovation and change, and to policy approaches for achieving more sustainable forms of development. We scrutinise the theoretical and empirical bases of these new policy models and discuss why they are superior to neoliberal and older systemic ones.
Original languageEnglish
Pages (from-to)1779 - 1795
JournalEuropean Planning Studies
Volume26
Issue number9
DOIs
Publication statusPublished - 2018

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 507023 Location development
  • 502039 Structural policy
  • 502014 Innovation research
  • 507011 Spatial research
  • 507014 Regional development
  • 507 not use (legacy)
  • 507016 Regional economy

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