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The Relationship Between Export and Technological Specialisation Profiles Across EU Countries and Regions and the Identification of Development Potentials
Studies, August 2015, 183 pages
This study has been prepared for the Executive Agency for Small and Medium-sized Enterprises (EASME), under Specific Contract ENT-SME-14-F-S107-SI2-698839 implementing the Framework Service Contract ENTR/300/PP/2013/FC-WIFO on "Studies in the Area of European Competitiveness" coordinated by the Austrian Institute of Economic Research (WIFO; coordinator: Andreas Reinstaller). This service contract is financed by the EU Programme for the Competitiveness of Enterprises and SMEs (COSME).
Study by: Austrian Institute of Economic Research
Commissioned by: European Commission
 
The aim of this study is to analyse the development of new industrial specialisations and the process of export diversification both at the country and the regional level for the EU countries over time. It examines to what extent these processes show path dependent properties, whether persistent development trajectories can be shifted in order to avoid structural traps and what role related and unrelated diversification play for the economic performance of regions. Overall, the results of this report and its policy implications underscore that Smart Specialisation policies require a smooth coordination of a larger set of diverse policy measures that take into account both the local context and all the involved players rather than a perfect setup of single policies. In particular, the educational system, specialisation patterns in research and innovation, and foreign direct investments play a key role in diversification processes and should be a constitutive element of Smart Specialisation policies.
Keywords:TP_Europa_Wettbewerb TP_Wettbewerbsfaehigkeit_IndustrieStrukturpolitik
Research group:Industrial, Innovation and International Economics
Language:English

Related issues

Completed research studies
Commissioned by: European Commission
Study by: Austrian Institute of Economic Research
Closed: 2015
The aim of this study is to investigate the development of new industrial specialisations and the process of export diversification both at the country and the regional level for the EU countries over time. It will examine to what extent these processes show path dependent properties and whether capabilities to generate and absorb new knowledge can contribute to shift persistent development trajectories. Finally, the study will also provide insights on the diversification potentials across countries and regions in the EU.

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