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Regional Business Competitiveness: Medium and Low-Technology Production Systems in Northern Greece

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  • Theodosios Palaskas
  • Maria Tsampra
  • Chrysostomos Stoforos

Abstract

Successful regional integration in global competitive networks depends more than ever before on regional capacities for technological absorption and diffusion. Regional development inequalities are the outcome of different levels of technological adjustment and innovativeness in the regional business sector. This paper explores the technological adjustment capacity of the industrial regions of Northern Greece, which are characterised by traditional manufacturing specialisation – for long now declining due to global competition and currently, due to the recent crisis. The determinants of regional business competitiveness and economic performance are explored. The analysis substantiates that even in industrial agglomerations of traditional specialisation, competitiveness lies in technological advancement and not in labour cost compression.

Suggested Citation

  • Theodosios Palaskas & Maria Tsampra & Chrysostomos Stoforos, 2013. "Regional Business Competitiveness: Medium and Low-Technology Production Systems in Northern Greece," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 20-28.
    • Handle: RePEc:ers:journl:v:xvi:y:2013:i:1:p:20-28
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    References listed on IDEAS

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    Cited by:

    1. Ansgar Belke & Nicos Christodoulakis & Daniel Gros, 2019. "Lessons from the Strukturwandel in the Ruhrgebiet: turning Northern Greece into an industrial champion?," International Economics and Economic Policy, Springer, vol. 16(3), pages 535-562, July.
    2. Daphne Nicolitsas, 2021. "The impact of regulations and institutions on competitiveness and productivity: the case of Greece," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 18(1), pages 23-47, June.

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    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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