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The Role of the Triple Helix Model in Sustaining the Regional Economic Development

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  • Georgeta Ilie

    (Institute for World Economy, Romanian Academy)

Abstract

This paper highlights the contribution of the triple helix model in sustaining the processes of economic development at the regional level. The first part presents the triple helix system components intensively analysed in the international literature in this field, emphasizing the main conditions that must be met for the development of this model. The second part focuses on the regional strategies developed around the triple helix model based on a set of successful interactions among academia, industry and authorities, such as clusters and special economic zones. Considering the almost three decades of theoretical and practical experiences, there are highlighted a few successful examples implemented in a few countries with different economic potential. This is a way to demonstrate that all these actors have believed and supported this partnership and now they are able to reap the positive effects. A series of arguments are offered in favour of supporting the development of local collaborative structures, such as clusters and special economic zones, including them into the regional development strategies. The last part of the paper reveals a successful collaborative example from Romania, where the model was developed in an extended quadruple form. Besides, there are revealed the forward steps and initiatives prepared to be taken in order to improve the conditions for the implementation of this collaborative model into Romanian environment.

Suggested Citation

  • Georgeta Ilie, 2022. "The Role of the Triple Helix Model in Sustaining the Regional Economic Development," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 10(1), pages 98-106, June.
    • Handle: RePEc:ntu:ntugeo:vol10-iss1-98-106
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    References listed on IDEAS

    as
    1. Leslie, Stuart W. & Kargon, Robert H., 1996. "Selling Silicon Valley: Frederick Terman's Model for Regional Advantage," Business History Review, Cambridge University Press, vol. 70(4), pages 435-472, January.
    2. Carlos Rodrigues & Ana I. Melo, 2013. "The Triple Helix Model as Inspiration for Local Development Policies: An Experience-Based Perspective," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 37(5), pages 1675-1687, September.
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    More about this item

    Keywords

    university; innovation; economic development collaborative; cluster; special economic zone;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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