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Smart Specialization in a Subnational Context: Evidence From Greece

Author

Listed:
  • Kyriakos Drivas

    (Department of Economics, University of Piraeus, Piraeus, Greece)

  • Claire Economidou

    (Department of Economics, University of Piraeus, Piraeus, Greece)

  • Ioannis Kaplanis

    (Department of Economics, University of Piraeus, Piraeus, Greece)

  • Maria Theano Tagaraki

    (Department of Economics, University of Piraeus, Piraeus, Greece)

Abstract

Regional domestic activity can provide valuable insights on whether these activities can fuel innovation activity of international impact. This paper provides an alternative strategy in measuring regional innovative activity based on the number of applications of various forms of Intellectual Property Rights (IPRs). Our analysis focuses particularly on Greek regions over the last two decades and documents a strong relationship between domestically- and internationally-filed IPRs. Class-level analysis, however, shows substantial heterogeneity across fields highlighting the role of smart specialization and in particular the usefulness of a regional innovation policy targeting on specific capabilities for each region. The fact that domestic patents and trademarks follow more closely the recent economic crises in Greece is also an issue we need to consider when operationalizing regional innovation policy.

Suggested Citation

  • Kyriakos Drivas & Claire Economidou & Ioannis Kaplanis & Maria Theano Tagaraki, 2021. "Smart Specialization in a Subnational Context: Evidence From Greece," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 71(3-4), pages 3-12, July-Dece.
    • Handle: RePEc:spd:journl:v:71:y:2021:i:3-4:p:3-12
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    References listed on IDEAS

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    More about this item

    Keywords

    smart specialization; regional innovation; patents; trademarks;
    All these keywords.

    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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