IDEAS home Printed from https://ideas.repec.org/a/spr/epolit/v37y2020i3d10.1007_s40888-020-00195-4.html
   My bibliography  Save this article

Are innovative regions more resilient? Evidence from Europe in 2008–2016

Author

Listed:
  • Andrea Filippetti

    (Institute for the Study of Regionalism, Federalism and Self-Government (ISSiRFA) of the National Research Council of Italy (CNR)
    Birkbeck College University of London)

  • Petros Gkotsis

    (European Commission, Joint Research Centre)

  • Antonio Vezzani

    (Research Institute on Sustainable Economic Growth (IRCrES) of the National Research Council of Italy (CNR))

  • Antonio Zinilli

    (Institute for the Study of Regionalism, Federalism and Self-Government (ISSiRFA) of the National Research Council of Italy (CNR))

Abstract

This paper studies the relationship between the innovation performance of European regions and their resilience. By exploiting a novel dataset that includes patents and trademarks at the regional (NUTS2) level for the 2008–2016 period, the paper addresses two research questions: (1) are innovative regions more resilient? (2) which type of innovation is more conducive to resilience? We frame the relationship between resilience and innovation within the Schumpeterian notion of innovation as a ‘creative response in history’. Overall, we find that a stronger performance in innovation is associated with a better performance in employment both during and in the aftermarket of the 2008 financial crisis. We argue that learning capabilities built over time by regions make them more effective in adapting and recovering during major shocks. While the crisis may have created an opportunity for less developed regions to move ahead, this opportunity has in fact been grasped mainly by those already having a strong regional system of innovation in place.

Suggested Citation

  • Andrea Filippetti & Petros Gkotsis & Antonio Vezzani & Antonio Zinilli, 2020. "Are innovative regions more resilient? Evidence from Europe in 2008–2016," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 37(3), pages 807-832, October.
    • Handle: RePEc:spr:epolit:v:37:y:2020:i:3:d:10.1007_s40888-020-00195-4
    DOI: 10.1007/s40888-020-00195-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s40888-020-00195-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s40888-020-00195-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Justin Doran & Bernard Fingleton, 2014. "Economic shocks and growth: Spatio-temporal perspectives on Europe's economies in a time of crisis," Papers in Regional Science, Wiley Blackwell, vol. 93, pages 137-165, November.
    2. Federico Bassi & Cédric Durand, 2018. "Crisis in the European Monetary Union: A Core-Periphery Perspective," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(1), pages 251-256, April.
    3. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    4. Archibugi, Daniele & Filippetti, Andrea & Frenz, Marion, 2013. "Economic crisis and innovation: Is destruction prevailing over accumulation?," Research Policy, Elsevier, vol. 42(2), pages 303-314.
    5. Cristiano Antonelli, 2015. "Innovation as a Creative Response. A Reappraisal of the Schumpeterian Legacy," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 23(2), pages 99-118.
    6. Ron Martin, 2012. "Regional economic resilience, hysteresis and recessionary shocks," Journal of Economic Geography, Oxford University Press, vol. 12(1), pages 1-32, January.
    7. Krugman, Paul, 1991. "History and Industry Location: The Case of the Manufacturing Belt," American Economic Review, American Economic Association, vol. 81(2), pages 80-83, May.
    8. Ron Boschma, 2015. "Towards an Evolutionary Perspective on Regional Resilience," Regional Studies, Taylor & Francis Journals, vol. 49(5), pages 733-751, May.
    9. Riccardo Crescenzi & Carlo Pietrobelli & Roberta Rabellotti, 2016. "Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe," European Planning Studies, Taylor & Francis Journals, vol. 24(4), pages 645-667, April.
    10. Antonio VEZZANI & Marco BACCAN & Alina CANDU & CASTELLI & Mafini DOSSO & Petros GKOTSIS, 2017. "Smart Specialisation, seizing new industrial opportunities," JRC Research Reports JRC108247, Joint Research Centre.
    11. Schumpeter, Joseph A., 1947. "The Creative Response in Economic History," The Journal of Economic History, Cambridge University Press, vol. 7(2), pages 149-159, November.
    12. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 577-598.
    13. G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
    14. Neil Lee, 2014. "Grim down South? The Determinants of Unemployment Increases in British Cities in the 2008-2009 Recession," Regional Studies, Taylor & Francis Journals, vol. 48(11), pages 1761-1778, November.
    15. Nicola Daniele Coniglio & Raffaele Lagravinese & Davide Vurchio, 2016. "Production sophisticatedness and growth: evidence from Italian provinces before and during the crisis, 1997–2013," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 9(2), pages 423-442.
    16. Ron Martin & Peter Sunley, 2006. "Path dependence and regional economic evolution," Journal of Economic Geography, Oxford University Press, vol. 6(4), pages 395-437, August.
    17. Raffaele Lagravinese, 2015. "Economic crisis and rising gaps North–South: evidence from the Italian regions," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 331-342.
    18. Alessandro Sarra & Claudio Berardino & Davide Quaglione, 2019. "Deindustrialization and the technological intensity of manufacturing subsystems in the European Union," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(1), pages 205-243, April.
    19. Jing Xiao & Ron Boschma & Martin Andersson, 2018. "Resilience in the European Union: the effect of the 2008 crisis on the ability of regions in Europe to develop new industrial specializations," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(1), pages 15-47.
    20. Ron Martin, 2011. "The local geographies of the financial crisis: from the housing bubble to economic recession and beyond," Journal of Economic Geography, Oxford University Press, vol. 11(4), pages 587-618, July.
    21. Kevin Morgan, 2007. "The Learning Region: Institutions, Innovation and Regional Renewal," Chapters, in: Roel Rutten & Frans Boekema (ed.), The Learning Region, chapter 5, Edward Elgar Publishing.
    22. Cristiano Antonelli & Giuseppe Scellato, 2011. "Out-of-equilibrium profit and innovation," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(5), pages 405-421.
    23. Bottazzi, Laura & Peri, Giovanni, 2003. "Innovation and spillovers in regions: Evidence from European patent data," European Economic Review, Elsevier, vol. 47(4), pages 687-710, August.
    24. Zoltan J. Acs & David B. Audretsch, 1989. "Patents' Innovative Activity," Eastern Economic Journal, Eastern Economic Association, vol. 15(4), pages 373-376, Oct-Dec.
    25. Ron Martin & Peter Sunley & Peter Tyler, 2015. "Local growth evolutions: recession, resilience and recovery," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 141-148.
    26. Lino Briguglio & Gordon Cordina & Nadia Farrugia & Stephanie Vella, 2009. "Economic Vulnerability and Resilience: Concepts and Measurements," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 229-247.
    27. Francesco Quatraro, 2009. "Innovation, structural change and productivity growth: evidence from Italian regions, 1980--2003," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(5), pages 1001-1022, September.
    28. Kevin Morgan, 2007. "The Learning Region: Institutions, Innovation and Regional Renewal," Regional Studies, Taylor & Francis Journals, vol. 41(sup1), pages 147-159.
    29. Lewis Dijkstra & Enrique Garcilazo & Philip McCann, 2015. "The effects of the global financial crisis on European regions and cities," Journal of Economic Geography, Oxford University Press, vol. 15(5), pages 935-949.
    30. Gillian Bristow & Adrian Healy, 2018. "Innovation and regional economic resilience: an exploratory analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 265-284, March.
    31. John Stanley Metcalfe & Ronnie Ramlogan, 2006. "Creative Destruction and the Measurement of Productivity Change," Revue de l'OFCE, Presses de Sciences-Po, vol. 97(5), pages 373-397.
    32. Iammarino, Simona & McCann, Philip, 2006. "The structure and evolution of industrial clusters: Transactions, technology and knowledge spillovers," Research Policy, Elsevier, vol. 35(7), pages 1018-1036, September.
    33. Koen Frenken & Frank Van Oort & Thijs Verburg, 2007. "Related Variety, Unrelated Variety and Regional Economic Growth," Regional Studies, Taylor & Francis Journals, vol. 41(5), pages 685-697.
    34. Giulio Cainelli & Roberto Ganau & Marco Modica, 2019. "Industrial relatedness and regional resilience in the European Union," Papers in Regional Science, Wiley Blackwell, vol. 98(2), pages 755-778, April.
    35. Combes, Pierre-Philippe, 2000. "Economic Structure and Local Growth: France, 1984-1993," Journal of Urban Economics, Elsevier, vol. 47(3), pages 329-355, May.
    36. Stefano Usai, 2011. "The Geography of Inventive Activity in OECD Regions," Regional Studies, Taylor & Francis Journals, vol. 45(6), pages 711-731.
    37. Javier Ortiz & Vicente Salas Fumás, 2020. "Technological innovation and the demand for labor by firms in expansion and recession," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 29(4), pages 417-440, May.
    38. Benedicta Marzinotto, 2017. "Euro area macroeconomic imbalances and their asymmetric reversal: the link between financial integration and income inequality," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 34(1), pages 83-104, April.
    39. Elias Giannakis & Adriana Bruggeman, 2017. "Determinants of regional resilience to economic crisis: a European perspective," European Planning Studies, Taylor & Francis Journals, vol. 25(8), pages 1394-1415, August.
    40. Iammarino, Simona & Guy, Frederick & Filippetti, Andrea, 2019. "Regional disparities in the effect of training on employment," LSE Research Online Documents on Economics 87466, London School of Economics and Political Science, LSE Library.
    41. Davide Antonioli & Annaflavia Bianchi & Massimiliano Mazzanti & Sandro Montresor & Paolo Pini, 2013. "Innovation Strategies and Economic Crisis: Evidence from Firm-level Italian Data," Economia politica, Società editrice il Mulino, issue 1, pages 33-68.
    42. Andrea Filippetti & Antonio Peyrache, 2015. "Labour Productivity and Technology Gap in European Regions: A Conditional Frontier Approach," Regional Studies, Taylor & Francis Journals, vol. 49(4), pages 532-554, April.
    43. Filippetti, Andrea & Archibugi, Daniele, 2011. "Innovation in times of crisis: National Systems of Innovation, structure, and demand," Research Policy, Elsevier, vol. 40(2), pages 179-192, March.
    44. Valentina Giannini & Donato Iacobucci & Francesco Perugini, 2019. "Local variety and innovation performance in the EU textile and clothing industry," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 28(8), pages 841-857, November.
    45. Zoltan J. Acs & David B. Audretsch, 1989. "Patents as a Measure of Innovative Activity," Kyklos, Wiley Blackwell, vol. 42(2), pages 171-180, August.
    46. Xiaohui Hu & Robert Hassink, 2017. "Exploring adaptation and adaptability in uneven economic resilience: a tale of two Chinese mining regions," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(3), pages 527-541.
    47. Giulio Cainelli & Roberto Ganau & Marco Modica, 2019. "Does related variety affect regional resilience? New evidence from Italy," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 62(3), pages 657-680, June.
    48. Theodosios Palaskas & Yannis Psycharis & Antonis Rovolis & Chrysostomos Stoforos, 2015. "The asymmetrical impact of the economic crisis on unemployment and welfare in Greek urban economies," Journal of Economic Geography, Oxford University Press, vol. 15(5), pages 973-1007.
    49. Alessandra Faggian & Roberta Gemmiti & Timothy Jaquet & Isabella Santini, 2018. "Regional economic resilience: the experience of the Italian local labor systems," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 393-410, March.
    50. Lucia Piscitello, 2004. "Corporate diversification, coherence and economic performance," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 13(5), pages 757-787, October.
    51. Annie Tubadji & Peter Nijkamp & Vassilis Angelis, 2016. "Cultural hysteresis, entrepreneurship and economic crisisAn analysis of buffers to unemployment after economic shocks," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 9(1), pages 103-136.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vinko Muštra & Blanka Šimundić & Zvonimir Kuliš, 2020. "Does innovation matter for regional labour resilience? The case of EU regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(5), pages 955-970, October.
    2. Ockert Pretorius & Ernst Drewes & Mariske van Aswegen & Gerard Malan, 2021. "A Policy Approach towards Achieving Regional Economic Resilience in Developing Countries: Evidence from the SADC," Sustainability, MDPI, vol. 13(5), pages 1-21, March.
    3. Kumari, Vineeta & Hassan, Majdi & Pandey, Dharen Kumar, 2024. "Are high-income and innovative nations resilient to the Russia-Ukraine war?," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 1268-1287.
    4. Carolina Castaldi & Sandro Mendonca, 2021. "Regions and trademarks. Research opportunities and policy insights from leveraging trademarks in regional innovation studies," Papers in Evolutionary Economic Geography (PEEG) 2138, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2021.
    5. Daniele Archibugi & Rinaldo Evangelista & Antonio Vezzani, 2021. "Centripetal and centrifugal forces in technological activities: linking regional innovation performances to EU Science & Technology policies," Working Papers 47, Birkbeck Centre for Innovation Management Research, revised Jan 2021.
    6. Andrea Filippetti & Antonio Zinilli, 2023. "The innovation networks of city-regions in Europe: exclusive clubs or inclusive hubs?," Working Papers 63, Birkbeck Centre for Innovation Management Research, revised 08 Feb 2023.
    7. Venkatachalam, Ragupathy & Kumar, Sunil Mitra, 2022. "Economic Structures and Dynamics: A Morphogenetic View," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 474-485.
    8. Di Tommaso, Marco R. & Prodi, Elena & Pollio, Chiara & Barbieri, Elisa, 2023. "Conceptualizing and measuring “industry resilience”: Composite indicators for postshock industrial policy decision-making," Socio-Economic Planning Sciences, Elsevier, vol. 85(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vinko Muštra & Blanka Šimundić & Zvonimir Kuliš, 2020. "Does innovation matter for regional labour resilience? The case of EU regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(5), pages 955-970, October.
    2. Giulio Cainelli & Roberto Ganau & Marco Modica, 2019. "Does related variety affect regional resilience? New evidence from Italy," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 62(3), pages 657-680, June.
    3. Jan Ženka & Marcela Chreneková & Lucie Kokešová & Veronika Svetlíková, 2021. "Industrial Structure and Economic Resilience of Non-Metropolitan Regions: An Empirical Base for the Smart Specialization Policies," Land, MDPI, vol. 10(12), pages 1-21, December.
    4. Suat Tuysuz & Tüzin Baycan & Fatih Altuğ, 2022. "Economic impact of the COVID-19 outbreak in Turkey: analysis of vulnerability and resilience of regions and diversely affected economic sectors," Asia-Pacific Journal of Regional Science, Springer, vol. 6(3), pages 1133-1158, October.
    5. Hasan Engin Duran & Ugo Fratesi, 2023. "Economic resilience and regionally differentiated cycles: Evidence from a turning point approach in Italy," Papers in Regional Science, Wiley Blackwell, vol. 102(2), pages 219-252, April.
    6. Luciana Lazzeretti & Stefania Oliva & Niccolò Innocenti, 2019. "Exploring the role of industrial structure for regional economic resilience," Papers in Evolutionary Economic Geography (PEEG) 1917, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2019.
    7. Sébastien BOURDIN, 2018. "Géographie de la résilience des régions européennes face à la crise (2008-2013)," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 48, pages 53-70.
    8. Paolo Rizzi & Paola Graziano & Antonio Dallara, 2018. "A capacity approach to territorial resilience: the case of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 285-328, March.
    9. Weilong Wang & Jianlong Wang & Shaersaikai Wulaer & Bing Chen & Xiaodong Yang, 2021. "The Effect of Innovative Entrepreneurial Vitality on Economic Resilience Based on a Spatial Perspective: Economic Policy Uncertainty as a Moderating Variable," Sustainability, MDPI, vol. 13(19), pages 1-23, September.
    10. Mathieu P A Steijn & Pierre-Alexandre Balland & Ron Boschma & David L Rigby, 2023. "Technological diversification of U.S. cities during the great historical crises," Journal of Economic Geography, Oxford University Press, vol. 23(6), pages 1303-1344.
    11. Riccardo Cappelli & Fabio Montobbio & Andrea Morrison, 2021. "Unemployment resistance across EU regions: the role of technological and human capital," Journal of Evolutionary Economics, Springer, vol. 31(1), pages 147-178, January.
    12. Giulio Cainelli & Roberto Ganau & Marco Modica, 2019. "Industrial relatedness and regional resilience in the European Union," Papers in Regional Science, Wiley Blackwell, vol. 98(2), pages 755-778, April.
    13. Olena Khlystova & Yelena Kalyuzhnova, 2023. "The impact of the creative industries and digitalization on regional resilience and productive entrepreneurship," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1654-1695, October.
    14. Giulia Urso & Marco Modica & Alessandra Faggian, 2019. "Resilience and Sectoral Composition Change of Italian Inner Areas in Response to the Great Recession," Sustainability, MDPI, vol. 11(9), pages 1-15, May.
    15. Tom Broekel & Lars Mewes, 2017. "Analyzing the impact of R&D policy on regional diversification," Papers in Evolutionary Economic Geography (PEEG) 1726, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2017.
    16. Elias Giannakis & Christos T. Papadas, 2021. "Spatial Connectivity and Regional Economic Resilience in Turbulent Times," Sustainability, MDPI, vol. 13(20), pages 1-12, October.
    17. Gergő Tóth & Zoltán Elekes & Adam Whittle & Changjun Lee & Dieter F. Kogler, 2022. "Technology Network Structure Conditions the Economic Resilience of Regions," Economic Geography, Taylor & Francis Journals, vol. 98(4), pages 355-378, August.
    18. Vitor Klein Schmidt & Aurora Carneiro Zen & Bernardo Fernandes Soares & Bruno Anicet Bittencourt, 2023. "Trajectory and cluster resilience elements: The case of the Brazilian wine cluster of the Serra Gaúcha," Growth and Change, Wiley Blackwell, vol. 54(2), pages 596-624, June.
    19. Xiaojing Li & Jing Chen, 2023. "Global or Local Spatial Spillovers? Industrial Diversity and Economic Resilience in the Middle Reaches of the Yangtze River Urban Agglomeration, China," Sustainability, MDPI, vol. 15(14), pages 1-17, July.
    20. Yannis Psycharis & Anastasia Panori & Dimitrios Athanasopoulos, 2022. "Public Investment and Regional Resilience: Empirical Evidence from the Greek Regions," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 113(1), pages 57-79, February.

    More about this item

    Keywords

    Innovation; Regional resilience; Patents; Trademarks;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:epolit:v:37:y:2020:i:3:d:10.1007_s40888-020-00195-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.