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Breakthrough Invention Performance of Multispecialized Clustered Regions in Europe

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  • Ivan De Noni
  • Fiorenza Belussi

Abstract

The regional literature of the last decades has been characterized by an extended debate on the role of regional diversification compared to specialization as a driver of innovation. In this context, the smart specialization framework has recently developed a balanced perspective by emphasizing the role of related diversification of the regional portfolio. Nevertheless, most of the empirical research on the topic has investigated the intensity rather than relevance of technological progress. This article contributes to this framework by exploring the breakthrough performance of European regions. In particular, by focusing on industry–region pairs in place of regions as a whole, the article attempts to claim that the ability to produce breakthrough inventions is higher in multispecialized clustered regions, since it depends on both the specialization of industries and the technological relatedness to the clustered industries of the region. The implications at the level of regional policies are huge, given that the potential of unrelated competitive industries might remain largely unexploited, and diversification in related, although not competitive, industries risks being unprofitable.

Suggested Citation

  • Ivan De Noni & Fiorenza Belussi, 2021. "Breakthrough Invention Performance of Multispecialized Clustered Regions in Europe," Economic Geography, Taylor & Francis Journals, vol. 97(2), pages 164-186, March.
    • Handle: RePEc:taf:recgxx:v:97:y:2021:i:2:p:164-186
    DOI: 10.1080/00130095.2021.1894924
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    Cited by:

    1. Ron Boschma & Ernest Miguelez & Rosina Moreno & Diego B. Ocampo-Corrales, 2021. "Technological breakthroughs in European regions: the role of related and unrelated combinations," Papers in Evolutionary Economic Geography (PEEG) 2118, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2021.
    2. Abbasiharofteh, Milad & Kogler, Dieter F. & Lengyel, Balázs, 2023. "Atypical combinations of technologies in regional co-inventor networks," Research Policy, Elsevier, vol. 52(10).
    3. Qin Ye, 2021. "The impact of knowledge depth and breadth on the geography of analytical industry technological networks: Evidence from China’s biotechnology industry," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2238-2255, December.
    4. Esposito, Christopher R., 2023. "The geography of breakthrough invention in the United States over the 20th century," Research Policy, Elsevier, vol. 52(7).

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