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Do scientific capabilities in specific domains matter for technological diversification in European regions?

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  • Pierre-Alexandre Balland
  • Ron Boschma

Abstract

Do scientific capabilities in regions translate into technological leadership? This is one of the most pressing questions in academic and policy circles. This paper analyzes the matching of scientific and technological capabilities of 285 European regions. We build on patent and publication records to identify regions that lie both at the scientific and technological frontiers (strongholds), that are pure scientific leaders, pure technological leaders, or just followers in 18 domains. Our regional diversification model shows that local scientific capabilities in a domain are a strong predictor of the development of new technologies in that domain in regions. This finding is particularly relevant for the Smart Specialization policy because it implies that the analysis of domain-specific scientific knowledge can be a powerful tool to identify new diversification opportunities in regions.

Suggested Citation

  • Pierre-Alexandre Balland & Ron Boschma, 2021. "Do scientific capabilities in specific domains matter for technological diversification in European regions?," Papers in Evolutionary Economic Geography (PEEG) 2116, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2021.
    • Handle: RePEc:egu:wpaper:2116
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    Keywords

    science-technology link; regional diversification; relatedness; strongholds; scientific capabilities; technological capabilities; Smart Specialization policy;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • 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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