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Smart Specialization, Related Diversification and Regional Resilience: A Brief Note
Journal Title: SCIENZE REGIONALI  
Author/s: Giulio Cainelli, Roberto Ganau 
Year:  2016 Issue: Language: Italian 
Pages:  17 Pg. 29-45 FullText PDF:  289 KB
DOI:  10.3280/SCRE2016-003002
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The concept of ‘related diversification’ represents a key driver of the Smart Specialisation Strategy. Although several contributions have studied the effect of industrial relatedness on the economic performance of regions and firms, its role in influencing a region’s capacity of adapting to external shocks - capacity of resilience - has received less attention. This paper analyses the relationship between related diversification and economic resilience at the level of the 686 Italian Local Labour Systems. Results suggest that local systems characterised by a higher level of industrial relatedness show a higher capacity of adapting to external shocks.
Keywords: Smart Specialization; related diversification; regional resilience.
Jel Code: C21; O25; R1.

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Giulio Cainelli, Roberto Ganau, Smart Specialization, Related Diversification and Regional Resilience: A Brief Note in "SCIENZE REGIONALI " 3/2016, pp. 29-45, DOI:10.3280/SCRE2016-003002

   

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