Smart Specialization, Related Diversification and Regional Resilience: A Brief Note

Author/s Giulio Cainelli, Roberto Ganau
Publishing Year 2016 Issue 2016/3
Language Italian Pages 17 P. 29-45 File size 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 codes: C21; O25; R1.

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Giulio Cainelli, Roberto Ganau, Smart Specialization, diversificazione correlata e resilienza regionale: note a margine di un dibattito in "SCIENZE REGIONALI " 3/2016, pp 29-45, DOI: 10.3280/SCRE2016-003002