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Innovation and regional economic resilience: an exploratory analysis

Bristow, Gillian Irene and Healy, Adrian 2018. Innovation and regional economic resilience: an exploratory analysis. Annals of Regional Science 60 (2) , pp. 265-284. 10.1007/s00168-017-0841-6

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Abstract

The varying rates of recovery of European regional economies from the 2007-2008 economic crisis have raised interesting questions about the sources of economic resilience. Policy discourse has increasingly asserted the role played by innovation in facilitating rapid recovery from economic shocks, whilst evolutionary thinking has highlighted the specific importance of innovation capacity. However, empirical evidence on this is lacking. This paper addresses this gap by providing new empirical analysis of the relationship between regional innovation capacity and the resilience of European regions to the crisis. It finds that regions identified as Innovation Leaders at the time of the crisis were significantly more likely to have either resisted the crisis or recovered quickly from it (i.e. within three years). This provides important insights for evolutionary approaches theorising the relationship between innovation and resilience.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Geography and Planning
Publisher: Springer Verlag (Germany)
ISSN: 0570-1864
Date of First Compliant Deposit: 12 July 2017
Date of Acceptance: 11 July 2017
Last Modified: 30 Jul 2018 05:48
URI: http://orca.cf.ac.uk/id/eprint/102354

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