The paper analyses the causal effect of capital subsidies on firms' efficiency and productivity by exploiting the conditions for a local random experiment created by Law 488/92 (henceforth L488), which has been an important policy instrument for reducing territorial disparities in Italy. The...

The notion of smart specialisation is an important framework in the structural funding period 2014-2020. Although the original academic concept of this policy was sectorally oriented and focused on the productivity gap between the EU and the US, it is increasingly applied to regional innovation...

This paper presents conceptual and empirical reasons for moving from a thematically-regionally neutral innovation policy to a thematically and regionally focused innovation policy, in line with the smart specialization approach of the new cohesion policy framework. The paper starts by claiming...

The purpose of this article is to contribute for the debate about the construction of governance spaces which guarantee the continuity of the regional development public policies, thus articulating actors and optimizing strategic projects in order to improve regional competitiveness ans...

In the US and Europe many clusters initiatives have recently been launched. National and regional governments have been defining and implementing clusters policies and programmes with the aim to identifying, launching and finally consolidating international competitive clusters in their...

Elaborated in 2008 as part of the new industrial policy, the concept of smart specialisation has quickly become of key importance for the EU 2020 innovation strategy. New activities are to be nominated at the regional level that aim at exploring and discovering new technological and market...

Interest in territorial forms of organisation of production is currently at its peak, both among researchers striving to describe and explain various phenomena and among practitioners - representatives of authorities, entrepreneurs or experts involved in developing the idea. On this basis, the...

Innovation development is declared as one of the key objectives of social and economic policy in Russia. The purpose of the work was to identify regions with the highest innovation capacity and developed regional innovation system, where support of innovation activities would be the most...

This study basically focuses on the analysis of the net effect of the government R&D support program on the local firms' technology development and its performance. And then it examines whether and how much R&D raises the effects of local firms' technology development and its performance. It...