Quotation Aiginger, Karl, Firgo, Matthias. 2015. Regional Competitiveness Under New Perspectives. In: WWWforEurope Policy Paper series, Hrsg. WWWforEurope, 1-56. Vienna: -


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Abstract

The term “competitiveness” has been used in conceptually distinct ways at the firm, regional and national levels. After primarily reviewing existing concepts at the national level, we introduce a new definition of regional competitiveness adapting definitions used in the academic literature. Specifically, we connect “outcome competitiveness” with new perspectives on a more socially inclusive and ecologically sustainable growth path, as envisaged in the WWWforEurope research program, in which 33 European research groups are taking part. Evaluating competitiveness requires both an input assessment (costs, productivity, economic structure, capabilities) and an outcome assessment. We define regional outcome competitiveness as the ability of a region to deliver Beyond GDP goals. For regions in industrialized countries, this ability depends on innovation, education, institutions, social cohesion and ecological ambition. Given this new perspective (of broader Beyond GDP goals), social investments and ecological ambitions should not be considered costs, but rather drivers of competitiveness. This is compatible with a new innovation policy fostering non-technical innovations and a new industrial policy supporting societal goals. Applying this concept to European regions, we show which regions take the "high road" to competitiveness and compare our results with the existing literature.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Chapter in edited volume
Language English
Title Regional Competitiveness Under New Perspectives
Title of whole publication WWWforEurope Policy Paper series
Editor WWWforEurope
Page from 1
Page to 56
Location Vienna
Publisher -
Year 2015
Reviewed? Y
URL http://www.foreurope.eu/fileadmin/documents/pdf/PolicyPapers/WWWforEurope_Policy_Paper_026.pdf
Open Access Y
Open Access Link https://econpapers.repec.org/paper/feuwfeppr/y_3a2015_3am_3a10_3ad_3a0
JEL I31, O47, Q56, R11, R58

Associations

People
Aiginger, Karl (Details)
Firgo, Matthias (Former researcher)
Organization
Department of Economics DP (Details)
Department of Economics (Weiss) (Details)
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