Should Attitudinal Views toward Innovation Development Play a Role in Policy in Peripheral EU Regions?: New Evidence from Vouchers Program in Northern Ireland

2018 ◽  
Vol 6 (2) ◽  
pp. 121-137
Author(s):  
Sean M. McDonald ◽  
Remi C. Claire ◽  
Alastair H. McPherson
Keyword(s):  
Economic Development ◽  
Northern Ireland ◽  
Policy Design ◽  
Regional Economic Development ◽  
Innovation Development ◽  
Regional Economic ◽  
Eu Regions ◽  
Future Policy ◽  
The Impact ◽  
New Evidence

The impact and effectiveness of policies to support collaboration for Research & Development (R&D) and Innovation is critical to determining the success of regional economic development. (O’Kane, 2008) The purpose of this paper is to evaluate the level of success of the Innovation Vouchers Program operated by Invest Northern Ireland (Invest NI) from 2009 to 2013 and address if attitudinal views towards innovation development should play in a role in future policy design in peripheral EU regions. 

scholarly journals The Impact of Economic Specialization on Regional Economic Development in the European Union: Insights for Formation of Smart Specialization Strategy

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 76
Author(s):  
Giedrė Dzemydaitė
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Regional Economic Development ◽  
The European Union ◽  
Location Quotient ◽  
Regional Economic ◽  
Clear Cut ◽  
Smart Specialization ◽  
Economic Specialization ◽  
The Impact

The smart specialization concept was implemented in the EU in 2014, stating that regions have to specify specialization areas for development of innovations. Economic specialization reveals a comparative advantage in that field. However, there are different arguments linking specialization to economic development. This study analyzes these arguments and aims to investigate the impact of economic specialization on regional economic development and to give insights into identifying prospective areas in regional economies. A panel fixed effect estimation of industry-level regional data suggests that economic specialization in broader regional employment, called relative specialization, is ambiguously associated with economic development. Our findings suggest that neither economic specialization nor economic diversity are a clear-cut solution for ensuring economic growth. Economic structure in EU regions differs, and there is no one answer for which approach is better for economic development. Specialization measures, particularly the location quotient, cannot fully capture the dynamics in the industry structure that could be essential for formation of regional development strategy.

Regional Economic Development in The Context of the COVID-19 Pandemic and the Economic Crisis

2021 ◽  
pp. 99-107
Author(s):  
Olha A. Lukash ◽  
Yuriy M. Derev`yanko ◽  
Dmytro V. Kozlov ◽  
Anna I. Mukorez
Keyword(s):  
Economic Development ◽  
Economic Crisis ◽  
Open Data ◽  
Regional Economic Development ◽  
Business Environment ◽  
The State ◽  
Retail Trade ◽  
Regional Economic ◽  
Current Economic Crisis ◽  
The Impact

It is important to analyze the manifestations of the crisis at the regional level, which allows both regional (local) and national authorities to develop effective support tools. From this point of view, it is important to clearly understand which aspects of economic development the crisis has a key impact on, and whether such impact is uniform across different sectors and areas of economic development. Much attention is paid to the problem of assessing the state of the business environment. However, the main disadvantage of most of them is that they are sometimes difficult to conduct in terms of operational analysis and availability of open data. The object of research is the processes of studying the state of the region's economy. The subject of the research is the impact of the COVID-19 pandemic and the current economic crisis on the region's economies. In the process of scientific research, we solved such tasks: identification of key problematic factors in relation to regional economic development, including caused by pandemic and lockdown; reliable, freely available and up-to-date sources of statistical information on regional economic development are identified; a comprehensive method of generalizing the impact of the COVID-19 pandemic and the economic crisis on regional economic development. We proposed to analyze the impact of the COVID-19 pandemic and the current economic crisis on the economic development of the regions of Ukraine on the example of Sumy region. The analysis is based on open data from static authorities, which periodically publish monthly and quarterly information. The study confirmed the serious negative impact of lockdown and pandemic on the economic development of the region in a number of key indicators: the index of industrial production, the volume of industrial products sold, freight turnover and passenger turnover. At the same time, we observe a generally neutral impact of the crisis on such regional indicators of economic development as the volume of commodity export and import transactions and the stability of retail trade.

The correlations of transportation with regional economy and demographic space1

2021 ◽  
pp. 1-11
Author(s):  
Xiaoping Wu ◽  
Peng Wu ◽  
Zihan Guo
Keyword(s):  
Economic Development ◽  
Population Distribution ◽  
Comprehensive Evaluation ◽  
Evaluation Model ◽  
Transportation Network ◽  
Regional Economic Development ◽  
Analysis Method ◽  
Regional Economic ◽  
Countermeasures And Suggestions ◽  
The Impact

Based on the precise logical analysis method, the paper constructs a comprehensive evaluation model of transportation superiority in terms of transportation network density, the influence of transportation arteries, and regional location-specific advantages, then select Southwest China as a case to evaluate the transportation superiority and analyze the correlations of transportation with regional economic development and population distribution. The results show that there is a positive correlation between regional transportation superiority and regional population density as well as GDP per capita in the spatial distribution. Finally, by using the fuzzy logic analysis method, we propose countermeasures and suggestions for the impact of transportation integration on regional economic development and population distribution.

scholarly journals The Impact of Industrialization on The Regional Economic Development and Community Welfare

2017 ◽  
Vol 6 (2) ◽  
pp. 231-246
Author(s):  
Sutikno Sutikno ◽  
Muhammad Sri Wahyudi Suliswanto
Keyword(s):  
Economic Growth ◽  
Monte Carlo Simulation ◽  
Economic Development ◽  
Regression Analysis ◽  
Regional Economic Development ◽  
Research Setting ◽  
Regional Economic ◽  
Confirmatory Factor ◽  
Simulation Results ◽  
The Impact

This study was aimed to determine the impact of industrialization on the regional economic development. Gresik regency was chosen as the research setting for it is one of largest industrial areas in East Java. The analysis instruments used were: First, the regression analysis, to determine the impact of industrialization on economic growth, unemployment, and poverty. Second, Confirmatory Factor Analysis (CFA), it was used to investigate the impact of industrialization on the community welfare. Third, Monte Carlo simulation that used to formulate a recommendation. The result showed that the industrialization in Gresik still has not been able to give extensive significant impact for the community in Gresik regency and its existence can only be enjoyed by nearby residents. Based on the simulation results, showed that the strong commitment between Gresik local government and the industry in order to address the problem of unemployment is very necessary due to its’ greatest impact.DOI: 10.15408/sjie.v6i2.5334

scholarly journals The Impact of Informatization on the Relationship between the Tourism Industry and Regional Economic Development

2021 ◽  
Vol 13 (16) ◽  
pp. 9399
Author(s):  
Xianghong Zhou ◽  
Weiwei Chen
Keyword(s):  
Economic Development ◽  
Regional Cooperation ◽  
Regional Economic Development ◽  
Spillover Effects ◽  
Tourism Industry ◽  
Coordinated Development ◽  
Regional Economic ◽  
Regional Tourism ◽  
The Impact ◽  
Degree Of Coupling

Modern tourism plays an increasingly important economic role in regional development. However, in the practice of regional economic development, there is often a lag in economic development where the tourism industry is prosperous. We explored the potential impact of the development level of informatization on the coupling and coordination relationship between the tourism industry and regional economic development. Using provincial panel data from 2008 to 2017, we constructed a spatial Dubin model for empirical research. We established an evaluation model for the coupling and coordination relationship between tourism and regional economic development based on the establishment of evaluation models and indicator systems for informatization, tourism, and regional economic development. The results show that improvements to informatization generally promoted the coupling and coordination of tourism and regional economic development. Informatization not only improved the coupling and coordination of tourism and economic development in the region but also had significant spatial spillover effects. In addition to the influencing factors at the information level, the advantages of tourism resources and the level of economic development on the whole also helped to improve the degree of coupling and coordination, while the widening of the income gap between urban and rural areas hindered coordinated development. Further discussion shows that informatization will affect the degree of coupling and coordination between the tourism industry and regional economic development by influencing the level of institutional environment. The findings highlight the need to focus on diversified development of the regional tourism industry and economy while improving the level of informatization and strengthening cross-regional cooperation during informatization. The conclusions contribute to improving the coordinated development of regional tourism and regional economy and provide a scientific basis for the development of informatization and the formulation of tourism and economic policies.

scholarly journals Families in Serbia as a factor of regional economic development

Sociologija ◽  
2014 ◽  
Vol 56 (4) ◽  
pp. 565-576
Author(s):  
Valentina Sokolovska ◽  
Ana Bilinovic
Keyword(s):  
Economic Development ◽  
Family Structure ◽  
Regional Economic Development ◽  
Regional Economic ◽  
Economic Changes ◽  
Methodological Foundation ◽  
Family Perspective ◽  
Family Types ◽  
Employment Of Women ◽  
The Impact

This paper broadly analyzes the nature of the impact of family types on the (regional) economic development. Results of the research of these issue at the level of regions in Europe have pointed to the relevance of the ?family perspective? for the study of differential economic development, which opens the way for consideration of this issue at the level of regions in Serbia. In order to test the impact of family types on regional economic development in Serbia we have collected and analyzed data on average household size, family composition of households, types of families, the average number of household members, educational attainment measured by the proportion of the population with basic and higher education, the overall share of employees in the workforce, data on employment of women, as well as data on gross domestic product. The above demographic and socio-economic data are collected based on data from the 2011. census, and are represented at the level of four regions of Serbia (Belgrade region, the region of Vojvodina, Sumadija and Western Serbia, the region of Eastern and Southern Serbia). The research was largely done based on theoretical and methodological foundation used to investigate the impact of family types on regional socio-economic development of Europe, with extensive use of Emmanuel Todd descriptions of family types. The results suggest that although many factors exogenous to family structure seem likely to cause major economic changes, family structure itself may be a key determinant in adapting such changes.

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