Club Convergence in R&D Expenditure across European Regions

The increasing disparities between European regions constitute a great challenge for sustainable development and require identification of the factors responsible for this process. Given the substantive role of R&D in shaping innovativeness and economic development, understanding its dynamics and spatial patterns can provide new insights into regional growth prospects. Although prior studies have investigated the patterns of innovation convergence, apparently none has attempted to test the convergence club hypothesis in R&D expenditure in the European regional scope. Therefore, the present study aims to fill this gap. The paper aims at examining the convergence path of R&D expenditure across European regions and at identifying the factors conditioning club membership. Data were retrieved from Eurostat’s regional database and Regional Innovation Scoreboard datasets over 2008–2018. Employing a nonlinear time-varying factor model, we reveal that R&D expenditure in the examined regions follows the pattern of club convergence. The results of our research allow to identify five convergence clubs characterised by distinct disparities in the R&D expenditures. We also demonstrate that the emergence of the identified convergence clubs might be attributable to the initial differences in human capital, external knowledge embedded in patents and technological structures across regions as measured by employment in medium-high and high-tech manufacturing and knowledge-intensive services. These results provide policy implications in terms of the formulation and implementation of more tailored innovation policies, based on smart development and specialisation strategies. The presence of business R&D convergence clubs requires shifting EU policy actions towards a more sustainable model promoting both the advantages of the strongest regions and the development opportunities in less-developed ones.

Spatio-Temporal Dynamics of European Innovation—An Exploratory Approach via Multivariate Functional Data Cluster Analysis

We apply a functional data approach for mixture model-based multivariate innovation clustering to identify different regional innovation portfolios in Europe, considering patterns of specialization among innovation types. We combine patent registration data and other innovation and economic data across 225 regions, 13 years, and eight patent classes. The approach allows us to form several regional clusters according to their specific innovation types and captures spatio-temporal dynamics too subtle for most other clustering methods. Consistent with the literature on innovation systems, our analysis supports the value of regionalized clusters that can benefit from flexible policy support to strengthen regions as well as innovation in a systematic context, adding technology specificity as a new criterion to consider. The regional innovation cluster solutions for IPC classes for ‘fixed constructions’ and ‘mechanical engineering’ are highly comparable but relatively less comparable for ‘chemistry and metallurgy’. The clusters for innovations in ‘physics’ and ‘chemistry and metallurgy’ are similar; innovations in ‘electricity’ and ‘physics’ show similar temporal dynamics. For all other innovation types, the regional clustering is different. By taking regional profiles, strengths, and developments into account, options for improved efficiency of location-based regional innovation policy to promote tailored and efficient innovation-promoting programs can be derived.

Innovation Dynamics Through the Encouragement of Knowledge Spin-Off From Touristic Destinations

The present approach aims to explore the innovation dynamic that may lead to knowledge opportunities in a specific regional cluster characterized by a strong touristic positioning. The new technology-based companies, namely the spin-out created from university research, represent a possible and reliable approach to the economy stimulation. This said, it is mandatory to explore the topics that will allow a reflection on the networks associated with innovation processes, developed from the relations between the public universe (including universities and research centers), and the new technology or humanistic based companies. This chapter intends to be a contribution to the discussion of innovation clusters and sets the preliminary issues to discuss and implement an innovation ecosystem. This chapter explores and reflects the importance of regional innovation clusters dynamics, setting and describing the steps and specific strategical procedures in order to implement an innovation ecosystem, using as example a specific touristic territory.

Development of Innovation System in Bioinformatics Using Blockchain Platforms

It is reasonable to use digital technologies to organize and support an innovation system that simplify and promote interactions between innovation activity participants by performing a situational analysis of big volumes of structured and unstructured data on innovation activity subjects in the regions. The aim of the article is to substantiate the essence, peculiarities and features of integrating blockchain platforms with Big Data intelligent analytics for regional innovation development. The study was carried out as based on materials describing the development of this concept both in the whole world and its spread in the Russian economy.