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CIRCLE, Center for Innovation, Research and Competences in the Learning Economy, Lund University Papers in Innovation Studies, CIRCLE, Center for Innovation, Research and Competences in the Learning Economy, Lund University

No 2013/7:
Renewal of mature industry in an old industrial region: regional innovation policy and the co-evolution of institutions and technology

Lars Coenen (), Jerker Moodysson () and Hanna Martin ()

Abstract: The objective of this paper is to further insights on the potentials and barriers for industrial renewal in locked-in regions and industries. To do so, the paper analyzes the Swedish policy program ‘Biorefinery of the Future’ (BioF). This initiative is geared to develop a strong regional innovation environment for forestry-based biorefinery development in the area of Örnköldsvik and Umeĺ in Northern Sweden. Theoretically, the paper draws on concepts from evolutionary economic geography regarding path-dependence, related variety and lockin, and combines these with institutional approaches found in science and technology studies to explain disruptive shifts or transitions in socio-technical systems.

Keywords: Regional Innovation Policy; Old Industrial Regions; Evolutionary Economic Geography; Socio-technical Transitions; (follow links to similar papers)

JEL-Codes: O33; O38; (follow links to similar papers)

20 pages, May 6, 2013

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