Scandinavian Working Papers in Economics

Papers in Innovation Studies,
Lund University, CIRCLE - Centre for Innovation Research

No 2023/11: Rescaling: An Analytical Lense to Study Economic and Industrial Shifts

Markus Grillitsch (), Björn Asheim (), Lea Fünfschilling (), Sophie Kelmenson, Nichola Lowe (), Karl Johan Lundquist (), Yahia Mahmoud (), Mikhail Martynovich (), Pauline Mattson (), Johan Miörner (), et al (2 additional author(s)) Magnus Nilsson () and Torben Schubert ()
Additional contact information
Markus Grillitsch: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Björn Asheim: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Lea Fünfschilling: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Sophie Kelmenson: University of North Carolina at Chapel Hill, Postal: USA
Nichola Lowe: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Karl Johan Lundquist: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Yahia Mahmoud: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Mikhail Martynovich: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Pauline Mattson: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Johan Miörner: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Magnus Nilsson: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Torben Schubert: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden

Abstract: Rescaling as a concept has been used to investigate and explain shifting patterns in economic and industrial development. This ranges from processes explaining the shift towards globalisation in the 1980s to current calls for shifts towards decarbonisation, national security, and more even development, which profoundly affect the organisation of economies and industries. This paper aims to unpack the notion of rescaling, identify and elaborate on different dimensions of rescaling, and use rescaling as conceptual and analytical lens to discuss and understand shifting patterns in economic and industrial development. We explore the potential of rescaling to capture the complex processes underpinning such shifts in patterns with a unifying language that connects multiple disciplinary perspectives. It is also relevant from a societal perspective as rescaling has been used as a strategy to affect the patterns in economic and industrial development.

Keywords: economic development; industrial dynamics; globalisation; technological regimes; industrial policy; sustainable development

JEL-codes: F02; F50; F60; L50; L60; O10; O30

Language: English

22 pages, November 7, 2023

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