Which Region to Choose for Implementing a Country's Industrial Policy? An Empirical Research Path to Highlight Regional Restructuring Opportunities

Abstract

Addressing climate change is one of the grand societal challenges of our time. It requires a concerted effort of innovation, industrial and environmental policy. In order to achieve green restructuring at regional level, which constitutes an essential element of sustainability transitions, transformation processes must occur across the entire innovation chain, with policy setting the direction of the restructuring processes. Our study explores research avenues that can help policymakers to assess regional capabilities for “green” economic restructuring. It seeks to harmonize inputs from the innovation studies literature within the framework of the economic geography studies on regional boundaries.