To make the most of its longstanding tradition of manufacturing and innovation, Piedmont, Italy, is undertaking a process of industrial transition, the success of which may be linked to an updated approach to its regional innovation policy. This should include promoting technology and non-technology driven innovation, building the innovation competences of micro- and small enterprises in addition to medium and large ones, better connecting regional innovation actors, and ensuring that innovation contributes to the region’s broader development goals such as sustainable regional development. It also requires diversifying the role of Piedmont’s innovation clusters and reinforcing the multi-level governance system for innovation policy. This report features a comparative perspective of the trends, challenges and opportunities for innovation-led growth in Piedmont, and highlights how Piedmont could build a dynamic innovation ecosystem based on its smart specialisation strategy, a fresh perspective on innovation, and future-oriented innovation cluster organisations. The report provides actionable recommendations and offers insights into making the most of innovation policy as a lever for place-based regional development.
Regional development or “place-based” policies are essential to enhance the performance and well-being in all regions. These policies can help reduce regional inequalities, drive efficiencies in public service delivery, support quality infrastructure, boost national performance, enhance resilience and support environmentally sustainable development.
Underpinned by unique granular data at the regional and local levels, the publications in this series consider how regional development is affected by issues such as globalisation, climate change, innovation, digitalisation, demographic change.
These reports and their policy recommendations are relevant to national, regional and local governments, financial institutions, academics, businesses and civil society.