The policy implications of economic complexity

Hidalgo, César A. ORCID: (2023) The policy implications of economic complexity. Research Policy, 52 (9). p. 104863. DOI

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In recent years economic complexity has grown into an active field of fundamental and applied research. Yet, despite important advances, the policy implications of economic complexity can remain unclear or misunderstood. Here I organize the policy implications of economic complexity in a framework grounded on 4 Ws: what approaches, focused on identifying target activities and/or locations; when approaches, focused on the timing of related and unrelated diversification; where approaches, focused on the geographic diffusion of knowledge; and who approaches, focused on the role played by agents of structural change. The goal of this paper is to provide a framework that groups, organizes, and clarifies the policy implications of economic complexity and facilitates its continued use in regional and international development.

Item Type:Article
Uncontrolled Keywords:economic complexity, industrial policy, relatedness, smart specialization, networks
Divisions:Corvinus Institute for Advanced Studies (CIAS)
Subjects:Information economy
Knowledge economy, innovation
International economics
Funders:Artificial and Natural Intelligence Institute of the University of Toulouse (ANITI), French National Research Agency (ANR), European Research Executive Agency
Projects:ANR-17-EURE-0010, ANR-19-PI3A-0004, 101086712 - LearnData - HORIZON-WIDERA-2022-TALENTS-01
ID Code:9765
Deposited By: Ádám Hoffmann
Deposited On:27 Mar 2024 13:47
Last Modified:27 Mar 2024 14:37

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