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Economy

Economy

Local economies have been the driving force behind city growth since the first cities were developed between the Tigris and Euphrates. Since then we have seen trading cities, port cities, industrial cities and service cities. Now many European cities are trying to re-position themselves in the global economy by becoming knowledge based and ‘smart’ cities.

 

Reinventing a city is difficult, and there are risks, including that cities follow a copy-and-paste approach that is not rooted in their own economy and society. Instead of smart specialisation we reproduce the stupid specialisation of the cluster years when every city and region in Europe proclaimed its desire to be in nanotechnology, medical or biotechnology and digital technologies.

Experience has shown that to move into knowledge based development requires a close relationship between a triple helix made up of research centres, small and medium-sized enterprises and city administrations. 

Related URBACT networks

Tech Rev

TechRevolution, an URBACT Transfer Network, provides an opportunity for six cities from across the EU to get under the skin of an URBACT Good...

URGE

This Action Planning network aims to design integrated urban policies in the building sector, a major consumer of raw materials. Since there is a gap...

Making Spend Matter

Making Spend Matter Transfer network explores how to use spend analysis as an evidence tool to enhance the impact of procurement by public / anchor...

Digi Place

Digi Place is an Action Planning Network that aims to set up an acceleration mechanism to enable cities to catch up the digitalisation opportunities...

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