Globalisation and Regional Economies

Can OECD Regions Compete in Global Industries?

image of Globalisation and Regional Economies

Despite concern about the negative impacts of globalisation on the economies of OECD regions, notably the loss of manufacturing jobs and enterprise relocation, this report presents evidence that region-specific advantages – embedded in specialised firms, skilled labour and innovation capacity – remain a significant source of productivity gain for firms, even for the largest multinational enterprises.  A new geography of production is emerging, based around both old and new regional hubs in OECD and non-OECD countries. National and regional governments in OECD countries are looking for ways to ensure that regions maintain a competitive edge in industries that generate wealth and jobs. This report looks at how different regions are responding to these challenges and the strategies they have adopted to support existing competitive advantages and to transform their assets to develop new competitive strengths.


Regional Case Studies in the Biopharmaceuticals Sector

This chapter looks at the evolution of the biopharmaceuticals industry and the impacts that changes in the structure of the industry are having on four regions specialised in drug production and/or biotechnology. In each case, the regions are struggling with the impact of restructuring of the global pharmaceuticals industry but also striving to build on the R&D strengths and innovative capacities that the regions have acquired over time as leaders in a dynamic technology-driven industry.


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