Alessandro Militello’s Post

Economic clusters have brought tremendous competitive advantage to areas such as Silicon Valley, Baden-Württemberg, Spain’s Basque region, and Tirupur. As these interconnected businesses face increasing demands for sustainability, how can governments facilitate the necessary changes? Find out in our latest article: #economicclusters #sustainability

The shift to sustainability brings significant challenges and opportunities for economic clusters globally. Governments are responding with two strategic approaches: • The Safeguard Strategy: Governments protect existing clusters, by helping them to evolve, optimize for resilience, and support them to continue to thrive through the change. • The Spark Strategy: Governments spur new opportunities for economic clusters by realizing their emerging green competitive advantage. Discover how these strategies can help your cluster excel in a greener future here: https://lnkd.in/eMKAhvS6 #GreenTransition #Sustainability

By effectively managing economic clusters, governments have been able to accelerate social and economic progress at both the regional and national levels. Today, however, policymakers face a pressing new challenge: the need to help economic clusters rapidly adapt to the green transition—and to effectively navigate the challenges and opportunities it brings. Contributing author and friend, Tina Zuzek-Arden and team’s latest Boston Consulting Group (BCG)’s article discovers how governments can leverage these strategies to empower businesses to survive and thrive as we move toward a more sustainable future

Economic clusters can be an important tool in driving the green transition - but how can governments help to adapt existing clusters as well as create new ones to drive growth and jobs - while supporting decarbonization? My colleagues Christopher Daniel, Varad Pande (वरद पाण्डे), Makoto Morihara, Charmian Caines, and Rami Rafih look at the risks and opportunities for these clusters, and strategies for governments to help them thrive through the change. #economicclusters #sustainability

The shift to sustainability brings significant challenges and opportunities for economic clusters globally. Discover how specific safeguarding & sparking strategies can help your cluster excel in a greener future here: https://lnkd.in/etehuY9j #GreenTransition #EconomicDevelopment #Sustainability #BusinessStrategy

The shift to sustainability brings significant challenges and opportunities for economic clusters globally. We see Governments responding with two strategic approaches: • Safeguard Strategy: Supporting existing clusters to adapt and thrive, such as Germany’s automotive and India’s knitwear sectors. • Spark Strategy: Spurring new opportunities through emerging green competitive advantages, seen in South Korea’s Songdo and Australia’s Pilbara Renewable Energy Zone. Key impacts include: • Market Shifts: Adapting to changing demands towards greener products. • Legislative Changes: Navigating new regulations that redefine operational landscapes. • New Opportunities: Capitalizing on demands for sustainable technologies and materials. Discover how these strategies can help your cluster excel in a greener future here: https://lnkd.in/g3ZCDrAw #GreenTransition #EconomicDevelopment #Sustainability #BusinessStrategy

The shift to sustainability brings significant challenges and opportunities for economic clusters globally. Governments are responding with two strategic approaches: • Safeguard Strategy: Supporting existing clusters to adapt and thrive, such as Germany’s automotive and India’s knitwear sectors. • Spark Strategy: Spurring new opportunities through emerging green competitive advantages, seen in South Korea’s Songdo and Australia’s Pilbara Renewable Energy Zone. Key impacts include: • Market Shifts: Adapting to changing demands towards greener products. • Legislative Changes: Navigating new regulations that redefine operational landscapes. • New Opportunities: Capitalizing on demands for sustainable technologies and materials. Discover how these strategies can help your cluster excel in a greener future here: https://lnkd.in/dy5HwMEs #GreenTransition #EconomicDevelopment #Sustainability #BusinessStrategy

The shift to sustainability brings significant challenges and opportunities for economic clusters globally. Governments are responding with two strategic approaches: • Safeguard Strategy: Supporting existing clusters to adapt and thrive, such as Germany’s automotive and India’s knitwear sectors. • Spark Strategy: Spurring new opportunities through emerging green competitive advantages, seen in South Korea’s Songdo and Australia’s Pilbara Renewable Energy Zone. Key impacts include: • Market Shifts: Adapting to changing demands towards greener products. • Legislative Changes: Navigating new regulations that redefine operational landscapes. • New Opportunities: Capitalizing on demands for sustainable technologies and materials. Discover how these strategies can help your cluster excel in a greener future here: https://lnkd.in/dZU_x9pw #GreenTransition #EconomicDevelopment #Sustainability #BusinessStrategy

🔍 How does digital economy policy impact green innovation in heavily polluting industries? 📣 New study in Industry and Innovation: "Does digital economy policy benefit green innovation? Evidence from heavily polluting industries in China" by Xin Wang, Zheng Yao, Chaoqun Ma, and Chengang Wang 🔑 Research Highlights: ·      A difference in differences (DID) model reveals a positive causal effect of digital economy policy on green innovation in heavily polluting industries. ·      Post-policy, green innovation in these industries significantly outpaces non-heavy polluting industries. ·      The digital economy policy enhances green innovation through industrial structure upgrading and stricter environmental regulation. ·      The policy's impact is more pronounced in industries with lower state ownership, higher productivity, or greater capital dependency. 💡 Policy and Managerial Implications: This study underscores the digital economy policy's role in fostering green innovation, particularly within heavily polluting industries. It advocates for robust digital infrastructure and policies that encourage the digital economy's sustainable contribution to green innovation. 📚 https://lnkd.in/eAM_4SGx #DigitalEconomyPolicy #GreenInnovation #HeavilyPollutingIndustries #China

The shift to sustainability brings significant challenges and opportunities for economic clusters globally. Governments are responding with two strategic approaches: • Safeguard Strategy: Supporting existing clusters to adapt and thrive, such as Germany’s automotive and India’s knitwear sectors. • Spark Strategy: Spurring new opportunities through emerging green competitive advantages, seen in South Korea’s Songdo and Australia’s Pilbara Renewable Energy Zone. Key impacts include: • Market Shifts: Adapting to changing demands towards greener products. • Legislative Changes: Navigating new regulations that redefine operational landscapes. • New Opportunities: Capitalizing on demands for sustainable technologies and materials. Discover how these strategies can help your cluster excel in a greener future here: https://lnkd.in/d2ZdrM6b #GreenTransition #EconomicDevelopment #Sustainability #BusinessStrategy