Regional renewal systems vary based on national context, impacting economic growth.
The article explores how different regions renew themselves by adapting industries or creating new ones. The researchers studied four regions in Germany and Australia to understand the factors that contribute to regional renewal. They found that social connections and past influences play a big role in shaping a region's development. Each region has unique strengths and weaknesses, so there is no one-size-fits-all approach to renewal. The researchers also discovered that regional renewal works differently depending on the national political and institutional context.