https://orcid.org/0000-0002-7299-3158
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ABSTRACT
Thinking about regional industrial policies remains focused on the supply of new knowledge, and recently also on grand challenges and missions, but takes problems, demand and market formation largely for granted. In this paper we build on policy sciences, sociology of markets and valuation approaches to explore the place-based roles of agency, institutions, networks and values in discursive processes of problem-framing and market creation. We identify a number of choices and trade-offs in the processes, practices and constitutive elements of market creation that in turn suggest new possibilities for more societal problem-oriented regional industrial policies.
ACKNOWLEDGEMENTS
The authors thank the special issue editors and two anonymous referees for their truly helpful suggestions. Authors names are listed alphabetically. All authors have contributed equally to this paper.
DISCLOSURE STATEMENT
No potential conflict of interest was reported by the authors.
Notes
1. Problems can serve as ‘boundary objects’, with sufficient interpretative flexibility (Ferraro et al., Citation2015) to enable actors from different social worlds to come together to recognize a need to act whilst maintaining their distinctive practices, ideas, values or identities (Fastenrath & Coenen, Citation2021; Franco-Torres et al., Citation2020; Star & Griesemer, Citation1989).