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WI Institute of Rural Economics

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Presentation on Innovation in Rural Areas at the Regional Studies Conference in London

Rural areas have certain disadvantages when it comes to attracting R&D-intensive companies. However, initial results of a study by Petrik Runst show that innovative companies without R&D are less affected by these disadvantages because rural innovators focus more frequently on process innovations.

Participants of the session "Regional Innovation" at the RSA Conference 2024.
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Participants of the session "Regional Innovation" at the RSA Conference 2024.

Rural areas present certain disadvantages for companies engaged in research and development (R&D), which is why such companies are more commonly found in urban regions. However, initial results presented by Petrik Runst at the Regional Studies conference in London from an ongoing Thuenen-WI research project show that the disadvantages of peripheral locations are less pronounced for innovative companies without R&D. These non-R&D innovators in rural areas have a qualitatively different innovation profile than those in urban regions. For example, they tend to focus more on process innovation or the first-time application of existing technologies in their local context.

Contact: Dr. Petrik Runst

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