Building dynamic capabilities in the transition toward a knowledge-based bioeconomy: a case study of three Finnish regions

Abstract

This paper analyses the role of various organisations’ dynamic capabilities in regional transitions toward a knowledge-based bioeconomy. It offers a more nuanced understanding of regional path development and agency by elucidating the concept of dynamic capabilities in regional contexts and analysing the roles and types of the dynamic capabilities of various organisations. This empirical research is based on case studies conducted in three Finnish regions using a combination of interviews, documents and statistical data. The paper argues that it is important to take a systemic perspective in analysing dynamic capabilities and look at simultaneous changes in different types of organisations.