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Path Dependency and Regional Port Authorities: Case for Innovation Network Leadership?

Citation

Cahoon, S and Chen, S-L and Haugstetter, H, Path Dependency and Regional Port Authorities: Case for Innovation Network Leadership?, Full papers of the International Association of Maritime Economists- Annual Conference (IAME 2011) , 25 -28 October 2011, Santiago, Chile, pp. 1-19. (2011) [Refereed Conference Paper]


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Copyright Statement

Copyright 2011 IAME

Official URL: http://www.mar-economists.org/about/annual-confere...

Abstract

In a recent case study of Burnie Port, in Tasmania, Australia, the Regional Development Platform Model (RDPM), which is a new approach to regional development, is utilised and adapted to identify opportunities for potential development in a local region. In this particular case the RDPM is linked to the role of the local port and its potential to drive regional growth centred on the local innovation network. Port authorities, by assuming the role of network leader, can shape the local innovation network and create new development trajectories through their links to various levels of government and the wide range of stakeholders that utilise the port facilities. The inherent tensions in this role and the competing possibilities of path creation and path dependence to create value for a wide network of stakeholders is challenging. In this role the port authority may demonstrate that institutional structures do matter but, additionally, leadership is critical. The paper investigates the use of the RDPM and ways that port authorities can influence development strategies for mutual benefit in this context. The case study, utilising desktop research, interviews, an expert panel and industry roundtable aims to demonstrate that the RDPM has the potential as an approach beyond analysing the main sources of path dependency in a local region. By following the adaptation of the RDPM, it is argued that the trajectory of path dependency can be interrupted, for example by a port authority or a local innovation network, enabling the potential for new paths to be created.

Item Details

Item Type:Refereed Conference Paper
Keywords:path dependency, regional innovation system, port strategy, regional development platform method
Research Division:Commerce, Management, Tourism and Services
Research Group:Business and Management
Research Field:Corporate Governance and Stakeholder Engagement
Objective Division:Transport
Objective Group:Water Transport
Objective Field:Port Infrastructure and Management
Author:Cahoon, S (Dr Stephen Cahoon)
Author:Chen, S-L (Dr Peggy Chen)
Author:Haugstetter, H (Ms Hilary Pateman)
ID Code:77121
Year Published:2011
Deposited By:NC Ports and Shipping
Deposited On:2012-03-18
Last Modified:2014-11-05
Downloads:3 View Download Statistics

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