Development policy to increase the competitiveness of renewable energy-sector companies in a territory like Corsica (France)

Business clusters are geographically-concentrated economic structures assuring the often tenuous link between efficient national industrial policy efforts and regional planning and branding issues. From this perspective, the logic of synergy by connecting global to local issues remains to be created around a new paradigm: regional attractiveness/place branding. In today's fast-globalizing world, the much-hyped concept of place branding has become critical for regions in fierce global competition to capture and secure geographically-mobile investment. In this context, promoting and attracting inward investment is a multidimensional challenge where business clusters have a pivotal role to play. Corsica, a small island economy, represents a case-in-point target of analysis through its long-standing PADDUC project (French decentralization policy on Corsica under the law dated 22 January 2002) and the CAPENERGIES business cluster - a key link in the technological research strand, entrusted with the overriding role of leading the island's transition toward decentralized energy independency. After highlighting the innovative technological approach of promoting socio-economic fabric as one of the key foundations to structured economic development and regional branding, this paper goes on to outline the joint-effect impacts of development of the CAPENERGIES competitive cluster in tandem with the process to find technology-centred solutions to drive development of the “renewable energy” industry in an island economy like Corsica.