Towards regenerative regional development in responsible value chains: an agentic response to recent crises

In this paper, we empirically and theoretically present regenerative regional development in responsible value chains as an alternative to the prevailing traditional, neoliberal economic rationale of globalization. We develop argument on back a longitudinal in-depth case study actors’ engagement recurring crises maritime industry Sunnmøre/Norway. The perspective is agentic response from business community wake recent crises. It builds advanced manufacturing capabilities, automation precision technologies, which promise local regeneration while reducing reliance low-cost labour, substantially cuts emissions through reduced long-haul transport, use green energy more energy-efficient production processes. To succeed, however, it calls for policies that promote building capabilities penalize practices causing environmental social harm global chains, making possible move towards shorter chains.