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Much Ado About Something? An Appraisal of the Relationship Between Smart City and Smart Specialisation Policies

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  • Andrea Caragliu
  • Chiara Del Bo

Abstract

Smart policies at the urban (smart city initiatives) and the regional (smart specialisation Strategies, S3) level, both fostered by the need to better spend the reduced budget available for EU policy†making, have recently gained much attention. While some attempts have been made to explore the growth potential of the two policies separately, no empirical analysis has considered their joint contribution to regional growth. This paper identifies two types of development (measured as 2008–2010 GDP growth) effects associated to smart policies: one, short†run, associated to urban smartness initiatives, and a second, long run, linked to S3. Instrumental variables estimates are used to support the conceptual framework suggested for the link between these two types of policies, which are both found to have a positive impact on regional economic performance.

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  • Andrea Caragliu & Chiara Del Bo, 2018. "Much Ado About Something? An Appraisal of the Relationship Between Smart City and Smart Specialisation Policies," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 109(1), pages 129-143, February.
    • Handle: RePEc:bla:tvecsg:v:109:y:2018:i:1:p:129-143
    DOI: 10.1111/tesg.12272
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    Cited by:

    1. Veldhuizen, Caroline, 2020. "Smart Specialisation as a transition management framework: Driving sustainability-focused regional innovation policy?," Research Policy, Elsevier, vol. 49(6).
    2. Tyurchev, Kirill, 2021. "Управление Инновационными Системами: От Национального До Локального Уровня [Management of Innovative Systems: From National to Local LeveL]," MPRA Paper 111908, University Library of Munich, Germany.
    3. Caragliu, Andrea & Del Bo, Chiara F., 2019. "Smart innovative cities: The impact of Smart City policies on urban innovation," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 373-383.

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