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Specialization Integrated Strategy of Innovations: Effective Model for Emerging Regional Economy Development?

Author

Listed:
  • Krzysztof Malik
  • Lukasz Mach
  • Marzena Szewczuk-Stepien
  • Piotr Bebenek

Abstract

Purpose: The purpose of our work is to propose a strategic model of smart specialization identification around the concept of regional knowledge and cognitive transfer (Double Helix Matrix, DHM). Design/Methodology/Approach: While operationalization of smart specialization-oriented policy is still rather limited because of the lack of agreed development policy tools, we proposed the DHM model developed in order to provide the implementation of regional smart specialization oriented strategy. The model has been statistically verified by multidimensional comparative analysis on the example of a chosen weak innovative emerging region in Poland (Opolskie). Findings: The proposed methodology let us to find the need of redefining the smart specialization concept as a part of regional innovation strategy. Practical Implications: The new approach to the regional innovation policy has been proposed.. The findings have been used to construct the regional policy directives for potential smart specializations development within 2027 perspective. Originality/Value: The new model to conduct regional innovation strategy for smart specialization has been proposed and verified on the example of the weak innovation region.

Suggested Citation

  • Krzysztof Malik & Lukasz Mach & Marzena Szewczuk-Stepien & Piotr Bebenek, 2020. "Specialization Integrated Strategy of Innovations: Effective Model for Emerging Regional Economy Development?," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 78-97.
  • Handle: RePEc:ers:journl:v:xxiii:y:2020:i:2:p:78-97
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    References listed on IDEAS

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    Cited by:

    1. M.A. Komissarova & M.M. Kulikov & M.M. Afanasiev & N.V. Guzenko, 2020. "The Foresight Methodology in Strategic Planning at Regional Level," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 77-83.
    2. Sabina Kubiciel-Lodzinska & Jolanta Maj, 2020. "Experience in Employing Immigrants and the Perception of Benefits of a Diverse Workforce," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 803-818.

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    More about this item

    Keywords

    Emerging region; smart specialization identyfication; strategy for smart specialization; regional development policy; EU aids fund effectiveness.;
    All these keywords.

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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