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Designing and Implementing a Smart Specialisation Strategy at Regional Level: Some Open Questions

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  • Donato Iacobucci

Abstract

The aim of this paper is to discuss some of the theoretical underpinnings and implementation problems of the RIS3. The analysis is carried out by reviewing the available literature on RIS3 and the proposals of 36 EU regions. The RIS3 approach requires the concentration of R&D efforts in a few domains. It requires a variable mix between research and innovation policy according to the region?s innovative capability. The paper discusses the theoretical and practical issues arising when trying to identify links between technological domains within the same regions and between different regions. The paper also questions the emphasis of the RIS3 on the bottom-up approach given that the design of a ?strategy? must necessarily rely, at least at the beginning, on a topdown approach. Suggestions are made on how to improve the design and implementation of the RIS3.

Suggested Citation

  • Donato Iacobucci, 2014. "Designing and Implementing a Smart Specialisation Strategy at Regional Level: Some Open Questions," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(1), pages 107-126.
    • Handle: RePEc:fan:scresc:v:html10.3280/scre2014-001006
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    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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