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Developing and implementing a smart specialisation strategy at regional level: some open questions

  • Donato Iacobucci

    ()

    (Dept. of Information Engineering Università Politecnica delle Marche, Italy)

The smart specialisation strategy (S3) requires the identification in each region of one or more thematic areas where R&D and innovation policy should be focused on to create and sustain a competitive advantage. Not necessarily the chosen areas will belong to the core, general purpose technology that are generally identified as high-tech sectors (ICT, biotech, etc.). For most of the (peripheral) regions the application of the S3 will involve the identification of production domains in which general purpose technology can be applied and adapted. The aim of this paper is to discuss the theoretical underpinning of the S3, focusing the analysis on three concepts: embeddedness, relatedness and connectivity. The analysis is carried out by reviewing the available documents about the definition and implementation of the smart specialisation strategy and the early proposals developed by some European regions. S3 is an important advancement in the design of regional innovation policy. A better clarification of its theoretical basis and implementation problems can improve its effectiveness.

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File URL: http://193.205.129.80/repec/cme/wpaper/cmetwp_15_2012.pdf
File Function: First version, 2012
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Paper provided by c.MET-05 - Centro Interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione in its series Working Papers with number 1215.

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Length: 20 pages
Date of creation: Dec 2012
Date of revision: Nov 2013
Handle: RePEc:cme:wpaper:1215
Contact details of provider: Web page: http://www.cmet05.it

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  1. Ron Boschma & Asier Minondo & Mikel Navarro, 2010. "Related variety and regional growth in Spain," Papers in Evolutionary Economic Geography (PEEG) 1012, Utrecht University, Section of Economic Geography, revised Oct 2010.
  2. Frank Neffke & Martin Henning & Martin Ron Boschma, 2009. "How do regions diversify over time? Industry relatedness and the development of new growth paths in regions," Papers in Evolutionary Economic Geography (PEEG) 0916, Utrecht University, Section of Economic Geography, revised Oct 2009.
  3. C. A. Hidalgo & B. Klinger & A. -L. Barabasi & R. Hausmann, 2007. "The Product Space Conditions the Development of Nations," Papers 0708.2090, arXiv.org.
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