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Mapping Montenegro’s potential in the context of Smart Specialisation

Author

Listed:
  • Fabbri Emanuele

    (European Commission - JRC)

  • Innocenti Niccolò
  • Bole Domen
  • Šćepanović Biljana
  • Rakčević Balša
  • Vojinović Ivana
  • Jabučanin Boris
  • Latinović Nedeljko
  • Kojić Jovana
  • Radulović Valentina
  • Laušević-odalović Maja
  • Morić Ilija
  • Zvizdojević Jelena
  • Nikolić Ratko
  • Vujičić Savica
  • Fabbri Emanuele

    (European Commission - JRC)

  • Janković Mijanović Ivana

Abstract

The Smart Specialisation Strategy (S3) is a place-based economic agenda that Montenegro, as the first non-EU country to adopt a strategy based on this framework, is now updating for the 2026–2031 period. This new iteration elevates S3 to a national ‘umbrella’ strategy, utilizing comprehensive quantitative and qualitative mapping to identify the country’s economic, scientific, and innovative strengths. The resulting report serves as an analytical foundation for the upcoming Entrepreneurial Discovery Process (EDP), where stakeholders collaborate to finalize Montenegro’s strategic priority domains. The analysis identifies five preliminary priority areas for Montenegro’s 2026–2031 S3 strategy: Construction, Energy and Sustainable Environment, Sustainable Agriculture and Food, Digital Innovation and Transformation, and Innovative and Sustainable Tourism. While sectors like Construction and Energy are highlighted for their roles in infrastructure and green transitions, the ICT and Tourism sectors stand out as high-growth pillars, contributing significantly to GDP and export potential.

Suggested Citation

  • Fabbri Emanuele & Innocenti Niccolò & Bole Domen & Šćepanović Biljana & Rakčević Balša & Vojinović Ivana & Jabučanin Boris & Latinović Nedeljko & Kojić Jovana & Radulović Valentina & Laušević-odalović, 2026. "Mapping Montenegro’s potential in the context of Smart Specialisation," JRC Research Reports JRC145542, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc145542
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    References listed on IDEAS

    as
    1. Dominique Foray & Xabier Goenaga, 2013. "The goals of Smart Specialisation," JRC Research Reports JRC82213, Joint Research Centre.
    2. RADOVANOVIC Nikola & FABBRI Emanuele & MATUSIAK Monika & CONTE Andrea & SALOTTI Simone & DOSSO Mafini & HOLLANDERS Hugo & MERKELBACH Iris & TOLIAS Yannis & DURAN SILVA Nicolau & FUSTER MARTÍ Enric & M, 2024. "Smart Specialisation in the Western Balkans: potential for knowledge-based economic cooperation," JRC Research Reports JRC136606, Joint Research Centre.
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