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Linking the ‘Recovery and Resilience Plan’ and Smart Specialisation. The Portuguese Case

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Abstract

Based on the case study of Portugal, the present study aims to analyse the alignment of investments in the Portuguese ‘Recovery and Resilience Plan’ with the Smart Specialisation Strategies priorities (2021-2027) of this territory, and then identify opportunities for potential synergies and complementary between funding instruments. With the information available in the Plan and its annex, a detailed analysis is performed to identify investments able to enhance Research & Development, and Innovation and/or to improve the regional innovation eco-systems. The analysis shows that up to €6 Billion of the Plan (37%) may potentially support directly and indirectly the Smart Specialisation in Portugal. However, the effect of such contribution will strongly depend on the final beneficiaries, projects selected, absorption capacity, and governance model. The paper also explains the relevance of Smart Specialisation in the Covid-19 recovery and draft some policy recommendations.

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  • Anabela Santos, 2021. "Linking the ‘Recovery and Resilience Plan’ and Smart Specialisation. The Portuguese Case," JRC Working Papers on Territorial Modelling and Analysis 2021-05, Joint Research Centre.
    • Handle: RePEc:ipt:termod:202105
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    More about this item

    Keywords

    Covid-19 crisis; Innovation; Government Policy; Portugal.;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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