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Economic modelling to evaluate Smart Specialisation: an analysis on research and innovation targets in Southern Europe

Author

Listed:
  • Javier Barberoa

    (European Commission, Joint Research Centre (JRC), Seville, Spain)

  • Olga Diukanovaa

    (European Commission, Joint Research Centre (JRC), Seville, Spain)

  • Carlo Gianellea

    (European Commission, Joint Research Centre (JRC), Seville, Spain)

  • Simone Salottia

    (European Commission, Joint Research Centre (JRC), Seville, Spain)

  • Artur Santoalha

    (TIK Centre, University of Oslo, Norway)

Abstract

We make the case for a technology-enabled approach to Smart Specialisation policy making in order to foster its effectiveness by proposing a novel type of economic impact assessment. We use the RHOMOLO model to gauge empirically the general equilibrium effects implied by the Smart Specialisation logic of intervention as foreseen by the policy makers designing and implementing the European Cohesion policy. More specifically, we simulate the macroeconomic effects of achieving the R&D personnel targets planned by a set of Southern European regions. We discuss the implications of the proposed methodology for future assessments of Smart Specialisation.

Suggested Citation

  • Javier Barberoa & Olga Diukanovaa & Carlo Gianellea & Simone Salottia & Artur Santoalha, 2020. "Economic modelling to evaluate Smart Specialisation: an analysis on research and innovation targets in Southern Europe," Working Papers on Innovation Studies 20200525, Centre for Technology, Innovation and Culture, University of Oslo.
    • Handle: RePEc:tik:inowpp:20200525
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    References listed on IDEAS

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