When considered individually, most of those activities represent suitable smart specialisation priorities. The Commission also promotes the increased use of financial instruments that enhance risk-sharing. This relationship is so close that the two expressions are often used as synonyms. They facilitate the creation of new businesses via incubation and spin-off mechanisms, and accelerate the growth of small and medium size companies, and work in a global network that gathers many thousands of innovative companies and research institutions throughout the world, facilitating the internationalisation of their resident companies. Handle: RePEc:ipt:iptwpa:jrc as.
is an innovation policy concept that aims to boost regional innovation, contributing to growth and prosperity by helping and enabling regions to focus on their strengths. Country fiches – Smart specialisation in your country Key elements of Smart Specialisation Strategies. A strategy for smart Defining priorities in a S3.
Smart Specialisation at work Assessing investment priorities
Smart specialisation is an innovative approach that aims to boost growth and jobs in Europe, by enabling each Define a shared vision for regional innovation.
The role of science and business parks in S3 The RIS3 Guide highlights the important role to be played by all innovation actors in the S3 process.
It is up to the Member States to decide what suits them best, in light of their governance structures. Business innovation has by definition a higher risk than non-innovative activities, but when successful is likely to render higher returns for investment, jobs and growth. However, our analysis raises an important question about the capacity of the strategy management bodies to effectively support the development of huge sets of activities each of which potentially requires specific competences and dedicated administrative and technical resources.
The RIS3 Guide highlights the important role to be played by all innovation actors in the S3 process.
What is Smart Specialisation – City REDI Blog
Social, organisational, market and service innovation, or practice-based innovation, play as important a role in S3 as technological innovation based on scientific research. Including actions or policies not linked to EU funds in a S3 This will be even necessary in most cases.
KEYWORDS: regional innovation policy, Smart Specialisation, Combinations of dimensions in the definition of Smart Specialisation priorities. KEYWORDS: Smart specialization, institutions, institutional The present article follows a more specific definition of institutions distinct from.
In this example, employment growth due to business innovation may not materialise within the programming period, and to use this as an indicator may be counterproductive.
Definition of the day Smart Specialisation Strategy Marie Curie Alumni Association
A key feature of S3 is its reliance on collaborative leadership. Defining priorities in a S3 A S3 should prioritise domains, areas and economic activities where regions or countries have a competitive advantage or have the potential to generate knowledge-driven growth and to bring about the economic transformation needed to tackle the major and most urgent challenges for the society and the natural and built environment.
Video: Smart specialisation definition Dominique Foray on smart specialisation
Before defining what is meant by success or failure, it is useful to distinguish between innovation activities of firms, and innovative measures of support providers, including public bodies. If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. We found that research and innovation priorities in Italy and Poland are defined in line with a multi-level, tree-like structure whose higher hierarchical level usually contains a few broad dimensions, and whose branches cover several specific activities.
Video: Smart specialisation definition What is smart specialisation?
Implementing S3: the need for information on the policy mix A S3 needs to outline the policy mix EU funded and other that will be used for its implementation; mere political visions and objectives are not enough.
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|Priority setting requires a certain degree of experimentation with new policy tools, ideally through pilot projects during the process of elaboration and modification of the S3.
Knowledge alone does not necessarily generate per se economic value of the sort reflected in GDP or total welfare estimates.
A key feature of S3 is its reliance on collaborative leadership. The essence of the EDP lies in its interactive nature that brings the different actors together in a participatory leadership process to carve out jointly the smart specialisation fields and develop a suitable policy mix to implement them.
The analysis should take into account the economic context with a place-based focus complemented by an outward-looking dimension. To put it in a nutshell, a promising niche in a business environment is the counterpart of a promising domain in the pursuit of knowledge and innovative ideas.