A foresight toolkit for smart specialization and entrepreneurial discovery

Gheorghiu, Radu; Andreescu, Liviu; Curaj, Adrian

doi:10.1016/j.futures.2016.04.001

Cited by 40 publications

(31 citation statements)

References 23 publications

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“…The article "A foresight toolkit for smart specialisation and entrepreneurial discovery" by Gheorghiu, Andreescu, and Curaj (2015) presents a set of prospective tools for smart specialisation and entrepreneurial discovery as well as setting out a detailed and complete plan.…”

Section: Mieszkowski Andmentioning

confidence: 99%

Innovation strategies for smart specialisation (RIS3): Past, present and future research

2018

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The recent change in the regional development strategy of the European Union (EU) results in an important need to study the terms of change and their respective implications. This study seeks, through a bibliometric analysis, to ascertain the developments taking place in studies on research and innovation strategies for smart specialisation (RIS3) to identify shortcomings and opportunities for future research. This bibliometric review drew upon the Scopus database with the sample selected containing all the articles containing the keywords “Research and Innovation Strategies for Smart Specialisation” or “RIS3.” This correspondingly reports how some authors maintain that the path the EU should take involves imitative innovation. Meanwhile, others propose that each region should specialise in those industries that are already established there and thus avoid targeting any areas they do not already know/specialise in. Our findings detail six clusters in RIS3 research, which help in contextualising the literature review: (a) business discovery; (b) smart specialisation; (c) innovation; (d) specialisation; (e) regional policies; and (f) regional development. This study furthermore sets out perspectives for future lines of research and correspondingly seeks to convey a vast theoretical basis that may serve as the point of departure for future studies.

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Section: Mieszkowski Andmentioning

confidence: 99%

Innovation strategies for smart specialisation (RIS3): Past, present and future research

2018

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“…Despite the centrality of EDP to smart specialization context, the operationalization of EDP has remained a major challenge (Fellnhofer, 2017;Gheorghiu, Andreescu & Curaj, 2016;Kyriakou, Palazuelos Martinez, Periáñez-Forte & Rainoldi, 2017;OECD, 2014;Roman & Nyberg, 2017). The risk is that policymakers turn smart specialization policy into another top-down planning process, as they fail to understand or neglect the principle of EDP (Foray, 2017).…”

Section: Mona Roman Timo Nyberg Openness and Continuous Collaboratmentioning

confidence: 99%

Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions

Roman

Nyberg

2017

MDKE

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“…This critical aspect of smart specialization has been lacking in many scientific articles, which have analysed and elaborated smart specialization strategy in the European Union (see e.g. Jucevicius, Galbuogiene 2014; Sipilova 2015; Gule 2015; Paliokaite et al 2015;Paliokaite et al 2016;Gheorghiu et al 2016). We shall provide a new empirical tool package for the analysis of smart specialization strategy in the European Union.…”

Section: Introductionmentioning

confidence: 99%

Smart Specialization Strategy and its Operationalization in the Regional Policy: Case Finland

Kaivo‐oja

Vähäsantanen²,

Karppinen

et al. 2017

Business, Management and Education

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In the European Union, smart specialization is an important concept in regional policy. Its primary aim is to achieve inclusive and sustainable economic growth. There is a lack of convenient region specific measures to operationalize smart specialization startegies (S3). The purpose of the paper is to find “indices of smart specialization” on a regional level. We propose indices that are based on (1) the rate of industrial diversification, (2) revealed comparative advantage and (3) regions’ overall relative specialization. In the empirical part, we analyze smart specialization in Finland using structural data provided by Statistics Finland for seventy sub-regions (LAU1) and 24 sub-industries in manufacturing. These industries are the most important for exports, productivity, and regional economic performance for a small country. The following indices are used in empirical evaluations: Herfindahl-Hirschman Index (HHI) for regional diversity, Balassa-Hoover Index (BHI) for revealed comparative advantage, and Region’s Relative Specialization Index (RRSI) for aggregate regional specialization differences. The concept of smart specialization is related to these measures. Index analyses reveal that many growing sub-regions have similar comparative advantages. This means inter-regional synergy, and it enables opportunities for strategic cooperation between regions. To develop smart specialization strategies for Europe’s regions, we need these kinds of empirical knowledge-based management tools and planning approaches.

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A foresight toolkit for smart specialization and entrepreneurial discovery

Cited by 40 publications

References 23 publications

Innovation strategies for smart specialisation (RIS3): Past, present and future research

Innovation strategies for smart specialisation (RIS3): Past, present and future research

Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions

Smart Specialization Strategy and its Operationalization in the Regional Policy: Case Finland

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