An Assessment on the Necessity of Continuous Innovation Ecosystems Via Multidisciplinary Smart Specialties Approach

Abstract

Smart specialization, one of the newest paradigms, provides new insights and priorities to entrepreneurs and companies by supporting economic and technological activities and strengthening existing scientific and industrial specialization models. This study argues that a multidisciplinary approach to innovation and smart specialties from economics, religion, and business domains should be applied to evaluate the smart specialization strategy and development process, a new system within regional innovation, and sustainable development approaches. Therefore, in this article, holistic innovation modeling is carried out by focusing on the definitions of innovative regional development strategies and necessary policies, and by considering the basic elements of the smart specialization strategy related to innovation and sustainable development.