Regional Innovation Strategies 3 (RIS3) 2018
DOI: 10.4324/9781315180021-1
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From theory to practice in smart specialization strategy: emerging limits and possible future trajectories

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Cited by 30 publications
(52 citation statements)
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“…There is a growing recognition that our S3 understanding has to shift attention from theory (design) to practice (implementation); for example, see the work of (Gianelle et al 2014;Capello and Kroll 2016;McCann, Van Oort, and Goddard 2016). At a theoretical level, the value of S3 has been well embedded in the regional innovation agenda (OECD 2013b;McCann, Van Oort, and Goddard 2016), concentrating both policymaking and academic interest.…”
Section: Implementing S3: Critical Research In Progressmentioning
confidence: 99%
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“…There is a growing recognition that our S3 understanding has to shift attention from theory (design) to practice (implementation); for example, see the work of (Gianelle et al 2014;Capello and Kroll 2016;McCann, Van Oort, and Goddard 2016). At a theoretical level, the value of S3 has been well embedded in the regional innovation agenda (OECD 2013b;McCann, Van Oort, and Goddard 2016), concentrating both policymaking and academic interest.…”
Section: Implementing S3: Critical Research In Progressmentioning
confidence: 99%
“…In this regard, inefficiency takes the form of a less systematic implementation of the entrepreneurial discovery where efforts to identify new entrepreneurial opportunities for the regions will be limited and rather weak. In this respect, almost any S3 study highlights that the self-discovery process requires constant and in-depth investigations which cannot be merely based on the outcome of temporary inter-organisational linkages, see for instance Capello and Kroll (2016). Rather, it should be based on processes where all participatory bodies will be oriented to develop strong networking capacity for building meaningful inter-organisational linkages for the purpose of S3.…”
Section: Networking Capabilities At the Institutional Levelmentioning
confidence: 99%
“…Despite the fact that the importance of targeting related domains in the implementation of S3 is widely acknowledged, only a minority of regions addressed the question of relatedness in choosing the specialisation domains and none of them attempted to use specific measures of relatedness (Capello & Kroll, ; Iacobucci, ; Iacobucci & Guzzini, ). There are two main reasons for this fact.…”
Section: S3 and The Concept Of Relatedness: Theoretical Arguments Andmentioning
confidence: 99%
“…The goal of such policies is not to make the industry structure of regions more specialised (or less diverse) but rather to build on the existing strengths of a region as reflected in the common processes and skills used by the region's firms (Balland et al, 2018). Capello and Kroll (2016) noted that there are six elements that must be present for smart specialisation to take place: (i) entrepreneurial spirit, (ii) industrial diversity, (iii) high quality local governance, (iv) a critical mass of capabilities to develop collective learning processes, (v) adequate market potential, and (vi) industry connectedness. Foray (2014) argues that smart specialisation is essentially a spontaneous process and that the role of smart specialisation policy is to identify the market and coordination failures that are likely to impede that spontaneity.…”
Section: Related Variety and Smart Specialisationmentioning
confidence: 99%