Smart Specialisation
Smart specialisation strategies (RIS 3 or S3) are about enabling regions to turn their needs, strengths and competitive advantages into marketable goods and services. They aim to prioritise public research and innovation investments through a bottom up approach for the economic transformation of regions, building on regional competitive advantages and facilitating market opportunities in new inter-regional and European value chains. They help regions to anticipate, plan and accompany their pr...
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How should WB countries “smartly specialise"?
What difficulties to expect and how to overcome them?
Smart specialisation (S3) is an increasingly popular and worldwide spreading innovation policy concept. In the EU, under the umbrella of EU Cohesion Policy since 2014, the submission of S3 strategies has effectively become a requirement for regions or coun
tries.
On the contrary, for Western Balkan Countries (WBC), Smart Specialisation is not an ex ante conditionality like it is for the EU Member States and this explains why WBC are just currently embarking on their process of drafting smart specialisation strategies. The process leading to the development of a S3 strategy includes the so-called entrepreneurial discovery process (EDP) and judging from the example of EU regions and countries in pursuing their EDPs but also from prior participative public-private policy-making processes such as cluster policy, WBC will most likely encounter some of the typical problems...
