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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Smart Specialisation in the Western Balkans
The wider innovation policy context
The S3 concept provides a new policy approach to the six Western Balkan economies. It holds considerable potential for knowledge-based economic cooperation and can help these economies improve the innovative prospective of their private sectors and to do so in a collective way built on public-private cooperation. Enhancing the innovation potential has been on the policy agenda of the Western Balkan economies for years. Hence, innovation policy-making has led to a number of policy documents and strategies that relate to economic and innovative competitiveness .An analysis of existing strategic frameworks and policy documents for the S3 approach and RIS3 development in the six Western Balkan economies was recently undertaken by national smart specialisation teams and summarised in a Technical report by the JRC.
