From theory to practice in smart specialization strategy: emerging limits and possible future trajectories

By R. Capello, Henning Kroll. Regional Innovation Strategies 3 (RIS3), 2016

271 citations recorded by the source corpus.

ABSTRACT The smart specialization strategy is now a reality. With regions and nations having completed the technical fulfillment of the ex-ante conditionality and the related action plans, the first evaluation studies have been launched with the aim to assess the consistency of the concept, once moving from the design (theory) to the implementation phase (practice). From these first evaluation exercises, strengths and weaknesses emerge in the way the smart specialization strategy has been conceived that lead to reflections on its possible future adjustment trends. The paper highlights emerging bottlenecks (e.g. the lack of local pre-conditions in the local economy and limits of governance) as well as possible future trajectories to overcome such bottlenecks, like the shift from a compulsory to a voluntary RIS, and from an industry-focused to a territorial development strategies.

Subfields: Economics and Econometrics, Management of Technology and Innovation, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/f19f07d72971bf77818fad3b13b0a2af302dfd14

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Citations in the corpus

Smart specialization policy in the European Union: relatedness, knowledge complexity and regional diversification (2019, background): “We have not focused on the design and implementation of smart specialization policy, and what exact role public agents need to play (Capello & Kroll, 2016; Iacobucci, 2014; Kroll, 2015; Matti, Consoli, & Uyarra, 2017; Moodysson, Trippl, & Zukauskaite, 2016; Valdaliso, Magro, Navarro, Aranguren, &…”
Six critical questions about smart specialization (2019, background): “Capello and Kroll (2016) summarize these obstacles as lack of interest, lack of ability and general politics.”