cover image: Smart Specialisation Strategies (S3): advancing regional innovation policies • D. Foray

20.500.12592/jjhv96

Smart Specialisation Strategies (S3): advancing regional innovation policies • D. Foray

19 Dec 2022

There is a planning logic in S3 – selecting a priority represents the embryo of a plan - but the plan recognizes the existence of uncertainty and inability of the Government to get all necessary information at a high level of granularity Hence the other logic, that of entrepreneurial discovery (EDP) – «a discovery process – one where firms and the government learn about constraints, problems and o. [...] Hall com Not only (and perhaps not essentially) for top regions! 23 S3 for whom? For all – including regions with low innovation capacity ▪ The goal of S3 is contributing to economic and social development ▪ “the expansion of capacities that contribute to the advancement of society through the realization of individuals, firms, communities potentials. [...] ▪ R&D and innovation: indivisibilities, scale and agglomeration economies ▪ Markets alone can’t solve it – need for place-based interventions ▪ US place-based policies ▪ S3 at the avant garde of place-based interventions ▪ Grand challenges which require regional responses 29 S3 and partnerships ▪ Identifying priorities and supporting the formation of place-based systems of innovation based on an E. [...] Hausmann and Rodrik) – but little warning: EDP needs some framing (in S3: priorities frame the EDP) 30 ▪ Complex approach, difficult to handle, not ready to wear but haute couture What did ▪ The identification of specific transformational goals and the construction we of roadmaps require very detailed understanding of coordination problems and specific inputs – which are needed to innovate within. [...] ▪ S3 as novel policy narrative – S3 becomes mainstream ▪ S3 demands high engagement and competences by the public sector and public agencies – and high commitment from relevant stakeholders ▪ But such challenges is also its strength: if well designed and implemented - S3 can mobilize a regional economy and society around a unique project of transformation and transition ?.

Authors

Andrea Wagner

Pages
32
Published in
Luxembourg