Operationalizing smart specialization in a Portuguese follower region

The inability of the European Union (EU) to grow has raised questions regarding the effectiveness of competitiveness and growth policies. To increase efficacy, the EU has determined that regions must undergo an exercise in smart specialization and devise a strategy for the same. However, particularl...

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Main Authors: Almeida Alexandre, Afonso Óscar, Silva Mario Rui
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2022-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2022/1452-595X2000014A.pdf
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author Almeida Alexandre
Afonso Óscar
Silva Mario Rui
author_facet Almeida Alexandre
Afonso Óscar
Silva Mario Rui
author_sort Almeida Alexandre
collection DOAJ
description The inability of the European Union (EU) to grow has raised questions regarding the effectiveness of competitiveness and growth policies. To increase efficacy, the EU has determined that regions must undergo an exercise in smart specialization and devise a strategy for the same. However, particularly in follower regions facing severe locked-in problems and structural bottlenecks, the application of smart specialization may require adjustments and a more dynamic vision, especially with regard to the follower regions. Furthermore, many operational issues arise in the programming and policy-devising stages. This article aims to contribute to this debate by proposing a framework to guide the selection of priorities and by applying the proposed framework to the Portuguese North region.
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spelling doaj.art-ee5b5d7e2ed142928e6c7286e1cb75c92022-12-21T20:14:16ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862022-01-016919911910.2298/PAN181109014A1452-595X2000014AOperationalizing smart specialization in a Portuguese follower regionAlmeida Alexandre0Afonso Óscar1Silva Mario Rui2University of Porto, Faculty of Economics, Porto, PortugalUniversity of Porto, Faculty of Economics, Center for Economics and Finance, Porto, PortugalUniversity of Porto, Faculty of Economics, Porto, PortugalThe inability of the European Union (EU) to grow has raised questions regarding the effectiveness of competitiveness and growth policies. To increase efficacy, the EU has determined that regions must undergo an exercise in smart specialization and devise a strategy for the same. However, particularly in follower regions facing severe locked-in problems and structural bottlenecks, the application of smart specialization may require adjustments and a more dynamic vision, especially with regard to the follower regions. Furthermore, many operational issues arise in the programming and policy-devising stages. This article aims to contribute to this debate by proposing a framework to guide the selection of priorities and by applying the proposed framework to the Portuguese North region.http://www.doiserbia.nb.rs/img/doi/1452-595X/2022/1452-595X2000014A.pdfsmart specializationinnovation policyregional innovation systemsfollower regions
spellingShingle Almeida Alexandre
Afonso Óscar
Silva Mario Rui
Operationalizing smart specialization in a Portuguese follower region
Panoeconomicus
smart specialization
innovation policy
regional innovation systems
follower regions
title Operationalizing smart specialization in a Portuguese follower region
title_full Operationalizing smart specialization in a Portuguese follower region
title_fullStr Operationalizing smart specialization in a Portuguese follower region
title_full_unstemmed Operationalizing smart specialization in a Portuguese follower region
title_short Operationalizing smart specialization in a Portuguese follower region
title_sort operationalizing smart specialization in a portuguese follower region
topic smart specialization
innovation policy
regional innovation systems
follower regions
url http://www.doiserbia.nb.rs/img/doi/1452-595X/2022/1452-595X2000014A.pdf
work_keys_str_mv AT almeidaalexandre operationalizingsmartspecializationinaportuguesefollowerregion
AT afonsooscar operationalizingsmartspecializationinaportuguesefollowerregion
AT silvamariorui operationalizingsmartspecializationinaportuguesefollowerregion