The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization?
Smart Specialization Strategy (S3) has become a dominant regional economic development field with significant policy traction, in particular within the European Union. However, questions are being raised about its operationalization and a gap has been identified with respect to the role of innovatio...
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| Format: | Article |
| Language: | English |
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The Institute of Economics, Zagreb
2019-01-01
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| Series: | Croatian Economic Survey |
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| Online Access: | https://hrcak.srce.hr/file/332987 |
| _version_ | 1827282601269788672 |
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| author | Matjaz Vidmar |
| author_facet | Matjaz Vidmar |
| author_sort | Matjaz Vidmar |
| collection | DOAJ |
| description | Smart Specialization Strategy (S3) has become a dominant regional economic development field with significant policy traction, in particular within the European Union. However, questions are being raised about its operationalization and a gap has been identified with respect to the role of innovation intermediaries’ interventions in support of the developing regional-sectoral innovation systems. In particular, reasons for diverging policy approaches of “niche specialization” versus “regional advantage” in comparable situations should be examined to illuminate the contextual factors impacting the interpretation of the intermediaries’ mandates. In this paper, the cases of two leading investments in innovation intermediation in the emerging New Space sector are analyzed (Space-SI and Higgs Centre for Innovation) in two EU NUTS level 1 regions (Slovenia and Scotland), which were previously peripheral players in this technological domain. In particular, using a novel innovation intermediation interventions’ classification, this paper identifies the difference between research and development (R&D) and business development (BD) support foci in the two locales, noting some of the contextual factors associated with them and arguing for the long-term balancing of the two approaches. |
| first_indexed | 2024-04-24T09:22:00Z |
| format | Article |
| id | doaj.art-f22237e9f3a24023b275803d1a56962c |
| institution | Directory Open Access Journal |
| issn | 1330-4860 1846-3878 |
| language | English |
| last_indexed | 2024-04-24T09:22:00Z |
| publishDate | 2019-01-01 |
| publisher | The Institute of Economics, Zagreb |
| record_format | Article |
| series | Croatian Economic Survey |
| spelling | doaj.art-f22237e9f3a24023b275803d1a56962c2024-04-15T15:52:25ZengThe Institute of Economics, ZagrebCroatian Economic Survey1330-48601846-38782019-01-01212378410.15179/ces.21.2.2The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization?Matjaz Vidmar0Science, Technology and Innovation Studies, The University of Edinburgh, United KingdomSmart Specialization Strategy (S3) has become a dominant regional economic development field with significant policy traction, in particular within the European Union. However, questions are being raised about its operationalization and a gap has been identified with respect to the role of innovation intermediaries’ interventions in support of the developing regional-sectoral innovation systems. In particular, reasons for diverging policy approaches of “niche specialization” versus “regional advantage” in comparable situations should be examined to illuminate the contextual factors impacting the interpretation of the intermediaries’ mandates. In this paper, the cases of two leading investments in innovation intermediation in the emerging New Space sector are analyzed (Space-SI and Higgs Centre for Innovation) in two EU NUTS level 1 regions (Slovenia and Scotland), which were previously peripheral players in this technological domain. In particular, using a novel innovation intermediation interventions’ classification, this paper identifies the difference between research and development (R&D) and business development (BD) support foci in the two locales, noting some of the contextual factors associated with them and arguing for the long-term balancing of the two approaches.https://hrcak.srce.hr/file/332987smart specializationinnovation intermediariesinnovation policyinnovation networksNew Space industry |
| spellingShingle | Matjaz Vidmar The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization? Croatian Economic Survey smart specialization innovation intermediaries innovation policy innovation networks New Space industry |
| title | The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization? |
| title_full | The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization? |
| title_fullStr | The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization? |
| title_full_unstemmed | The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization? |
| title_short | The Ten Million Euro Question: How Do Innovation Intermediaries Support Smart Specialization? |
| title_sort | ten million euro question how do innovation intermediaries support smart specialization |
| topic | smart specialization innovation intermediaries innovation policy innovation networks New Space industry |
| url | https://hrcak.srce.hr/file/332987 |
| work_keys_str_mv | AT matjazvidmar thetenmillioneuroquestionhowdoinnovationintermediariessupportsmartspecialization AT matjazvidmar tenmillioneuroquestionhowdoinnovationintermediariessupportsmartspecialization |