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Powering Synergies Between Innovation Policy and Regional Development Frameworks: The Case of Smart Specialisation

  • Dimitri CorpakisEmail author
Conference paper
Part of the Lecture Notes in Civil Engineering book series (LNCE, volume 43)

Abstract

The case study refers in principle to the whole of the European Union, since it addresses synergies between two critical policies with strong potential for Triple Helix interactions. It focuses on the importance of increased coordination between two significant European Union policy frameworks, namely the one on Research and Innovation and the other on Regional Development (Cohesion Policy funding through the European Structural and Investment Funds). This is illustrated through the policy background of the current programming period (2014–2020) that placed Smart Specialisation as a key ex-ante conditionality for the deployment of regional innovation plans to be funded through Cohesion Policy. Research and Innovation Strategies for Smart Specialisation, (RIS3) have emerged as key enabler for an effective coordination between the two policy frameworks. To make this process a success, national and regional governments, universities and businesses had to engage at national and local level through the so-called Entrepreneurial Discovery Process (EDP), a key step for prioritising investment. EDP lends itself to a real Triple Helix structural component and its success is heavily dependent on an efficient articulation of all layers and stakeholders involved. The case study addresses these issues in detail and identifies the critical determinants for success through specific real-world examples located primarily in the European Union.

Keywords

Knowledge-based economies Innovation and entrepreneurship Funding strategies and priority identifications 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.BrusselsBelgium

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