| Author (Corporate) | European Commission: DG Regional Policy |
|---|---|
| Publisher | EU |
| Series Title | Factsheet |
| Series Details | February 2012 |
| Publication Date | February 2012 |
| Content Type | Overview |
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The European Commission adopted legislative proposals for cohesion policy for 2014-2020 in October 2011. This factsheet is one in a series highlighting key elements of the future approach. National/Regional Research and Innovation Strategies for Smart Specialisation (RIS3 strategies) are integrated, place-based economic transformation agendas that do five important things: »»They focus policy support and investments on key national/regional priorities, challenges and needs for knowledge-based development. »»They build on each country/region’s strengths, competitive advantages and potential for excellence. »»They support technological as well as practice-based innovation and aim to stimulate private sector investment. »»They get stakeholders fully involved and encourage innovation and experimentation. »»They are evidence-based and include sound monitoring and evaluation systems. |
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| Source Link | Link to Main Source http://ec.europa.eu/regional_policy/sources/docgener/informat/2014/smart_specialisation_en.pdf |
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| Subject Categories | Politics and International Relations |
| Countries / Regions | Europe |
