National/Regional Innovation Strategies for Smart Specialisation

Author (Corporate)
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Series Title
Series Details February 2012
Publication Date February 2012
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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.

Source Link http://ec.europa.eu/regional_policy/sources/docgener/informat/2014/smart_specialisation_en.pdf
Related Links
ESO: Background Information: Europe 2020 http://www.europeansources.info/record/europe-2020-strategy/
ESO: Background Information: Cohesion Policy 2014 - 2020. Investing in growth and jobs http://www.europeansources.info/record/cohesion-policy-2014-2020-investing-in-growth-and-jobs/

Subject Categories
Countries / Regions