Internationalisation of the next Smart Specialisation Strategy: Opportunities and barriers in the Friuli Venezia Giulia region

Oecd

No 2021/09, OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing

Abstract: Smart Specialisation Strategy is a place-based EU policy that seeks to enhance regional competitiveness through leveraging and bolstering innovation in the selected priority areas (industries or technologies) in each region. The new iteration of S3 requires developing cross-border collaborations with regions possessing complex and complementary technological expertise currently missing in a region to upgrade its technological evolution. The reason for this is that new growth opportunities arise from recombining existing technological capabilities while more complex technologies offer strong competitive advantage. This paper presents a simple roadmap for regional S3 internationalisation and the results of an in-depth case study on the opportunities for and barriers to S3 internationalisation in Friuli Venezia Giulia (FVG), a region in the North East of Italy. The paper develops recommendations on how to make the most of the Research, Technology, Development and Innovation endowments in FVG through enhancing the innovation-internationalisation nexus in order to improve competitiveness of the region.

Keywords: Friuli Venezia Giulia; regional innovation systems; S3 internationalisation; Smart Specialisation Strategy (S3) (search for similar items in EconPapers)
JEL-codes: O19 O30 R12 R58 (search for similar items in EconPapers)
Date: 2021-11-30
New Economics Papers: this item is included in nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:oec:cfeaaa:2021/09-en

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