New Indicators of Smart Specialization: A related diversification approach applied to European Regions

Artur Santoalha
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Artur Santoalha: TIK Center for Technology, Innovation and Culture, University of Oslo, Norway

No 20161220, Working Papers on Innovation Studies from Centre for Technology, Innovation and Culture, University of Oslo

Abstract: This paper proposes two new indicators of S3 (Smart Specialization) to investigate where different European regions stand in terms of this policy concept. The first indicator is designed to quantitatively rank regions in a given year, and the other is elaborated to capture the evolution of S3 over time. The suggested indexes are based on the concept of technological relatedness, and applied to the case of European regions (NUTS 2) by means of the OECD REGPAT database. The results suggest that the process of S3 is more developed in regions located at the core of the European continent, as well as in Northern European regions. In contrast, the regions located in Southern and Eastern Europe persistently present lower scores than other European regions.

Pages: 43 pages
Date: 2016-12
New Economics Papers: this item is included in nep-geo and nep-ino
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Citations: View citations in EconPapers (2)

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