Constructing Regional Advantage and Smart Specialisation: Comparison of Two European Policy Concepts

Ron Boschma ()

SCIENZE REGIONALI, 2014, vol. 2014/1, issue 1, 51-68

Abstract: This paper discusses two influential policy concepts at the European level that aim to promote economic diversification of regions, that is the Constructing Regional Advantage concept (CRA) and the Smart Specialisation concept (SS). Both policy frameworks identify and prioritise ?promising? targets for policy intervention, but they do so differently. The SS concept organizes this identification process through entrepreneurial discovery in which entrepreneurs select the domains of future specialisation. The CRA concept focuses on identifying related variety and bottlenecks that prevent related industries in regions to connect and interact. The paper argues that the two policy concepts can provide useful inputs to develop a smart and comprehensive policy design that focuses on true economic renewal in regions.

Keywords: Specializzazione intelligente; costruzione di vantaggi regionali; politiche regionali per la coesione (search for similar items in EconPapers)
JEL-codes: O25 O38 R11 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (68)

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Working Paper: Constructing Regional Advantage and Smart Specialization: Comparison of Two European Policy Concepts (2013)
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