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Cluster - Smart Specialization Relationship?

Florina Popa

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 1, 90-96

Abstract: Knowledge, the adoption of new organizational solutions and new technologies, continuous innovation help ensure the economic development, the competitive advantage, the activity of the research-development sector and the capacity of economies to implement its results being determinant for innovation. The emphasis of the role of territories in terms of competitiveness and innovation has been accompanied by the development of the phenomenon of clusters, a process associated with the new model of territorial development - smart specialization, the goal of which is to increase the efficiency and effectiveness of the economic system, to contribute to sustainable development. The paper refers to the relationship that is created in the regional economic space, between the cluster phenomenon and that of the strategy of smart specialization; in the process of transformation of the regional economy, the smart specialization strategies take over clusters’ policies and clusters integrate activities specific to areas of technological knowledge.

Keywords: cluster; smart specialisation; strategy; competitiveness. (search for similar items in EconPapers)
JEL-codes: O30 R11 (search for similar items in EconPapers)
Date: 2016
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