EconPapers    
Economics at your fingertips  
 

Reinforcing comparative monitoring of Smart Specialisation performance across European regions: transnational RIS3 observatory model as a tool for Smart Specialisation governance

Christopher Meyer () and Christopher Meyer ()
Additional contact information
Christopher Meyer: Hochschule Wismar, University of Applied Sciences, Technology, Business and Design, Germany
Christopher Meyer: Tallinn University of Technology, Estonia

Entrepreneurship and Sustainability Issues, 2020, vol. 8, issue 2, 1386-1400

Abstract: Smart Specialisation is dedicated to be a key driving force for entrepreneurial discovery and innovation in the European innovation policy paradigm in line with the European Strategy 2020 and the funding period 2014-2020. At the current stage, all EU NUTS-2 regions are monitoring their individually developed Regional Innovation Strategies on Smart Specialisation (RIS3) including monitoring systems that are needed to adjust upcoming future RIS3 strategies in the new funding periods. Despite the thematic topicality, the procedure of RIS3 evaluation and monitoring lacks a sound supra-regional approach when it comes to RIS3 implementation performance governance and institutional arrangements across all European regions. In fact, the blurring of RIS3 monitoring can be traced back to the policy nature that monitoring systems are set up, implemented and evaluated on individual regional and or national basis including a set of regionally tailored regional and national indicators. With regard to the policy challenges and research gaps of developing, and, later, using a joint macro-regional systemic institutional approach towards RIS3 implementation and monitoring, this paper provides a conceptual model for RIS3 performance, evaluation and monitoring governance based on case study analysis, best practices from RIS3 research and policy stakeholders’ interviews. It is intended to serve as a comprehensive and comparative governance model on regional, national and European level, which fosters the institutional thickness and institutional multi-level horizontal cooperation among institutions involved in RIS3 performance and monitoring implementation. Within the empirical narrative, 10 NUTS-2 regions within the INTERREG Central Europe Programme area and in the frame of the “SMART_watch” project were subject to the analysis pertaining to their strategy design, priority axes and monitoring indicators. As a result, the so-called Transnational RIS3 Observatory Model was designed, which yields conceptual linkages to theoretical concepts using cluster theories as well as builds upon practical policy-driven approaches mushrooming in the innovation policy paradigm of the European Union. Furthermore, recommendations to foster the RIS3 policy implementation in the upcoming funding period are introduced in line with the setup of the observatory structure and its institutional embeddedness.

Keywords: smart specialisation; RIS3 evaluation and monitoring; RIS3 observatory; transnational model; regional development; RIS3 governance (search for similar items in EconPapers)
JEL-codes: O21 O32 O36 P25 P35 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://jssidoi.org/jesi/uploads/articles/30/Meyer ... ation_governance.pdf (application/pdf)
https://jssidoi.org/jesi/article/763 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2020:i:2:p:1386-1400

DOI: 10.9770/jesi.2020.8.2(81)

Access Statistics for this article

Entrepreneurship and Sustainability Issues is currently edited by Manuela Tvaronaviciene

More articles in Entrepreneurship and Sustainability Issues from VsI Entrepreneurship and Sustainability Center
Bibliographic data for series maintained by Manuela Tvaronaviciene ().

 
Page updated 2025-03-20
Handle: RePEc:ssi:jouesi:v:8:y:2020:i:2:p:1386-1400