How ‘smart’ are smart specialization strategies?
An analysis of regional S3 strategies implemented in the EU to determine their impact and factors influencing effectiveness.
An analysis of regional S3 strategies implemented in the EU to determine their impact and factors influencing effectiveness.
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.
Innovation can provide swift remedies to the COVID-19 linked recession. Policy should contain incentives to innovate in the long-term.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.