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Innovation Clusters, Tools To Promote And Support Regional Smart Specialization

Author

Listed:
  • Cristina GANESCU

    (Constantin Brâncoveanu University of Pitesti, Romania)

  • Cristina SERBANICA

    (Constantin Brâncoveanu University of Pitesti, Romania)

  • Sebastian ENE

    (Constantin Brâncoveanu University of Pitesti, Romania)

  • Iuliana TALMACIU

    (Constantin Brâncoveanu University of Pitesti, Romania)

Abstract

Smart regional specialization is a concept promoted through the Europe 2020 Strategy that aims to increase the efficiency of the use of European funds for research, development and innovation. Innovation clusters are development tools for businesses in less developed regions of the European Union that can associate and cooperate to create networking opportunities and develop partnerships for investment in research, development, innovation, and technology transfer. The analysis of the potential to develop innovation clusters at the level of the less developed regions in Central and Eastern Europe, using the European Cluster Observatory and the Cluster Stars indicator, helped create a ranking of these regions and identify the economic sectors that play a role in the development of enterprises in the region, in increasing innovation and employment capacities.

Suggested Citation

  • Cristina GANESCU & Cristina SERBANICA & Sebastian ENE & Iuliana TALMACIU, 2019. "Innovation Clusters, Tools To Promote And Support Regional Smart Specialization," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 7-18, May.
  • Handle: RePEc:aio:manmar:v:xvii:y:2019:i:1:p:7-18
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    regional smart specialization; innovation clusters; lagging regions; European Union;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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