IDEAS home Printed from https://ideas.repec.org/a/hig/fsight/v13y2019i1p32-47.html
   My bibliography  Save this article

Smart Specialization as a Tool to Foster Innovation in Emerging Economies: Lessons from Brazil

Author

Listed:
  • Anna Bosch

    (George Washington University (USA))

  • Nicholas Vonortas

    (George Washington University (USA))

Abstract

This paper is about the policy concept of smart specialization (RIS3) and its potential for application in emerging economies. This is an important issue as emerging economies continue to struggle against the forces of globalization and targeted investments through RIS3 strategies that may help them boost their (regional) innovation economies. Thus far, RIS3 has mostly been implemented by industrialized EU economies. Due to the structural differences, success in emerging economies may require more extensive groundwork prior to the implementation of an RIS3 strategy. This is specifically noted in the Brazilian example: smart specialization requires careful planning, the country needs to address some of its general issues with lagging innovation before it can focus on successfully implementing an RIS3 strategy. We believe that such an approach would be appropriate for other countries at similar stages of economic development.

Suggested Citation

  • Anna Bosch & Nicholas Vonortas, 2019. "Smart Specialization as a Tool to Foster Innovation in Emerging Economies: Lessons from Brazil," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 13(1), pages 32-47.
    • Handle: RePEc:hig:fsight:v:13:y:2019:i:1:p:32-47
    as

    Download full text from publisher

    File URL: https://foresight-journal.hse.ru/data/2019/04/02/1190796550/3-Vonortas-32-47.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2018. "Doing Business 2018," World Bank Publications - Books, The World Bank Group, number 28608.
    2. McCann, Philip & Ortega-Argilés, Raquel, 2016. "Smart Specialisation: Insights from the EU Experience and Implications for Other Economies," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 36, pages 279-293.
    3. Arne Isaksen & Roman Martin & Michaela Trippl (ed.), 2018. "New Avenues for Regional Innovation Systems - Theoretical Advances, Empirical Cases and Policy Lessons," Springer Books, Springer, number 978-3-319-71661-9, December.
    4. Philip McCann & Raquel Ortega-Argilés, 2016. "The early experience of smart specialization implementation in EU cohesion policy," European Planning Studies, Taylor & Francis Journals, vol. 24(8), pages 1407-1427, August.
    5. Laura Maragna, 2016. "RIO Country Report 2015: Brazil," JRC Research Reports JRC104963, Joint Research Centre.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. E. V. Lukin, 2022. "Regulation of Interregional Value Chains: Problems of Analysis and Modeling," Studies on Russian Economic Development, Springer, vol. 33(1), pages 11-21, February.
    2. N. Yu. Korotina, 2020. "The Smart specialisation’s methodology in overcoming the spatial asymmetry of Russia’s economic federalism," Journal of New Economy, Ural State University of Economics, vol. 21(1), pages 107-121, March.
    3. Agnieszka Janik & Adam Ryszko & Marek Szafraniec, 2020. "Mapping the Field of Smart Specialisation and Regional Innovation Strategy Literature – A Bibliometric Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 655-673.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ron Boschma, 2021. "Designing Smart Specialization Policy: relatedness, unrelatedness, or what?," Papers in Evolutionary Economic Geography (PEEG) 2128, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2021.
    2. Magro, Edurne & Wilson, James R., 2019. "Policy-mix evaluation: Governance challenges from new place-based innovation policies," Research Policy, Elsevier, vol. 48(10).
    3. Javier Gomez Prieto & Patrice dos Santos, 2017. "Smart Specialisation in EU and Chile, challenges and opportunities. Towards a transcontinental policy learning dialogue methodology," JRC Research Reports JRC106872, Joint Research Centre.
    4. Luciana Lazzeretti & Stefania Oliva & Niccolò Innocenti, 2019. "Exploring the role of industrial structure for regional economic resilience," Papers in Evolutionary Economic Geography (PEEG) 1917, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2019.
    5. Csilla Lakatos & Andrea Rucska, 2022. "Health Anxiety Among the Normal Population and Healthcare Professionals in a Highly Disadvantaged Region During Three Waves of COVID-19," European Journal of Social Sciences Articles, Revistia Research and Publishing, vol. 5, ejss_v5_i.
    6. Nahapetyan Yervand, 2019. "The benefits of the Velvet Revolution in Armenia: Estimation of the short-term economic gains using deep neural networks," Central European Economic Journal, Sciendo, vol. 6(53), pages 286-303, January.
    7. Kim, Jinhee & Lee, Keun, 2022. "Local–global interface as a key factor in the catching up of regional innovation systems: Fast versus slow catching up among Taipei, Shenzhen, and Penang in Asia," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    8. Mavisakalyan, Astghik & Tarverdi, Yashar, 2019. "Gender and climate change: Do female parliamentarians make difference?," European Journal of Political Economy, Elsevier, vol. 56(C), pages 151-164.
    9. Miguel A. Márquez & Elena Lasarte & Marcelo Lufin, 2019. "The Role of Neighborhood in the Analysis of Spatial Economic Inequality," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 245-273, January.
    10. Akcomak, Semih & Erdil, Erkan & Cetinkaya, Umut Yılmaz, 2018. "Knowledge convergence in European regions: Towards cohesion?," MERIT Working Papers 2018-027, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    11. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series 56, World Institute for Development Economic Research (UNU-WIDER).
    12. Riccardo Crescenzi & Arnaud Dyèvre & Frank Neffke, 2022. "Innovation Catalysts: How Multinationals Reshape the Global Geography of Innovation," Economic Geography, Taylor & Francis Journals, vol. 98(3), pages 199-227, May.
    13. Croke,Kevin & Garcia Mora,Maria Elena & Goldstein,Markus P. & Mensah,Edouard Romeo & O'Sullivan,Michael B., 2020. "Up before Dawn : Experimental Evidence from a Cross-Border Trader Training at the Democratic Republic of Congo?Rwanda Border," Policy Research Working Paper Series 9123, The World Bank.
    14. Kohnert, Dirk, 2019. "Pas de changement en vue : Le développement politique et socio-économique du Togo (2017 - 2019)," AfricArxiv hvrtm, Center for Open Science.
    15. Pietrobelli, Carlo, 2019. "Modern industrial policy in Latin America: Lessons from cluster development policies," MERIT Working Papers 2019-031, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    16. Régis Blazy & Nirjhar Nigam, 2019. "Corporate insolvency procedures in England: the uneasy case for liquidations," European Journal of Law and Economics, Springer, vol. 47(1), pages 89-123, February.
    17. George Papamichail & Alessandro Rosiello & David Wield, 2023. "Addressing Public Policy Implementation Challenges in Lagging Regions Through the Analytical Lens of Smart Specialisation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 356-381, March.
    18. Veldhuizen, Caroline, 2020. "Smart Specialisation as a transition management framework: Driving sustainability-focused regional innovation policy?," Research Policy, Elsevier, vol. 49(6).
    19. Anthony Harris & Anthony D'Agostino & Sara Litke-Farzaneh & Beryl Seiler & Matt Sloan, "undated". "Morocco Land Productivity Project: Evaluation Design Report," Mathematica Policy Research Reports f3fc788501b64608b17e1cb23, Mathematica Policy Research.
    20. Rafiou Raphaël Bétila, 2021. "The impact of Ease of Doing Business on economic growth: a dynamic panel analysis for African countries," SN Business & Economics, Springer, vol. 1(10), pages 1-34, October.

    More about this item

    Keywords

    smart specialization; science; technology and innovation (STI) policy; regional innovation system; regional development; policy learning; European Union; Brazil;
    All these keywords.

    JEL classification:

    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hig:fsight:v:13:y:2019:i:1:p:32-47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nataliya Gavrilicheva or Mikhail Salazkin (email available below). General contact details of provider: https://edirc.repec.org/data/hsecoru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.