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Smart Specialisation Strategy in practice: have regions changed the allocation of Structural Funds?

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  • Diego D’Adda
  • Donato Iacobucci
  • Francesco Perugini

Abstract

This paper evaluates to what extent the implementation of Smart Specialisation Strategy (S3) has changed the allocation of Structural Funds of Italian regions in the programming period 2014–20. Given the novelties introduced by this policy, we expect an increase in the sectoral and technological concentration of funds, a higher share assigned to research and technological development, and a stronger involvement of universities and research centres in the projects funded by regional authorities. In the empirical analysis, we exploit OpenCoesione, an original database that tracks all the projects funded with European Union Cohesion Funds in Italy. We compare the characteristics of the projects managed by regional authorities in two consecutive programming periods, namely, the one following and the one preceding S3 policy and implementation. The results show that changes between the two programming periods are modest and heterogeneous between regions. Overall, there is no strong evidence of any substantial change in how regions have allocated Structural Funds.

Suggested Citation

  • Diego D’Adda & Donato Iacobucci & Francesco Perugini, 2022. "Smart Specialisation Strategy in practice: have regions changed the allocation of Structural Funds?," Regional Studies, Taylor & Francis Journals, vol. 56(1), pages 155-170, January.
    • Handle: RePEc:taf:regstd:v:56:y:2022:i:1:p:155-170
    DOI: 10.1080/00343404.2021.1890326
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    Cited by:

    1. Angela Wigger, 2023. "The New EU Industrial Policy and Deepening Structural Asymmetries: Smart Specialisation Not So Smart," Journal of Common Market Studies, Wiley Blackwell, vol. 61(1), pages 20-37, January.
    2. Francesco Cappellano & Francesco Molica & Teemu Makkonen, 2024. "Missions and Cohesion Policy: is there a match?," Science and Public Policy, Oxford University Press, vol. 51(3), pages 360-374.
    3. Maximilian Benner, 2022. "An institutionalist perspective on smart specialization: Towards a political economy of regional innovation policy [Place-based Policy and Politics]," Science and Public Policy, Oxford University Press, vol. 49(6), pages 878-889.
    4. Evgeny N. Starikov & Marina V. Evseeva & Ilya V. Naumov, 2022. "Industrial growth and specialisation: The impact of the government support tools," Journal of New Economy, Ural State University of Economics, vol. 23(3), pages 86-108, October.

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