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Combining technological relatedness and sectoral specialization for improving prioritization in Smart Specialisation

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  • Anastasia Panori
  • Christina Kakderi
  • Ilias Dimitriadis

Abstract

Relatedness is a popular concept for regional branching within Smart Specialisation. However, this proximity-network approach misses its regional perspective, making difficult its operationalization in regional policies. This paper advances the regional perspective of relatedness for improving prioritization in Smart Specialisation by combining the concepts of technological relatedness and sectoral specialization. Using a four-stage methodology, we reveal potential Smart Specialisation priorities for a set of 16 European regions considering both cognitive links arising through technological relatedness and their regional structures. The proposed methodology reduces the stress of regional stakeholders participating in entrepreneurial discovery processes by providing a narrower set of priorities.

Suggested Citation

  • Anastasia Panori & Christina Kakderi & Ilias Dimitriadis, 2022. "Combining technological relatedness and sectoral specialization for improving prioritization in Smart Specialisation," Regional Studies, Taylor & Francis Journals, vol. 56(9), pages 1454-1467, September.
    • Handle: RePEc:taf:regstd:v:56:y:2022:i:9:p:1454-1467
    DOI: 10.1080/00343404.2021.1988552
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    Cited by:

    1. Giacomo Lo Conte & Andrea Mina & Silvia Rocchetta, 2023. "Turning technological relatedness into industrial strategy: The productivity effects of Smart Specialisation in Europe," Papers in Evolutionary Economic Geography (PEEG) 2323, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2023.

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