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Smart specialisation, Industry 4.0 and lagging regions: some directions for policy

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  • Mariachiara Barzotto
  • Carlo Corradini
  • Felicia Fai
  • Sandrine Labory
  • Philip R. Tomlinson

Abstract

At the heart of the European Union’s innovation policy is Smart Specialisation Strategy (S3) as embodied in the Research and Innovation Strategies for Smart Specialisation (RIS3) programme. So far, RIS3’s efficacy on the revival of so-called lagging regions has been weak. This is in large part due to the weak initial endowments of technology, social/business networks, poor governance and institutional failures that typify lagging regions. This combination inhibits both the effectiveness of the programme and the ability of lagging regions to take advantage of the new opportunities proffered by Industry 4.0. This paper highlights some of these challenges and presents some policy directions for S3 and Industry 4.0 to deliver better regional cohesion and enhance inclusive growth.

Suggested Citation

  • Mariachiara Barzotto & Carlo Corradini & Felicia Fai & Sandrine Labory & Philip R. Tomlinson, 2020. "Smart specialisation, Industry 4.0 and lagging regions: some directions for policy," Regional Studies, Regional Science, Taylor & Francis Journals, vol. 7(1), pages 318-332, January.
    • Handle: RePEc:taf:rsrsxx:v:7:y:2020:i:1:p:318-332
    DOI: 10.1080/21681376.2020.1803124
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    Cited by:

    1. Francesco OraziS & Federico Sofritti, 2021. "Politiche di innovazione e Industria 4.0 in Italia: il caso dei Competence Center," PRISMA Economia - Societ? - Lavoro, FrancoAngeli Editore, vol. 2021(1-2), pages 24-37.
    2. Robert Hassink & Matthias Kiese, 2021. "Solving the restructuring problems of (former) old industrial regions with smart specialization? Conceptual thoughts and evidence from the Ruhr," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 41(2), pages 131-155, October.
    3. Masoumeh Ghorbani & Thomas Brenner, 2021. "Prerequisites and initial developments for economic specialization in lagging regions—A study of specialized villages in Iran," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 41(2), pages 229-268, October.
    4. Andrey A. Zaytsev & Roman S. Blizkyi & Irina I. Rakhmeeva & Nikolay D. Dmitriev, 2021. "Building a Model for Financial Management of Digital Technologies in the Areas of Combinatorial Effects," Economies, MDPI, vol. 9(2), pages 1-15, April.

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