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Smart Specialisation and the Entrepreneurial Discovery: A New Approach to Design Structural Change

In: New Paths of Entrepreneurship Development

Author

Listed:
  • Hugo Pinto

    (University of Coimbra)

  • Carla Nogueira

    (University of Algarve)

  • Chiara Carrozza

    (European University Institute)

  • Raphael D’Emery

    (City Hall of Caruaru)

Abstract

The implementation of a research and innovation strategy anchored in the principles of ‘smart specialisation’ can be an important catalyst for regional development. Even in regions that are less technology intensive and with a gap in terms of socio-economic development, the potential of selectivity with the introduction of ‘entrepreneurial discovery’ mechanisms is essential for designing successful policies and actions. The ‘entrepreneurial discovery’—the finding of a new sector or activity emerging from existing localized capacities and market demands—is not an original idea, in practice it has always happened in any structural change process and most of the time in a spontaneous way. The novelty of ‘smart specialisation’ strategies is the formal and explicit character that the ‘entrepreneurial discovery process’ assumes. This chapter discusses different approaches to the process of ‘entrepreneurial discovery’, paying special attention to participatory models.

Suggested Citation

  • Hugo Pinto & Carla Nogueira & Chiara Carrozza & Raphael D’Emery, 2019. "Smart Specialisation and the Entrepreneurial Discovery: A New Approach to Design Structural Change," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Luísa Cagica Carvalho & Conceição Rego & Maria Raquel Lucas & M. Isabel Sánchez-Hernández & Adriana (ed.), New Paths of Entrepreneurship Development, pages 55-75, Springer.
    • Handle: RePEc:spr:seschp:978-3-319-96032-6_4
    DOI: 10.1007/978-3-319-96032-6_4
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    Citations

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    Cited by:

    1. Christopher Meyer, 2022. "Social Innovation Governance in Smart Specialisation Policies and Strategies Heading towards Sustainability: A Pathway to RIS4?," Social Sciences, MDPI, vol. 11(4), pages 1-14, March.
    2. Hugo Pinto & Carla Nogueira & J. André Guerreiro & Fábio Sampaio, 2021. "Social Innovation and the Role of the State: Learning from the Portuguese Experience on Multi-Level Interactions," World, MDPI, vol. 2(1), pages 1-19, January.
    3. 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.

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