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Internationalisation of the next Smart Specialisation Strategy: Opportunities and barriers in the Friuli Venezia Giulia region

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Abstract

Smart Specialisation Strategy is a place-based EU policy that seeks to enhance regional competitiveness through leveraging and bolstering innovation in the selected priority areas (industries or technologies) in each region. The new iteration of S3 requires developing cross-border collaborations with regions possessing complex and complementary technological expertise currently missing in a region to upgrade its technological evolution. The reason for this is that new growth opportunities arise from recombining existing technological capabilities while more complex technologies offer strong competitive advantage. This paper presents a simple roadmap for regional S3 internationalisation and the results of an in-depth case study on the opportunities for and barriers to S3 internationalisation in Friuli Venezia Giulia (FVG), a region in the North East of Italy. The paper develops recommendations on how to make the most of the Research, Technology, Development and Innovation endowments in FVG through enhancing the innovation-internationalisation nexus in order to improve competitiveness of the region.

Suggested Citation

  • Oecd, 2021. "Internationalisation of the next Smart Specialisation Strategy: Opportunities and barriers in the Friuli Venezia Giulia region," OECD Local Economic and Employment Development (LEED) Papers 2021/09, OECD Publishing.
    • Handle: RePEc:oec:cfeaaa:2021/09-en
    DOI: 10.1787/067c3a60-en
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    More about this item

    Keywords

    Friuli Venezia Giulia; regional innovation systems; S3 internationalisation; Smart Specialisation Strategy (S3);
    All these keywords.

    JEL classification:

    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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