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New Indicators of Smart Specialization: A related diversification approach applied to European Regions

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  • Artur Santoalha

    (TIK Center for Technology, Innovation and Culture, University of Oslo, Norway)

Abstract

This paper proposes two new indicators of S3 (Smart Specialization) to investigate where different European regions stand in terms of this policy concept. The first indicator is designed to quantitatively rank regions in a given year, and the other is elaborated to capture the evolution of S3 over time. The suggested indexes are based on the concept of technological relatedness, and applied to the case of European regions (NUTS 2) by means of the OECD REGPAT database. The results suggest that the process of S3 is more developed in regions located at the core of the European continent, as well as in Northern European regions. In contrast, the regions located in Southern and Eastern Europe persistently present lower scores than other European regions.

Suggested Citation

  • Artur Santoalha, 2016. "New Indicators of Smart Specialization: A related diversification approach applied to European Regions," Working Papers on Innovation Studies 20161220, Centre for Technology, Innovation and Culture, University of Oslo.
    • Handle: RePEc:tik:inowpp:20161220
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    File URL: http://www.sv.uio.no/tik/InnoWP/tik_working_paper_20161220.pdf
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    References listed on IDEAS

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    1. Frank Neffke & Martin Svensson Henning, 2008. "Revealed Relatedness: Mapping Industry Space," Papers in Evolutionary Economic Geography (PEEG) 0819, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2008.
    2. Andrés Rodríguez-Pose & Callum Wilkie, 2015. "Institutions and the Entrepreneurial Discovery Process for Smart Specialization," Papers in Evolutionary Economic Geography (PEEG) 1523, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jul 2015.
    3. Asheim , Bjørn & Grillitsch , Markus, 2015. "Smart specialisation: Sources for new path development in a peripheral manufacturing region," Papers in Innovation Studies 2015/11, Lund University, CIRCLE - Centre for Innovation Research.
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    Cited by:

    1. Pierre-Alexandre Balland & Ron Boschma & Joan Crespo & David L. Rigby, 2017. "Smart Specialization policy in the EU: Relatedness, Knowledge Complexity and Regional Diversification," Papers in Evolutionary Economic Geography (PEEG) 1717, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jul 2017.
    2. David L. Rigby & Christoph Roesler & Dieter Kogler & Ron Boschma & Pierre-Alexandre Balland, 2019. "Do EU regions benefit from smart specialization?," Papers in Evolutionary Economic Geography (PEEG) 1931, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2019.

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