NDLI: Smart Specialisation in Cohesion Economies

Content Provider	Springer Nature Link
Author	Tiits, Marek Kalvet, Tarmo Mürk, Imre
Copyright Year	2015
Abstract	With the rise of the smart specialisation (RIS3) concept, concentrating knowledge resources and linking them to a limited number of priority economic activities have become an important concept in the R&D, innovation and cohesion policies in the European Union. We conclude from the analysis of economic performance and effectiveness of the prior higher education, R&D and innovation policies in selected European small economies and theory that several crucial issues should be considered in translating the RIS3 into effective strategies. RIS3 was born to inform R&D policy making, and it emphasises predominantly R&D-based technological innovation. Yet, it is not sufficient to focus solely on the contribution of R&D to the upgrading of existing industry, when economic cohesion and structural change in industry is sought. Development of an effective RIS3 calls for, especially in the EU cohesion economies, substantial efforts to strengthen higher education, R&D job creation and capability building in future paradigm leading high-tech areas in particular. The role of foreign direct investments and relocation of industry in structural change should also be considered carefully. Finally, proper loop-back mechanisms have to be put in place in order to foster policy learning, and introduction of necessary policy adjustments as RIS3 gets implemented.
Starting Page	296
Ending Page	319
Page Count	24
File Format	PDF
ISSN	18687865
Journal	Journal of the Knowledge Economy
Volume Number	6
Issue Number	2
e-ISSN	18687873
Language	English
Publisher	Springer US
Publisher Date	2015-01-28
Publisher Place	New York
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Smart specialisation (RIS3) Higher education R&D policy Innovation policy Economic development Cohesion Economic Policy R & D/Technology Policy Entrepreneurship
Content Type	Text
Resource Type	Article
Subject	Economics and Econometrics

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
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9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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