scholarly journals Issues of Chemical Cluster Formation in the Context of the Implementation of Smart Specialization Approach in Dnipropetrovsk Region

2020 ◽  
pp. 70-79
Author(s):  
N. Shvets ◽  
Keyword(s):  
Development Strategy ◽  
High Efficiency ◽  
Regional Cooperation ◽  
Cluster Formation ◽  
Smart Growth ◽  
Discovery Process ◽  
Specific Chemical ◽  
Entrepreneurial Discovery ◽  
Smart Specialization ◽  
Innovation Space

The article analyzes the external and internal conditions for the formation of a regional chemical cluster in Dnipropetrovsk region based on smart specialization approach and formulates recommendations for the preparatory stage of the entrepreneurial discovery process. It is noted that the application of a new model of regional development management using smart specialization methodology requires the creation of integral effective innovation space, the development of which can occur by regional economy clustering. By studying foreign experience in cluster development, attention is drawn to the important role of the authorities as a facilitator and not a leader of cluster initiatives. The conclusion is made about the incomplete elaboration of a smart oriented strategic goal in the Development Strategy of Dnipropetrovsk region for the period until 2027. The expediency of the region’s choice of chemical industry as a priority for further search for smart growth points has been proved. The chemical sphere priorities and projects registered on the European Smart Specialization Platform were considered. It is noted that Dnipropetrovsk region has certain prerequisites for the formation of a formal regional chemical cluster based on existing economic opportunities, the latest industry trends and prospects for cross-sectoral and cross-regional cooperation. The work identifies the main features of the future chemical cluster and its general characteristics. The emphasis is made on the fact that it is impossible to develop a specific chemical cluster model before the start of entrepreneurial discovery process; its profile will be understood only by the results of this process. The important aspects and requirements for the entrepreneurial discovery process are revealed, which must be taken into account before and during its implementation. Recommendations have been developed, including a set of preparatory actions, aimed at ensuring a more complete stakeholder identification and high efficiency of smart priority search process.

Smart Specialization Strategy

2019 ◽  
pp. 100-130 ◽  
Author(s):  
Nibedita Saha ◽  
Tomas Saha ◽  
Petr Saha
Keyword(s):  
Regional Development ◽  
Regional Growth ◽  
Discovery Process ◽  
Entrepreneurial Universities ◽  
Bottleneck Effect ◽  
Entrepreneurial Discovery ◽  
Smart Specialization

This chapter deliberates the significance of smart specialization strategy and its impact on regional development that enable a region to become more creative and innovative. Consistently, the emergence of smart specialization strategy is the cornerstone of creating a unique platform for enhancing territorial competitiveness and knowledge-driven innovation center through promoting entrepreneurial universities within the region connected to the regional growth scheme. Therefore, the authors investigate what makes regions competitive. What fosters growth in one region may be under a bottleneck effect in another. This chapter represents an accessible approach for identifying competitors and their particular circumstances that discuss regional entrepreneurial discovery process and their competitiveness from a conceptual perspective.

Smart Specialization Strategies and Universities

2019 ◽  
pp. 31-59
Author(s):  
Christophe Feder
Keyword(s):  
Technological Change ◽  
Theoretical Framework ◽  
Pivotal Role ◽  
Discovery Process ◽  
Entrepreneurial Discovery ◽  
Biased Technological Change ◽  
Smart Specialization ◽  
The University

The smart specialization strategy is a cornerstone in the EU policy. The smart specialization policy and the entrepreneurial discovery process is formalized in order to generalize and implement the smart specialization concept. The main conclusion of the proposed theoretical framework is that the smart specialization strategy is efficient if it increases the productivity of the largest factor in the region. Starting from the biased technological change notion, the proposed theoretical framework shows the pivotal role of the university for the efficient implementation of the smart specialization strategy not only in the short and medium term but also in the long term.

The process of entrepreneurial discovery in the context of regional smart specialization: some theoretical and conceptual aspects

2020 ◽  
pp. 42-48
Author(s):  
N.V. Berezniak ◽  
L.V. Rozhkova
Keyword(s):  
Research And Development ◽  
Innovation Policy ◽  
Private Investment ◽  
Developed Countries ◽  
Discovery Process ◽  
Public And Private ◽  
Entrepreneurial Discovery ◽  
Research And Innovation ◽  
Private And Public ◽  
Smart Specialization

The issue of shaping a new EU innovation policy based on smart specialization is new to the developed countries and to Ukraine in particular. Currently, regional state administrations are tasked with developing regional development strategies based on European approaches to smart specialization. One of the main principles of smart specialization is the entrepreneurial discovery process — EDP, to which this article is dedicated. The views of smart specialization theorists on the emergence of this phenomenon, peculiarities of its formation and development in interaction and interdependence on the factors of technological and knowledge influence on the economic growth of countries and regions, establish of their competitive advantages, make political decisions to support the development of priority technologies and sectors, attracting public and private investment in research and development were analyzed. The theoretical foundations of the concept of entrepreneurial discovery are considered, which have a decisive influence on the choice of the structure of regional smart strategies, as well as on the formation of priorities of innovation development, focusing on the existing strengths of the regional economy and innovations and using the results of private and public research and development carried out on this territory. The European Commission program documents have been studied, in which conceptual approaches to the entrepreneurial discovery process have been concretized and developed in the context of developing and implementing smart specialization strategies at national / regional levels. The Smart Specialization Research and Innovation Strategy Guide emphasizes the need for step-by-step development of a regional smart specialization strategy. The study found that the EDP principle more or less influence on the formation of each of the six stages of a smart strategy. Examples of such influence are given.

scholarly journals Management of Regional Innovation Development

2018 ◽  
Keyword(s):  
Social Life ◽  
Innovation Policy ◽  
Legal Framework ◽  
Regional Level ◽  
Innovative Development ◽  
Discovery Process ◽  
Regional Innovation ◽  
Innovation Development ◽  
Entrepreneurial Discovery ◽  
Smart Specialization

In modern conditions of dynamically changing environment, questions about new regional ways of innovative development are being updated. Researches confirm that the innovative development of regions is becoming a significant factor in increasing the competitiveness of the region and the formation of high innovative activity. The purpose of the article is to identify the essence of modern approaches to the management of regional innovative development, that are appropriate in the context of transformational changes and to analyze them. To achieve this goal next following tasks have to be done: to study main methods of managing the regional innovative development; to analyze legal and legislative framework; to analyze statistical indicators of innovative development of the region; to identify regions-leaders and regions-outsiders in Ukraine; to study the concept and essence of Smart Specialization Strategies and the entrepreneurial discovery process in the conditions of the Ukrainian regions’ development. The article discusses the competitiveness and efficiency of innovations in a regional context. These are two interrelated economic categories, reflected in their synergistic effect in various areas of the economic and social life of the regions. Their assessment can be carried out at different levels – regional, national and international levels. Regional competitiveness and efficiency of innovation is the result of comprehensive stakeholder actions at these levels. The article also identifies the main obstacles to the management of regional innovation development and analyzes the regulatory and legal framework for the development of innovations at the regional level. The article also carried out a multifactorial comparative analysis based on statistical data of development indicators to assess the development of regions. Regions-leaders and region-outsiders are defined. The article considers the main effective instruments of innovation policy and the most effective ways of its implementation at the regional level. One of the tool is the Smart Specialization Strategy, which aims to grow economically through a strategy based on localization and stakeholder mobilization at the regional level. The paper also studied the entrepreneurial discovery process, that is a «conceptual pillar» of smart specialization.

scholarly journals Approaches to formation of strategies for development of administrative territories

2019 ◽  
Vol 67 ◽  
pp. 06026
Author(s):  
Oleksii Klok ◽  
Olha Loseva ◽  
Oleksandr Ponomarenko
Keyword(s):  
European Union ◽  
Strategic Management ◽  
Development Strategy ◽  
Regional Policy ◽  
Swot Analysis ◽  
Legal Analysis ◽  
The European Union ◽  
Territorial Development ◽  
Smart Specialization ◽  
The Eu

The article studies theoretical and methodological bases of the strategic management of the development of administrative territories, considers the essence of strategic management and formulates the advantages of using it in management of administrative territory. Based on the analysis of the key provisions of the EU regional policy, the strategy of “smart specialization” is considered as the most common approach to territorial development. Using the experience of the countries of the European Union as a basis, a BPMN diagram, describing the conceptual bases for the formation of a competitive territory strategy, was built. Practical approaches to the formation of strategies for the development of administrative territories operating in Ukraine, regulatory acts, in particular, that had a direct impact on the formation of the existing model of strategic territorial management, were analyzed. The main requirements to the content of the strategic plan were considered and the list of key provisions and analytical methods (socio-economic analysis, comparative analysis, SWOT-analysis, PESTLE-analysis, sociological analysis) was formulated. Using the comparative legal analysis of the experience of the European Union as a basis, a number of features can be highlighted that must be taken into account in the process of forming the administrative territory development strategy.

scholarly journals The Impact of Economic Specialization on Regional Economic Development in the European Union: Insights for Formation of Smart Specialization Strategy

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 76
Author(s):  
Giedrė Dzemydaitė
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Regional Economic Development ◽  
The European Union ◽  
Location Quotient ◽  
Regional Economic ◽  
Clear Cut ◽  
Smart Specialization ◽  
Economic Specialization ◽  
The Impact

The smart specialization concept was implemented in the EU in 2014, stating that regions have to specify specialization areas for development of innovations. Economic specialization reveals a comparative advantage in that field. However, there are different arguments linking specialization to economic development. This study analyzes these arguments and aims to investigate the impact of economic specialization on regional economic development and to give insights into identifying prospective areas in regional economies. A panel fixed effect estimation of industry-level regional data suggests that economic specialization in broader regional employment, called relative specialization, is ambiguously associated with economic development. Our findings suggest that neither economic specialization nor economic diversity are a clear-cut solution for ensuring economic growth. Economic structure in EU regions differs, and there is no one answer for which approach is better for economic development. Specialization measures, particularly the location quotient, cannot fully capture the dynamics in the industry structure that could be essential for formation of regional development strategy.

THEORETICAL ASPECTS OF STRATEGIC MARKETING APPLICATION IN THE CONTEXT OF SMART-SPECIALIZATION OF REGIONS

2017 ◽  
Author(s):  
Vitaliy Omelyanenko ◽  
◽  
Nadiia Artyukhova ◽  
Keyword(s):  
Development Strategy ◽  
Strategic Marketing ◽  
Practical Implementation ◽  
Competitive Advantages ◽  
Adoption And Implementation ◽  
Marketing Application ◽  
Regional Development Strategy ◽  
Important Research Topic ◽  
Systemic Nature ◽  
Smart Specialization

The most important task of the successful development and implementation of the regional development strategy is the adoption and implementation of well-grounded and timely management decisions aimed at increasing the attractiveness of the territory for target audiences. One of the directions of this realization is the creation and development of the competitive advantages of a particular territory. The steps taken in this direction in the regions of Ukraine are of a non-systemic nature and, as a rule, do not solve the problem comprehensively. This is due to the lack of both theoretical groundwork, on the basis of which it would be possible to develop a comprehensive strategy for the region, and an effective toolkit that ensures the systematic participation of stakeholders in the development and implementation of such a strategy. An important research topic is the consistency of the selected priorities with the goals of sustainable development, corresponding innovations within the framework of technological progress, which makes it relevant to use marketing tools to expand the analytical and communication tools of smart specialization. The purpose of this study is to analyze the possibilities of using strategic marketing for smart specialization tasks. Strategic marketing must be seen in the context of smart specialization, which is an innovative approach aimed at stimulating growth and job creation, allowing regions to define and develop their own competitive advantages. In the context of the practical implementation of the components of smart specialization as a process, strategic marketing can be considered as an active process with a long-term orientation, aimed at exceeding the average indicators in other regions by systematically pursuing a policy of creating a system of solutions that ensure the satisfaction of the needs of (current and prospective) stakeholders (current and potential) territories in a more efficient way than is possible in other regions. In the course of the study, it was determined that strategic marketing in the context of the practical implementation of smart specialization should be considered as a process of planning, developing and implementing strategic steps to gain a competitive advantage in selected areas. This process is necessary to map out the main goals of the region and find the most effective ways to achieve them.

scholarly journals Strategic Priorities of the Budget Policy on Ukraine’s Territorial Development in the Context of Implementing the Regional Development Strategy

2021 ◽  
Vol 2 (48) ◽  
pp. 86-94
Author(s):  
A. O. Pelekhatyy ◽  
◽  
K. O. Patytska ◽  
Keyword(s):  
Regional Development ◽  
Development Strategy ◽  
Competitive Advantages ◽  
Territorial Development ◽  
National Competitiveness ◽  
Regional Development Strategy ◽  
Budget Policy ◽  
Smart Specialization ◽  
Spatially Oriented

The article aims at determining the strategic priorities of Ukraine’s budget development policy while implementing the regional development strategy for the years 2021–2027. The strategic priorities of the budget policy on territorial development are substantiated in the context of, first, creating the regional development strategy and territorial development strategies for the years 2021-2027, and second, shifting the focus from spatially oriented measures, i.e. stimulating the development of problematic areas, to the policy of territorial development through activating untapped potential, the policy being aimed at increasing regional and national competitiveness, with special attention paid to innovation. The necessity to observe both the vertical and horizontal integration of the formation and realization of budget policy on territorial development, and the necessity to implement it, combining the problem-oriented and general approaches to directing the territorial development budgeting (territorial development budgeting is based on the following: competitive advantages of the functional types of the regions; development of problematic regions; regional development in the context of smart specialization; border areas development in the context of cross-border cooperation). A prospect for further research in this field is seen in making an attempt to form the budget policy on territorial development in Ukraine on the basis of defining strategic priorities for regional development and the development of different level territories, aimed at: reducing interregional and intra-regional asymmetries; ensuring universal improvement of the quality of life; transferring the territories to development based on sustainability, inclusiveness, innovation, and the maximization of using and building up the existing potential.

scholarly journals Quadruple Helix Models for Sustainable Regional Innovation: Engaging and Facilitating Civil Society Participation

Economies ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 48 ◽  
Author(s):  
Mona Roman ◽  
Henry Varga ◽  
Vladimir Cvijanovic ◽  
Alasdair Reid
Keyword(s):  
Civil Society ◽  
Innovation Policy ◽  
Quadruple Helix ◽  
Regional Innovation ◽  
Innovation Research ◽  
Entrepreneurial Discovery ◽  
Research And Innovation ◽  
Civil Society Participation ◽  
Smart Specialization ◽  
Research And Policy

Prior research has emphasized the importance of bringing together quadruple helix (QH) actors (academia, industry, government and civil society) to strengthen regional innovation. The QH model forms an integral part of European innovation policy, which aims to create sustainable and inclusive growth in Europe. As part of this policy, European Union (EU) regions are to design and implement research and innovation strategies for smart specialization (RIS3) through the participatory entrepreneurial discovery process (EDP). Despite the strong emphasis on the QH model, the model is still far from a well-established concept in innovation research and policy, and civil society participation in RIS3 has remained low. Our paper aims to support regional governments to engage with and facilitate the participation of civil society in a territorial EDP based on two case studies from Finland and Sweden. It contributes to the literature on regional innovation systems through identifying mechanisms to foster the QH model and suggests lessons learnt for the operationalization of the QH model as part of RIS3.

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