scholarly journals From smart specialisation to smart experimentation

2014 ◽  
Vol 58 (1) ◽  
Author(s):  
Maximilian Benner
Keyword(s):  
Regional Policy ◽  
Evolutionary Economics ◽  
The European Union ◽  
Basic Principles ◽  
Entrepreneurial Discovery ◽  
Structural Funds ◽  
Smart Specialisation ◽  
Eu Structural Funds ◽  
Micro Level ◽  
Relational Economic Geography

AbstractThe idea of smart specialisation has gained high prominence in the discourse about the regional policy of the European Union (EU). In the coming program period from 2014 to 2020 it is expected to be a major pillar of EU structural funds. The notion of smart specialisation incorporates some basic principles of evolutionary economics and centers on the idea of an entrepreneurial discovery process of new trajectories on the regional level. It does not, however, sufficiently take into account the relevance of individual agents, their actions, and their relations with each other in the identification, creation, development, and destruction of technological and economic trajectories. For this, a focus on micro-level dynamics is needed that provides the base for experimentation. Therefore, this paper proposes the new concept of smart experimentation. This notion aims to complement smart specialisation. It is anchored not only in evolutionary economics, but also in relational economic geography.

scholarly journals Financing of Smart Growth in Less Developed Regions on the Example of Poland

e-Finanse ◽  
2018 ◽  
Vol 14 (3) ◽  
pp. 8-20 ◽  
Author(s):  
Dorota Murzyn
Keyword(s):  
Smart Growth ◽  
Regional Level ◽  
The European Union ◽  
Public Intervention ◽  
Structural Funds ◽  
Factors Influencing ◽  
Development Processes ◽  
Eu Structural Funds ◽  
Research Questions ◽  
The Impact

AbstractThe aim of this paper is twofold. First, the smart growth concept is examined with a focus on challenges associated with applying this concept in the less developed regions. Second, the impact of EU structural funds on smart growth in Poland is analyzed at the regional level with a view to contributing to the debate on public intervention in this area. The research questions are as follows: “Is the concept of smart growth, as postulated by the European Union, well suited to the less developed regions?” and “Whether and to what extent do EU funds contribute to achieving smart growth in Poland?”Smart growth has accelerated after 2007, which could suggest a significant impact of EU structural funds, whose allocation to measures supporting innovative activity rose markedly after 2007. However, among the various factors influencing regional development processes, the impact of structural funds was not as strong as might be expected, which was confirmed by further analysis.

Development Finance in the Baltic States and the Process of Europeanization

2021 ◽  
pp. 253-282
Author(s):  
Olga Mikheeva ◽  
Egert Juuse
Keyword(s):  
Eastern European ◽  
Economic Policies ◽  
External Financing ◽  
The European Union ◽  
Development Finance ◽  
Structural Funds ◽  
Strategic Approach ◽  
Eu Structural Funds ◽  
The Baltic ◽  
The Eu

The Central and Eastern European (CEE) region, where European structural funds make up the lion share of national budgets, provides an opportunity to study how “development financing” is defined and operationalized in the context of dependency on external financing from the European Union (EU). The three Baltic republics (Estonia, Latvia, Lithuania) represent a region with a particular socio-political history, similar economic structures and equally similar asymmetrical relations with the EU, which makes the entire notion of development finance institutions quite different from existing “strategic” qualities attributed to promotional banks as discussed in current literature. We aim to demonstrate that policy trajectories, largely shaped by the EU, and especially an overdependence on EU structural funds, result in a set of incentives that hinder the development of a more strategic approach to economic policies and policy-related finance in particular. We also argue that bureaucratic competences developed within such a context of external financing resemble a “managerial” type of Development Finance Institutions rather than “strategic” investing agents.

scholarly journals Spatial Distribution of EU Structural Funds in Poland in 2004-2006 - Factors, Directions, and Limitations

2008 ◽  
Vol 9 (9) ◽  
pp. 33-46 ◽  
Author(s):  
Monika Płaziak ◽  
Piotr Trzepacz
Keyword(s):  
European Union ◽  
Spatial Distribution ◽  
Social Development ◽  
European Integration ◽  
Financial Support ◽  
The European Union ◽  
Structural Funds ◽  
Eu Structural Funds ◽  
Different Levels

Spatial Distribution of EU Structural Funds in Poland in 2004-2006 - Factors, Directions, and Limitations In 2004, Poland joined the European Union. This access means the possibility of taking advantage of European Union Structural Funds. Apart from this the structural funds play another important role. The popularity of the idea of European integration in countries like Poland depends largely on the effectiveness of this financial support, which theoretically should lead to economic and social development on different levels (local, regional, national, and even continental). The main problem of relying on EU funds is their unequal availability, which is limited, for example, because of the granting principles.

scholarly journals THE PROBLEMATICS OF MULTILEVEL GOVERNANCE IN THE EU AND THE CURRENT SITUATION OF REGIONALIZATION OF THE CZECH REPUBLIC AND THE STRUCTURAL FUNDS ISSUES

Auspicia ◽  
2020 ◽  
pp. 23-37
Author(s):  
František Prášil
Keyword(s):  
European Union ◽  
Czech Republic ◽  
Prime Minister ◽  
Multilevel Governance ◽  
The European Union ◽  
The Czech Republic ◽  
Structural Funds ◽  
Eu Structural Funds ◽  
The Relationship ◽  
The Eu

ABSTRACT: This article deals with the issue of multilevel governance in the European Union. Firstly, it introduces the reader to the issue of multilevel governance in the relationship between the European Union and the Czech Republic. It focuses on processes, principles of multilevel governance, their development over time (especially after the Czech Republic's accession to the European Union). Secondly, the article examines the changes within the Czech Republic after its accession to the EU with regard to regions and regionalization. It points out the problems associated with drawing the EU structural funds. The article also deals with the issues of EU vs. Andrej Babiš and his business activities, in particular, the much-discussed Stork's Nest case. By summarizing the findings, the article attempts to provide readers with enough information to be able to get their own idea of whether or not the current Czech Prime Minister Andrej Babiš has a conflict of interest with his business activities.

scholarly journals Wzrost znaczenia instrumentów inwestycyjnych w polityce regionalnej Unii Europejskiej w perspektywie finansowej 2014-2020

Politeja ◽  
2020 ◽  
Vol 17 (4(67)) ◽  
pp. 128-147
Author(s):  
Małgorzata Michalewska-Pawlak ◽  
Monika Klimowicz
Keyword(s):  
European Union ◽  
Regional Policy ◽  
Scientific Literature ◽  
Legal Regulations ◽  
The European Union ◽  
Structural Funds ◽  
Political Interests ◽  
Financial Framework ◽  
Social Environmental ◽  
The Eu

The Increase of Significance Investment Instruments in Regional Policy of the European Union after 2014 The main objective of this paper is to analyse the increase of significance investment instruments in regional policy of the European Union after 2014. The reasons of this phenomenon have been pointed out in the context of the European Union structural funds. They refer to political interests, economic, social environmental challenges faced by the EU regions under conditions of limitation the EU expenditure on regional development financing. Solutions in the following areas: objectives, priorities and rules of intervention of the structural funds have been presented – those which have an investment dimension. Investment approach is going to be carried on in the next Multiannual Financial Framework after 2020. The paper has been elaborated based on using method of institutional analysis the key EU regional policy legal regulations and existing scientific literature.

scholarly journals Regional planning and sustainability: Towards integration in the Uk and EU

Spatium ◽  
2004 ◽  
pp. 1-11 ◽  
Author(s):  
John Glasson
Keyword(s):  
Regional Planning ◽  
Integrated Approach ◽  
Regional Level ◽  
Strategic Environmental Assessment ◽  
The European Union ◽  
Structural Funds ◽  
Eu Structural Funds ◽  
The Uk ◽  
New Generation ◽  
Sustainability Appraisal

A key premise of the paper is that the regional level of planning is a particularly appropriate level for the integration of biophysical and socio-economic development issues. The UK, and the European Union (EU) more generally, have witnessed some important developments in regional planning practice over the last decade which have sought to encourage such integration. The paper reviews examples of innovative applications of Strategic Environmental Assessment (SEA) and Sustainability Appraisal (SA), in relation to EU Structural Funds, the new generation of UK Regional Plans, and UK Multi-Model Transport Corridor studies. It concludes with an appraisal of progress to date towards the goal of a more integrated approach.

scholarly journals Impact of Investment Sources for Sustainability on a Country’s Sustainable Development: Evidence from the EU

2020 ◽  
Vol 12 (6) ◽  
pp. 2421 ◽  
Author(s):  
Indre Lapinskaite ◽  
Viktorija Skvarciany ◽  
Patrikas Janulevicius
Keyword(s):  
Sustainable Development ◽  
Positive Impact ◽  
The European Union ◽  
Financial Investment ◽  
Eu Countries ◽  
Eu Member States ◽  
Structural Funds ◽  
Country Level ◽  
Eu Structural Funds ◽  
The Eu

All countries face several issues while running the process of sustainable development—the absence of a uniform means of sourcing investment for sustainable development and the lack of a unified index for the evaluation of sustainable development. No doubt, ensuring sustainable development requires constant financial investments. Hence, it is essential to examine the investment sources for sustainable development at the country level and to comprehend if the current financial investment has a direct impact on the results of a country’s sustainable development. The article aims at identifying the financing sources for sustainable development for each of the European Union (EU) countries and assessing their impact on each of the EU countries’ sustainable development, which is expressed as the Integrated Sustainable Development Index (ISDI). After the detailed analysis of investment sources for the sustainability of the EU countries, two sources of investment, assignation of budget and the EU structural funds, were selected, and ISDI calculation was applied for twenty-five of the EU member states for the period 2003–2017. Correlation analysis (using SPSS software) helped to identify the strength of the connection and to select countries for the Johansen Cointegration Test (using Eviews software) in order to determine how variables interact. The results show that the combination of the assignation of budget and the EU structural funds has a positive impact on the coherence of five (Czech Republic, Denmark, Spain, Slovenia, and Austria) out of twenty-four countries.

scholarly journals System finansowania programów operacyjnych w Polsce – implikacje dla stanu finansów publicznych

2012 ◽  
pp. 47-76
Author(s):  
Agnieszka Kłos
Keyword(s):  
European Union ◽  
Public Debt ◽  
Budget Deficit ◽  
The State ◽  
The European Union ◽  
Public Finances ◽  
The Public ◽  
Structural Funds ◽  
Eu Structural Funds ◽  
The Way

The article is devoted to the issue of financing of operational programs implemented in Poland in the European Union’s financial perspectives 2000–2006 and 2007–2013. Polish membership in the European Union gives the opportunity to obtain additional funds but the possibility of absorption involves costs which Poland has to bear. The author attempts to assess the way in which Poland’s adopted systems for operational programs implemented with the participation of EU structural funds influenced the state of the public finances. System solutions used in Poland have implications for two key measures of the state of public fi nances such that is public debt and budget deficit.

scholarly journals Regional Development Policies of the European Union: An Evaluation in the Framework of Structural Funds and Other Financial Instruments

2011 ◽  
Author(s):  
Ahmet İncekara ◽  
Burcu Kılınç Savrul
Keyword(s):  
European Union ◽  
Regional Development ◽  
Regional Policy ◽  
The European Union ◽  
Eu Countries ◽  
Structural Funds ◽  
Development Policies ◽  
Regional Development Policies ◽  
European Investment ◽  
The Eu

Regional policy of the European Union (EU) is implemented in order to improve welfare and quality of life in specific regions of EU member countries, minimize inter-regional income differences and restructure less developed industrial areas. regions of the EU countries has urban and regional development differences in themselves. Regional policies have gained importance in the process of EU enlargement. Increases regional disparities has been observed to occur with the first expansion. Although the tools that the Community could use for regional inequality were initially limited, they began to increase over the years in the process of development of regional policy of the EU. In this respect, this study will focus primarily on the EU regional development policies, the structural funds in line with the measures taken to ensure economic and social cohesion in EU countries and European Investment Bank and the new tools such as community tool will be discussed.

scholarly journals Major changes affecting EU funded loan and equity scheme management in 2021-2027 budgetary period

2021 ◽  
Vol 8 (4) ◽  
pp. 398-408
Author(s):  
Márk Bató
Keyword(s):  
European Union ◽  
Regulatory Framework ◽  
Financial Instruments ◽  
The European Union ◽  
Structural Funds ◽  
Starting Point ◽  
Development Policies ◽  
Eu Structural Funds ◽  
Capital Injections ◽  
The Eu

Approximately ten percent of support from the European Union structural funds sources was utilised as financial instruments in the 2014-2020 EU budgetary period. The term ‘financial instruments’ represents support in the form of loans and capital injections in Hungary. Programmes for 2021-2027 have not been finalised yet, but major amounts of money are expected to be used in the form of financial instruments. Therefore, one should review the changes affecting the criteria to use EU structural funds, which determine development policies in the next period regarding loan and equity schemes. Both the EU and the Hungarian regulatory framework have been established, they can be studied and used as the starting point of further planning. In this paper the major components of the relevant regulatory framework including its practical conclusions to be expected are discussed.

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