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 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.

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.

Catalan universities and the entrepreneurial discovery process

2017 ◽  
Vol 31 (6) ◽  
pp. 360-372 ◽  
Author(s):  
Elisabetta Marinelli ◽  
Susana Elena-Perez
Keyword(s):  
Policy Implications ◽  
Quadruple Helix ◽  
Entrepreneurial Discovery ◽  
Research And Innovation ◽  
Challenges And Opportunities ◽  
Private Research ◽  
Smart Specialization ◽  
Strategic Market ◽  
Different Characteristics

This article provides new insights into the role of public universities in regional development by looking at their involvement in Research and Innovation Strategies for Smart Specialization (RIS3), a key element of the current European Cohesion Policy. In the latter, stakeholders from the triple or Quadruple Helix (public, private, research and nongovernmental sectors) jointly identify areas for research, development and innovation (RDI) investment. The analysis focuses on the region of Catalonia, which hosts a mix of higher education institutions (HEIs) with different characteristics and different relationships with local innovation stakeholders. The authors examine in-depth one of the main RIS3 funding instruments recently implemented in the region: the Research and Innovation Smart Specialization Strategy for Catalonia Communities. The Communities support the implementation of action plans for industrial research and development, jointly defined by research and private-sector stakeholders in RIS3 strategic areas. The instrument embeds the characteristics of a continuous EDP and enables exploration of the challenges and opportunities that emerge when researchers engage in strategic market-oriented RDI activities. The article highlights how HEIs are evolving and adapting to the new policy environment and concludes with policy implications.

scholarly journals Corporate R&D intensity decomposition: different data, different results?

2020 ◽  
Author(s):  
Pietro Moncada-Paternò-Castello ◽  
Sara Amoroso ◽  
Michele Cincera
Keyword(s):  
Research And Development ◽  
Analytical Methods ◽  
Innovation Policy ◽  
International Comparisons ◽  
Policy Implications ◽  
Data Sources ◽  
Empirical Results ◽  
Research And Innovation ◽  
Research And Innovation Policy ◽  
First Time

Abstract Research and Development (R&D) indicators are used to facilitate international comparisons and as targets for research and innovation policy. An example of such an indicator is R&D intensity. The decomposition of the aggregate corporate R&D intensity is able to explain the differences in R&D intensity between countries by determining whether is the result of firms’ underinvestment in R&D or of the differences across sectors. Despite its importance, the literature of corporate R&D intensity decomposition has been developed only recently. This article reviews for the first time the different methodological frameworks of corporate R&D intensity decomposition and how they are used in practice, shedding light on why sometimes empirical results seem to be contradictory. It inspects how the use of different data sources and analytical methods affect R&D intensity decomposition results, and what the analytical and policy implications are. The article also provides methodological and analytical guidance to analysts and policymakers.

scholarly journals Actual Trends and Features of Organizational Models of Providing Innovative Development of Regions Application

2018 ◽  
Keyword(s):  
Structural Adjustment ◽  
Innovation Policy ◽  
Innovation Management ◽  
Social Activity ◽  
Science Research ◽  
Physical World ◽  
Organizational Models ◽  
Research And Innovation ◽  
Market Opportunities ◽  
Smart Specialization

The importance of the research, science and innovation as the key factors in prosperity is becoming increasingly relevant because humanity is on the verge of a new wave of transformational innovations, a new era in which digital technology is ever closer to the physical world. There is an urgent need to prioritize investments and to fill the gap with breakthrough innovations. It is important to formulate regulatory frameworks that will encourage, but not interfere innovation, and promote business innovation and business environments. A better understanding of the changes in the dynamics of science, research and innovation and their impact on the country will strengthen the response to a rapidly changing world, providing timely interference in the formation of innovation policy. The article presents the main features of nature of innovation changing: speed, complexity, concentration of benefits, consumers, costs. Identified and noted the most influential problems that hamper innovation development: hardware frameworks, blocked problems, inefficient multilevel governance. The advantages of introducing the concept of smart specialization in the regions are highlighted: the study of new market opportunities, the formation of easy knowledge sharing between different fields of knowledge, the use of appropriate diversity in the fields of knowledge, incentives for structural adjustment of the economy through the introduction of innovative practices in the economy and society. The innovation management model based on the interaction of Triple Helix, as synergy between all the innovation-related areas of social activity: research institutions, business, and government on regional level is presented. Social innovations as an instrument for implementing complex inter-sectorial interactions within the framework of strategies for sustainable development and economic growth of the region are noted.

scholarly journals Public / Private Investment Linkages: A Multivariate Cointegration Analysis

2005 ◽  
Vol 44 (4II) ◽  
pp. 805-817
Author(s):  
Abdul Rashid
Keyword(s):  
Public Investment ◽  
Empirical Studies ◽  
Private Investment ◽  
Developed Countries ◽  
Cointegration Analysis ◽  
Public And Private ◽  
Empirical Results ◽  
Long Run ◽  
Stable Association ◽  
The Developed Countries

The issue of whether public investment crowds out or crowds in private investment has received considerable attention in the economic literature. Most of the empirical studies that examined the long run stable association between public and private investment have focused on examining this relationship for the developed countries with very little attention on the developing countries. The empirical results of these studies, however, are highly controversial. The existing empirical studies in this area can be divided into three categories. The studies in the first category including Barro (1974), Kormendi (1983), and Feldstein (1982) have examined the empirical implications of the Ricardian equivalence hypothesis (REH). The empirical results of most of the studies in this category were supportive of the REH. Seater (1993) argues that good empirical studies generally provide evidence in support of the REH; however, some studies refute it owing to the lake of econometric accuracy.

“Pros” and “cons” of the draft Law on long-term programming of scientific research – a mechanism for long-term state regulation of R&D projects in France

2020 ◽  
Vol 22 (4) ◽  
pp. 56-60
Author(s):  
ELENA V. PONOMARENKO ◽  
◽  
VIRGINIE ODDO ◽  
Keyword(s):  
Scientific Research ◽  
Private Investment ◽  
State Regulation ◽  
French Society ◽  
Public And Private ◽  
Research And Innovation ◽  
Support For Innovation ◽  
Leading Position ◽  
Pros And Cons

There is a fierce competitive fight for innovation and talent all over the world. As we know, talented and competent personnel appear in higher education and scientific research. Now, the country’s competitiveness depends both on its ability to realize the innovative potential, and on the ability to respond to global challenges – environmental, social, epidemiological, etc. In this regard, the experience of France, associated with its ambitious goals, to take a leading position in the field of R&D, to update the formation mechanism within the country and attract talented researchers, to strengthen research potential, to develop institutional forms of support for innovation and to attract public and private investment, looks quite interesting. The most important thing for us is a specific toolkit for resolving the contradictions of accumulated problems in French society to develop the processes of research and innovation as a whole. At present, serious discussions are underway on the government’s draft Law on the long-term programming of scientific research, and in this article, we present the results of these disputes.

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.

scholarly journals A Review on Policy Gaps of Agriculture Research and Development (R&D) in India and Their Effect on Agriculture Stakeholders

2021 ◽  
pp. 162-178
Author(s):  
R. Ridhi ◽  
C. Nirmala
Keyword(s):  
Research And Development ◽  
Green Revolution ◽  
Private Investment ◽  
Policy Reforms ◽  
Central State ◽  
Investment Funds ◽  
Public And Private ◽  
The Sustainable Development ◽  
Agriculture Sector ◽  
Current Scenario

Purpose: An impressive stride in the agriculture sector in India after green revolution from a food deficient to food surplus country is attributed to the well-established infrastructure and contribution of various farm families in this sector. In the current scenario, various cons of food surplus and other stagnation issues of the policies need to be contemplated. The various policy reforms should inculcate well utilization of agriculture investment funds, methodologies to allow increments in farmer’s income to prevent their suicidal rates, incentives and requirements for private R&D investment in agriculture while maintaining the sustainable development goal of India. A complete transparent paradigm approach to be followed by the central, state governments and private sectors for fostering agriculture growth is analyzed in this review. The impetus behind the lack of agriculture growth in spite of tremendous productivity measures adopted by farmers, policy makers; public and private investment lies in lacking of an appropriate infrastructure as per current need and demand. It is imperative to foster paradigm protocol in agriculture with articulate government intermediaries to prevent monopoly of a particular authority in due course of time. It develops spurring behavior among stakeholders to form a consortium to revitalize the complete agriculture R&D to obviate the bottle necks hampering agriculture proliferation. Design: The present review highlights the mandatory need in the current scenario to review the agriculture research and development policies and desired amendments as per the needs of the associated stake holders. Paper Type: Review article

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