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Guide to Research and Innovation Strategies for Smart Specialisation

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have <strong>to</strong> spend 20% of their ERDF allocations on this <strong>to</strong>pic, <strong>and</strong> the less developed regions<br />

6%. Rural development policy has also rein<strong>for</strong>ced its contribution <strong>for</strong> the energy investments.<br />

Yet, achieving the EU's 20-20-20 objectives on greenhouse gas emissions, energy efficiency<br />

<strong>and</strong> renewables will require further innovations <strong>and</strong> a revolutionised energy system. In<br />

addition <strong>to</strong> this large scale roll-out of already established solutions, research <strong>and</strong> innovation<br />

will thus be critical <strong>to</strong> make new, cleaner, more efficient energy sources commercially<br />

attractive at the scale needed. The Strategic Energy Technology Plan (SET-Plan) 161 provides a<br />

long term agenda <strong>to</strong> address the key innovation bottlenecks. Thus, in assessing their position<br />

<strong>and</strong> assets in the context of the development <strong>and</strong> the subsequent implementation of their<br />

innovation strategies <strong>for</strong> smart specialisation, regions are invited <strong>to</strong> make full use of the<br />

knowledge developed in the framework of the SET-Plan.<br />

Eco-innovations<br />

The <strong>for</strong>thcoming EU Eco-<strong>Innovation</strong> Action Plan underscores that eco-innovations are central<br />

<strong>to</strong> addressing the challenges of resource scarcity, air, water <strong>and</strong> soil pollution or water<br />

efficiency. Eco-innovations also create major opportunities <strong>for</strong> growth <strong>and</strong> jobs <strong>and</strong> increase<br />

European competitiveness within the global market, which is estimated <strong>to</strong> grow <strong>to</strong> a trillion €<br />

market after 2015 162 . Already 45% of companies have introduced some type of ecoinnovation.<br />

It has been estimated that around 4% of eco-innovations led <strong>to</strong> more than a 40%<br />

reduction of material use per unit of output 163 , highlighting the great future potential.<br />

They must be promoted not only through technologies, but also through business processes<br />

<strong>and</strong> organisational change. In particular a closed-loop economy that aims <strong>to</strong> reduce, in<br />

absolute terms, inputs, waste <strong>and</strong> the release of harmful substances along the value chain <strong>and</strong><br />

foster re-use, recycling <strong>and</strong> resource substitution should be further rein<strong>for</strong>ced.<br />

This needs new business models, industrial symbiosis, product service systems, product<br />

design, full life cycle <strong>and</strong> cradle-<strong>to</strong>-cradle approaches. Managing authorities are encouraged<br />

<strong>to</strong> put eco-innovations at the core of their innovation strategies as a cross-cutting requirement<br />

in all sec<strong>to</strong>rs, liaising with the area specific stakeholders in the field of energy, water <strong>and</strong><br />

other natural resource management. The aim is <strong>to</strong> embed eco-innovations from the outset in<br />

the design <strong>and</strong> development of the strategies <strong>and</strong> programmes <strong>for</strong> innovation <strong>and</strong> tap in<strong>to</strong> its<br />

opportunities.<br />

Nature<br />

Eventually, the challenges regions face in terms of adaptation <strong>to</strong> climate change <strong>and</strong> the<br />

preservation <strong>and</strong> management of their natural assets ask <strong>for</strong> innovative approaches <strong>for</strong> regions<br />

<strong>to</strong> fully benefit from the underlying opportunities. Nature <strong>and</strong> its resources need <strong>to</strong> be fully<br />

integrated in the regional approaches <strong>to</strong> sustainable growth <strong>and</strong> the national/regional<br />

innovation strategies <strong>for</strong> smart specialisation.<br />

161 http://ec.europa.eu/energy/technology/set_plan/set_plan_en.htm<br />

162 European Parliament 'Policy Department Economic <strong>and</strong> Scientific Policy, Eco-innovation - putting the EU on<br />

the path <strong>to</strong> a resource <strong>and</strong> energy efficient economy, Study <strong>and</strong> briefing notes', March 2009.<br />

163Eco-innovation Observa<strong>to</strong>ry 'The Eco-<strong>Innovation</strong> Challenge - Pathways <strong>to</strong> a resource-efficient Europe -<br />

Annual Report 2010', May 2011.<br />

106

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