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Guide to Research and Innovation Strategies for Smart Specialisation

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But how <strong>to</strong> present the prioritised areas? If the areas are presented in a <strong>to</strong>o generic way, such as<br />

eco-innovation; green energy; sustainable mobility or healthcare, most regions will fail <strong>to</strong> signal<br />

their unique competitive strengths. To be credible, effective <strong>and</strong> suitable <strong>for</strong> a concrete action<br />

plan (see next step), the priorities need <strong>to</strong> be expressed more precisely, such as ICT-based<br />

innovation <strong>for</strong> active ageing; or innovative solutions <strong>to</strong> reduce city congestion; wood-based<br />

solutions <strong>for</strong> eco-construction, etc.<br />

Prioritisation always entails risks <strong>for</strong> those who have <strong>to</strong> select those few domains that, as a result,<br />

will get privileged access <strong>to</strong> public funding. Common approaches followed in the past, which<br />

should not be repeated, were:<br />

• spreading the money across the most powerful lobbies with the frequent outcome that there<br />

were <strong>to</strong>o many priorities aiming at preserving the status quo rather than <strong>to</strong> look at future<br />

opportunities, or<br />

• imitating other regions. In that case, if the choice proved <strong>to</strong> be a mistake, at least this was a<br />

mistake others have made as well. At the end of the day regions contributed <strong>to</strong> produce a<br />

system with <strong>to</strong>o many small sites doing the same things <strong>and</strong> where agglomeration<br />

externalities were dissipated.<br />

However, these approaches failed <strong>to</strong> take in<strong>to</strong> account the essential knowledge in this matter,<br />

which is entrepreneurial knowledge. <strong>Research</strong> <strong>and</strong> innovation strategies <strong>for</strong> <strong>Smart</strong> <strong>Specialisation</strong><br />

should address the difficult problem of prioritisation <strong>and</strong> resource allocation based on the<br />

involvement of all stakeholders in a process of entrepreneurial discovery, which should secure a<br />

regionally- <strong>and</strong> business- driven, inclusive <strong>and</strong> open prioritisation process.<br />

There are different methodologies <strong>to</strong> organize such processes, e.g. surveys, seminars with<br />

participa<strong>to</strong>ry leadership methods, crowdsourcing, etc.<br />

Such an open, participa<strong>to</strong>ry process, <strong>to</strong>gether with the reliance on robust evidence base on<br />

regional assets, are the best guarantees <strong>to</strong> avoid both the risk of capture by interest groups <strong>and</strong><br />

the risk of lock-in in<strong>to</strong> traditional activities. Once the priorities are adopted it is important that<br />

the strategy is validated <strong>and</strong> endorsed by a broad regional constituency (in the <strong>for</strong>m of a<br />

representative Council or Forum, or through <strong>to</strong>p-level events).<br />

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