Advances in the Theory and Practice of Smart Specialization

Regional growth in the European Union hinges to a large extent on smart specialization, a new and exciting theme in economic innovation studies.�Advances in the Theory and Practice of Smart Specialization�illuminates problems that have stifled the implementation of smart specialization policies, such as unique regional constraints and the inter-dependent demands of economic growth and commercial development. Forward-looking and pragmatic, it provides guidance for developing smart specialization strategies both to those involved in European affairs and others grappling with regional innovation and economic development worldwide.

• Emphasizes specific contexts for smart specialization, its international approach and institutional preconditions
• Examines comparable initiatives worldwide
• Explains how to implement smart specialization policies given different development levels of regions and countries