Helping EU regions’ innovation strategies
Smart specialisation has made a real difference to the way European regions are designing their innovation strategies, creating or reinforcing cooperation at all levels, especially with local industry, but there is room for improvement, to better help regions catch the train of globalisation.
There are four main challenges to promoting regional innovation under the smart specialisation programme. The objective is to make smart specialisation a comprehensive tool to help all regions seize the opportunities brought by technological change, digitisation and industrial modernisation.
- Boosting innovation capacity in less-developed and industrial transition regions
- Increasing cooperation in innovation investment across regions
- The need to reform regional innovation systems
- Facilitating synergies between EU policies and instruments