Smart specialisation has helped with innovation strategies, but more is needed

Smart specialisation has helped with innovation strategies, but more is needed

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, according the European Commission.

Challenge 1: Boosting innovation capacity in less-developed and industrial transition regions

Challenge 2: Increasing cooperation in innovation investment across regions

Challenge 3: The need to reform regional innovation systems

Challenge 4: Facilitating synergies between EU policies and instruments

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