A Smart specialization strategy for sustainable development of regions

Abstract

Changes in the global economy facilitated the creation of new strategies and models for socio-economic development of countries and areas. The transition to a digital technological level, the strengthened role of the civil society and the priority of national interests determine the necessity to search for tools to provide a sustainable and coordinated development of territories, creating a favorable economic, social and institutional environment and conditions for a well-balanced interaction of all participants on the market. One of the tools for highly effective transformations is social innovation, which has a huge socio-political transformative potential. The article presents the theoretical basis and the opportunities for practical implementation of the strategy for smart specialization of regions. It shows the application of helix models and social innovations in strengthening the socio-economic position of regions and increasing their competitiveness and sustainability.

Sustainable Economic Development: A Systematic Literature Review on Global Perspectives and Strategies

“…One approach highlighted in the literature is the concept of smart specialization, which aims to drive sustainable development by focusing on identifying and developing unique regional strengths to promote sustainable growth (Manolov et al, 2020). Additionally, the role of institutions in fostering sustainable development at the regional level is crucial, as they can help balance economic yield with long-term sustainable development goals (Sedlacek & Gaube, 2009).…”

“…Collaborative initiatives, such as those aimed at promoting sustainable economic development through tourism in cross-border regions, demonstrate the potential for overcoming challenges and leveraging opportunities ("Increasing tourism opportunities for crossboarder destinations -case study of Pelagonija Region'', 2022). Strategies for sustainable development, such as smart specialization, based on international experiences, can guide effective socio-economic policies for regions (Manolov et al, 2020). Overcoming challenges and ensuring the sustainable development of sectors like agritourism require careful planning and management (Adamov et al, 2020).…”

Fomento de la Innovación Social: La España vaciada

“…No sólo las teorías recientes sobre IS, aún insuficientes, se orientan a una IS pegada al territorio y de carácter multisectorial (Domanski et al, 2020), sino que se mantiene la necesidad de continuar buscando y perfeccionando herramientas que desarrollen los territorios de forma sostenible y coordinada (Manolov et al, 2020). Además de que no se debe visualizar la IS con una mirada cortoplacista (Inunciaga, 2022), se necesita más trabajo teórico y empírico para que la IS pueda llegar a convertirse en una herramienta de progreso de plena eficacia política (Grimm et al, 2013).…”

“…En términos territoriales, la aplicación de la IS fortalece la posición socioeconómica de las regiones al incrementar su competitividad y sostenibilidad (Manolov et al, 2020). Y lo hace al basarse en una perspectiva de rentabilidad económica, no sólo social.…”

Accelerators of socio-economic development of the region

“…2. В настоящее время имеются попытки методологического обоснования сопутствующих эффектов, которые показывают положительное влияние компаний -акселераторов роста не только с точки зрения горизонтальных эффектов (по большинству социально-экономических показателей) [10], но и с точки зрения эффектов вертикальных (доходы, производительность, рентабельность активов и др. ), оцениваемых на основе матриц «затраты -выпуск».…”