Smart specialisation strategy assessment in Baltic States

Abstract

Smart specialisation strategy (RIS3) is topical for each European Union member state -including the Baltic States. It is a smart tool for the European Union (EU) Structural Funds absorption from 2014 to 2020. Each EU member state has set their own priorities based on the country specialisation and economy strengths and weaknesses. For RIS3 development evaluation, there is RIS3 Assessment Wheel developed -a tool for assessing the RIS3 in a chosen region and positioning it between other regions. The aim of research is to find main differences between RIS3 development in the Baltic states. The tasks of research are 1) to compare existing RIS3 Assessment Wheel of Latvia and create authors version of RIS3 Assessment Wheel of Latvia; 2) to create RIS3 Assessment Wheel of Lithuania and Estonia; 3) to make comparisons between created RIS3 Assessment Wheels. The research performed is mainly based on the desk research by using content analysis and the monographic method. In all three Baltic States, there is a lack of information available about revision of priorities in connection with RIS3 development. In order to achieve the aims set in RIS3, it is essential to finish work on RIS3 legislation in Latvia, and introduce the systematic approach to RIS3 target evaluation in all Baltic States.

Smart Specialisation Concept Application in Universities: E-Business Online Studies Model Development

“…The European Commission has developed a Smart specialisation platform where information about the RIS3 "Assessment wheel" is published. It is an assessment tool for RIS3 development in a country or [5].…”

Do Regional Smart Specialization Strategies Affect Innovation in Enterprises?

“…The analyses completed by Asheim et al [28] suggest that mutual interaction between a set of features that are specific to the region shapes the development and implementation of smart specialization practices in different ways. The literature on the subject also features numerous articles regarding evaluation and monitoring of RIS3 as a concept (e.g., [29][30][31][32][33][34]). Kern, Rogge, and Howlett [12] think that in order to stimulate innovations, it is advisable to combine technology-pushing instruments and demand, whereas research on missionoriented policies favored combinations of policies rather than single-policy instruments.…”

Stakeholder engagement through entrepreneurial discovery? Lessons from countries and regions in Central and Eastern Europe

“…Kattel and Stamenov (2017, p. 5) assert that Estonia's selection process of the smart specialisation areas was top-down. In Latvia, non-governmental organisations (NGOs) promoting economic growth were part of the EDP (Latvian Government, 2013), but the governance around RIS3, with regard to management structures, breadth of participation and communication, has not been fully developed (Gemma & Bulderberga, 2017).…”