“…Regions are, however, highly unequal when designing and implementing place-based policies due to differences in the quality of their governments (Charron, Dijkstra, & Lapuente, 2014), their capacities to absorb funds (Oughton, Landabaso, & Morgan, 2002), and their institutional capabilities (Farole, Rodríguez-Pose, & Storper, 2011). The S3 concept, which is the most ambitious place-based policy approach within EU Cohesion Policy, has led to design and implementation challenges in many regions (Foray, 2018;Marques & Morgan, 2018). As any place-based policy strategy, S3 requires supportive institutions and strong policy capabilities at the regional level (Coffano & Foray, 2014).…”