Abstract

Competition in global markets shapes a multi-dimensional space so that a given geographical context can imply the simultaneous presence of very different competitors. Research and innovation are acknowledged to play a key role in maintaining sustainable levels of growth and employment. Restoring sustainable growth will only be possible if the EU boosts competitiveness and promotes innovation in the industry and services sectors. In recent years, the so-called “smart specialisation” has assumed great importance in the policies for economic growth of European regions. The smart specialisation strategy defines itself as a flexible and dynamic innovation strategy for a new phase of development, which passes through the global transformation of the economic environment.

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