Abstract

ABSTRACTRegional Innovation Strategies 3 (RIS3) are intended to promote the economic transformation of European Union (EU) regions, particularly those that are lagging in development. The introduction of RIS3 has not been without its critics. This is not unexpected given its rapid, and, for some, rather hasty, move from conceptual idea to mainstream EU policy. This paper explores the introduction of the RIS3 approach in North East Romania, one of the EU’s least developed regions. Whilst Romania has launched a national RIS3, the Regional Development Agency for North East Romania also voluntarily embarked upon a process of developing a regional RIS3 for the North East region. This provides a valuable opportunity to explore different spatial dimensions of the smart specialization approach and offers the opportunity to consider the extent to which active and well-regarded research actors can act as anchors to a RIS3 approach in a less developed region. The paper argues that whilst the experience of developing a regional RIS3 offers strong learning benefits, the effectiveness of this will be dependent on supporting institutional structures.

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