Abstract

Purpose. The aim of the article is to substantiate the use of the mechanism of smart specialization to realize the entrepreneurial potential of the regional economy. Methodology of research. The methodological basis of the study is the dialectical method of scientific knowledge. The general and special methods are used during theresearch, including analysis and synthesis, dialectical – to determine the initial conditions and content of smart specialization; analytical – when working on literary and Internet sources; causal – to determine the institutional support of smart specialization; abstract and logical – to outline the main directions of the functioning of smart specialization, the formation of conclusions and proposals. Findings. The issues of the essence, structure and peculiarities of the functioning of smart specialization in the EU and Ukraine are studied; the institutional units that ensure its formation are specified. The peculiarities of the content of smart specialization are considered, the peculiarities of its components in order to achieve economic, innovative, organizational, technological and social goals are determined. The relevance of the study of issues related to the introduction of smart specialization for the development of the regions of Ukraine on the basis of the recommendations of international organizations and the formation of appropriate legal framework is substantiated. The composition and main problems of institutional support of smart specialization are formulated and practical recommendations on its adaptation by subjects in the form of agro-cluster are given, which will allow to increase the efficiency of regional development management. Originality. The substantiation of the influence of smart specialization on the formation of effective functioning of the agricultural cluster on the basis of innovations for the needs of economic entities has been further developed. Practical value. Substantiated research results can be used to create agricultural clusters for the production of niche crops. Key words: smart; smart specialization; strategy; innovation; entrepreneurship; regional economy; agricultural cluster; project.

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