Abstract
The concept of smart specialisation strategy is a novel approach to innovation policy of European Union in the regions. Because of its novelty, amount of scientific work on the topic is relatively small. Nevertheless, particular issues relating to the concept have been formerly discussed within the fields of economics and management studies. The purpose of this article is to discuss the topic in the light of development of economic thought and to place the smart specialisation strategy concept within existing theories in the field of organisation theory and innovation management.
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