Chapter 14 Smart specialisation, peripheries and EU Cohesion Policy
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The EU narratives on Cohesion policy figure prominently the role of innovation in boosting jobs and growth all across Europe and the ambition to close the divide between the innovation leaders and the laggards. As such, smart specialization - as an ex-ante conditionality for the 2014-2020 ECP - is expected to ensure that research and innovation resources reach critical mass in the less developed EU regions and countries. This Chapter applies a regional innovation system framework to investigate how organizational and institutional ”thinness” and network failures impact on the RIS3 agenda of the lagging regions in Central and Eastern Europe. With a view to the post-2020 ECP, the study elaborates on the broad-based innovation concept, whose adoption by the regions with less developed research and innovation systems is strongly recommended.

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