| Term | Description |
|---|---|
| Smart Specialisation Strategies | Conceived within the reformed Cohesion policy of the European Commission, Smart Specialisation is a place-based approach characterised by the identification of strategic areas for intervention based both on the analysis of the strengths and potential of the economy and on an Entrepreneurial Discovery Process (EDP) with wide stakeholder involvement. It is outward-looking and embraces a broad view of innovation including but certainly not limited to technology-driven approaches, supported by effective monitoring mechanisms. Assessment and detailed mapping in the 6 pilot countries and regions Smart specialisations will be mapped also for mirror regions. |