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Smart Specialization Strategy: Does It Really Foster Regional Competitiveness? Smart Specialization and Regional Competitiveness

Smart Specialization Strategy: Does It Really Foster Regional Competitiveness? Smart Specialization and Regional Competitiveness
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Author(s): Nibedita Saha (Tomas Bata University in Zlin, Czech Republic), Tomas Saha (Tomas Bata University in Zlín, Czech Republic)and Petr Saha (Tomas Bata University in Zlin, Czech Republic)
Copyright: 2019
Pages: 31
Source title: Smart Specialization Strategies and the Role of Entrepreneurial Universities
Source Author(s)/Editor(s): Nuno Caseiro (Polytechnic Institute of Castelo Branco, Portugal)and Domingos Santos (Polytechnic Institute of Castelo Branco, Portugal & New University of Lisbon, Portugal)
DOI: 10.4018/978-1-5225-6152-1.ch005

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Abstract

This chapter deliberates the significance of smart specialization strategy and its impact on regional development that enable a region to become more creative and innovative. Consistently, the emergence of smart specialization strategy is the cornerstone of creating a unique platform for enhancing territorial competitiveness and knowledge-driven innovation center through promoting entrepreneurial universities within the region connected to the regional growth scheme. Therefore, the authors investigate what makes regions competitive. What fosters growth in one region may be under a bottleneck effect in another. This chapter represents an accessible approach for identifying competitors and their particular circumstances that discuss regional entrepreneurial discovery process and their competitiveness from a conceptual perspective.

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