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Smart Policies for Innovation Growth
Smart Policies for Innovation Growth

Author(s): Todor Galev, Nadezda Gancheva, Roumyana Georgieva, Teodora Georgieva, Fani Koleva, Denitsa Marinova, Miglena Molhova-Vladova, Daniela Tchonkova, Maya Tsaneva, Todor Yalamov
Contributor(s): Teodora Georgieva (Editor), Ruslan Stefanov (Editor)
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, National Economy, Micro-Economics, Energy and Environmental Studies, Political Sciences, Public Administration, Public Law, Sociology, Financial Markets, Public Finances, Human Resources in Economy, Socio-Economic Research
Published by: Фондация »Приложни изследвания и комуникации«

Summary/Abstract: Smart specialisation is a key policy instrument of the European Commission, which European regions can use to identify and develop their competitive advantages. It is based on five guiding principles: place-based priorities; targeted investments in sectors with existing critical mass of resources; bottom-up approach; broad view of innovation that also includes social innovation; clear monitoring and evaluation mechanisms. If these are applied effectively, smart specialisation can help resolve some of the main long-term obstacles faced by the Bulgarian innovation system, such as the lack of sufficient funding for R&D and the weak link between business and science. In turn, this would help achieve the strategic objective of the Innovation Strategy for Smart Specialisation of moving from the modest to the moderate innovators’ group in the European Innovation Scoreboard by 2020.

  • Issue Year: 2018
  • Issue No: 1
  • Page Range: 1-71
  • Page Count: 71
  • Language: English