SMART SPECIALISATION IN FINNISH REGIONS: HOW TO FACILITATE CONTINUOUS ENTREPRENEURIAL DISCOVERY PROCESS?

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Researchers

Research units

  • Lappeenranta University of Technology

Abstract

Smart specialisation was launched as the innovation policy of European Union (EU) to foster regional innovation and economic transformation. The existence of research and innovation strategies for smart specialisation (RIS3) was set as a prerequisite for European regions to be eligible for receiving funding for European structural investment funds (ESIF). Today, the focus of European Commission (EC) is to strengthen the sustainability aspect of the smart specialisation approach. It is not enough that regions develop smart specialisation strategy as a one-time effort. The regions should ensure the establishment of continuous collaboration with the entrepreneurial actors to realize smart specialisation strategy, to assess the results of the implementation efforts and to refine strategy when needed. There has been few studies in prior research related to continuous entrepreneurial discovery process and the underlying mechanisms to sustain stakeholders’ engagement. Our paper explores how regional councils in Finland facilitate continuous stakeholder interaction in the context of smart specialisation. The objective is to identify key mechanisms for continuous entrepreneurial discovery process. As key findings of our semi-structured interviews with the regional councils in Finland, we identify the development of specific frameworks and tools, the establishment of horizontal and vertical innovation networks and the integration of smart specialisation in regional development cycle as key mechanisms to facilitate continuous stakeholder interaction. Our work contributes to current debate on conceptual underpinnings of continuous entrepreneurial discovery process. We also provide practical examples for other EU regions how to sustain continuous stakeholder interaction in the context of smart specialisation.

Details

Original languageEnglish
Title of host publicationTowards Sustainable Technologies and Innovation
Subtitle of host publication27th Annual Conference of the International Association for Management of Technology
EditorsBreno Nunes, Ali Emrouznejad, David Bennett, Leon Pretorius
Publication statusPublished - 25 Apr 2018
MoE publication typeA4 Article in a conference publication
EventInternational Conference on Management of Technology - Birmingham, United Kingdom
Duration: 22 Apr 201826 Apr 2018
Conference number: 27

Conference

ConferenceInternational Conference on Management of Technology
Abbreviated titleIAMOT
CountryUnited Kingdom
CityBirmingham
Period22/04/201826/04/2018

    Research areas

  • Collaborative Innovation, entrepreneurial discovery process, private-public sector, regional innovation system, research and innovation strategies for smart specialisation, smart specialisation

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