Smart Specialization and Capabilities for Offshore Wind Services around the North Sea

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    Abstract

    This paper addresses a growing gap between the policy practice of “Smart Specialization strategies” and its theoretical base. The concept of Smart specialization has attracted a high level of policy interest and has been adopted widely in policy circles in Europe. However, Smart Specialization lacks an empirical and theoretical foundation that can help guide its application in practice. This paper develops a framework based on two strings of literature, namely the fields of evolutionary economic geography and innovation systems. Subsequently the framework is applied on a regional mapping exercise conducted in an EU funded ‘Regions of Knowledge’-project that focuses on the Offshore Wind Service sector in four regions around the North Sea. The purpose is to illustrate how a strategy-making process can be guided by a few theory based principles in pursuing the goals of smart specialization. The findings support that regions differ in terms of knowledge assets, capabilities and capacity in different parts of the value chain and consequently build on different starting points for Smart Specialization strategies.
    Original languageEnglish
    Title of host publicationProceedings of 25th ISPIM Conference – Innovation for Sustainable Economy and Society
    EditorsK.R.E. Huizingh, S. Conn, M. Torkkeli, I. Bitran
    Number of pages13
    PublisherInternational Society for Professional Innovation Management
    Publication date2014
    ISBN (Electronic)978-952-265-590-5
    Publication statusPublished - 2014
    Event25th ISPIM Conference - Dublin, Ireland
    Duration: 8 Jun 201411 Jun 2014
    Conference number: 25

    Conference

    Conference25th ISPIM Conference
    Number25
    CountryIreland
    CityDublin
    Period08/06/201411/06/2014

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