Turning Technological Relatedness into Industrial Strategy: The Productivity Effects of Smart Specialization in Europe In this article we evaluate the impact of smart specialization policies on European regional economies. We propose a novel analytical framework that considers the policy prescription defined by the...

Want to explore more? Check out the full paper here: 🔗 www.tandfonline.com/eprint/YKTZJ...

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This highlights a key lesson for policymakers: Related diversification matters. Leveraging existing capabilities can play a crucial role in fostering regional growth and innovation.

Analyzing Smart Specialization priorities in 102 European regions, we find that these strategies tend to be more effective in boosting labor productivity when they build on preexisting technological strengths.

We introduce a novel framework that examines how the entrepreneurial discovery process (EDP) identifies new growth opportunities and the role of technological relatedness in setting industrial priorities.

Turning Technological Relatedness into Industrial Strategy: The Productivity Effects of Smart Specialization in Europe In this article we evaluate the impact of smart specialization policies on European regional economies. We propose a novel analytical framework that considers the policy prescription defined by the...

🚀 New publication alert! Our latest paper evaluates the impact of Smart Specialization policies on European regional economies. Curious about how innovation strategies drive growth? Read it here: 🔗 www.tandfonline.com/eprint/YKTZJ...