Higher Education, Regional Development and Smart Specialisation
This publication is a Technical Report by the Joint Research Centre, the European Commission's in-house science service. It aims to provide evidence-based scientific support to the European policy-making process. The scientific output expressed does not imply a policy position of the European Commission. Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use which might be made of this publication. This document replaces the publication
... he publication titled 'The role of government institutions for smart specialization and regional development' with ISBN number 978-92-79-34522-7, EUR number 26280 EN and PUBSY request number JRC85996. The corrections made in the new document are: addition of authors' affiliations; addition of abstract and keywords' list; addition of disclaimer; use of new template. JRC88935 EUR 26562 EN ISBN 978-92-79-36413-6 (PDF) ISSN 1831-9424 (online) Abstract Research and innovation strategies for smart specialisation (RIS3) are trying to introduce a new vision of innovation policy in European regions. However, the success of RIS3 policy measures is closely dependent on the capacity of regional government institutions to act as coordinators or facilitators of the interventions. The way in which institutional mechanisms govern innovation processes and provide incentives for the interaction between regional actors remains a largely unexplored area of scientific research. This policy note discusses the importance of sound institutional frameworks for the effectiveness of smart specialisation, presenting an econometric study that investigates the link between government institutions and innovation. The empirical results confirm the key role played by governance structures for technological advances at the regional level, suggesting that the greatest gains in innovative capacity from institutional reforms would be obtained in peripheral territories where the initial level of government quality is lower. This analysis has important implications for the identification of the necessary prerequisites for successful RIS3 strategies in EU regions.