Smart Specialization as a Tool to Foster Innovation in Emerging Economies: Lessons from Brazil
This paper is about the policy concept of smart specialization (RIS3) and its potential for application in emerging economies. This is an important issue as emerging economies continue to struggle against the forces of globalization and targeted investments through RIS3 strategies that may help them boost their (regional) innovation economies. Thus far, RIS3 has mostly been implemented by industrialized EU economies. Due to the structural differences, success in emerging economies may require more extensive groundwork prior to the implementation of an RIS3 strategy. This is specifically noted in the Brazilian example: smart specialization requires careful planning, the country needs to address some of its general issues with lagging innovation before it can focus on successfully implementing an RIS3 strategy. We believe that such an approach would be appropriate for other countries at similar stages of economic development.
Purpose – The purpose of this paper is to introduce findings of comparative analysis and various models based on cultural heritage resources to foster regional development.
Design/methodology/approach – Comparison of operational schemes, market positions and branding of three successful cultural heritage centers in Germany, Great Britain and Russia demonstrates a variety of regional development models based on cultural resources and tourism development, and reveals their advantages and disadvantages.
Findings – The paper evidences the potential of cultural resources and the tourism sector as drivers for regional development, and helps formulate basic recommendations for the Russian situation requiring elaboration of adequate financial and social instruments.
Originality/value – The paper provides a complex analysis of different operational models in three European countries with regard to specific national situations and specificity of heritage operational management.
The monograph reflects on the dynamics of the EU role in global governance processes, presents analysis of the methods and instruments the EU employs for achieving its objectives in the international arenas, models and options of multilateral partnerships. The EU’s evolving role and influence in the G7/G8 over the last ten years reflecting its growth in power and influence as well as the EU expanding community competencies and legal authority is specifically explored, as an area which so far has not been sufficiently investigated. The work is tracing the transformation of the EU identity as a global actor in the recent decade and looks into how these changes affect the EU – Russia relationship. The book adds value to the scholarly literature in the field of studying the EU as a global actor. The contributions aim to serve as a reference and analysis for academics and students in the fields of political science, economics, law and other disciplines. The work aspires to be helpful to government officials, financial institutions, research libraries, the news media, and to members of the interested public.
This volume analyzes the evolution of geo-political and economic integration in the Eurasian area. The Eurasian integration is a growing phenomenon and the largest scale analysis proves necessary to avoid simplistic judgments based only on the geo-political approach. The editors of this publication present different profiles of integration, such as the geo-political and constitutional aspect, the relations with the European Union, migration issues, energy flows, the compatibility between the Eurasian and the WTO law, and the comparison with the European integration model. The book presents a wide range of viewpoints through essays of specialists from Russia, Ukraine, Lithuania, Belarus, Italy, France.