5 Steps to Smarter Specialisation

The world’s most innovative regions have much in common – excellent universities, cutting-edge industry and talented entrepreneurs. But how can regions that lack one or all of those key ingredients build a more innovative local economy? Where do they start, and what are the essential building blocks?

The 5 proposed steps are:

• embrace experimentation
• entrepreneurs make it happen
• moving up the value chain
• connecting research and industry
• start from where you are -and build bridges.

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