A warm welcome for
the knowledge economy
Four of Europe’s outermost island regions are on the way to becoming true
knowledge economies, thanks to the IN.TRACK project.
A ‘knowledge economy’ means using knowledge, particularly technological
and innovation knowledge, for economic benefit. In the
rush to develop the knowledge economy it is important that smaller,
less developed or remote regions are not left behind due to lack of
expert help and resources. However, encouraging a knowledge economy
can be a two-edged sword, with bigger and wealthier regions
forging ahead while smaller ones flounder, widening the gap between
stagnation and growth.
To avoid this and help all EU regions reap the maximum benefits from
the growing knowledge economy, the ‘Regions of Knowledge’ initiative
was created. Regions of Knowledge is an EU pilot action which
consists of 14 projects that are developing strategies to implement
the knowledge-based economy through cooperation and technological
development between regions.
IN.TRACK is one of these 14 projects and is working with 4 regions
– Madeira, Crete, Sicily and the Canary Islands – to support new measures
to promote technological development and inter-regional
cooperation between peripheral EU regions.
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Four regions, four action plans
These islands are all major tourist destinations whose beautiful landscapes
attract thousands of visitors every year. Before tourism soared
in the 1970s they were almost solely agriculture based, producing
fruit, vegetables, wine and olives.
The regions all have very specific qualities. In spite of the rapid expansion
of tourism, Crete still has a thriving agricultural economy and
supplies much of Greece with fruit and vegetables. The Canary Islands
traditionally produce bananas, tomatoes, potatoes and tropical fruit,
while Sicily exports lemons and oranges and Madeira produces handicrafts,
wine and tobacco. What characterises all four regions, however,
is their geographic isolation.
IN.TRACK had four main objectives. The first of these was an evaluation
of the current innovation and technology knowledge and an
assessment of the possible value of knowledge in the islands. The
second was to launch a professional awareness raising process to
publicise the Regions of Knowledge idea. The third was to ensure that
key people in the area (such as scientists, technologists, regional
authorities and investors) were involved. The fourth was to develop
an inter-regional network to enhance the exchange of learning and
experiences through shared plans of action.
Creating a knowledge economy blueprint
The project set out to develop integrated strategies to create knowledgebased
policies tailored to each region. In order to achieve this, three
methods of analysing the regions’ present circumstances and future
needs were carried out: First came a SWOT analysis (Strengths,
Weaknesses, Opportunities and Threats), a well established method of
business analysis which detailed the present situation in each region.
The results of this exercise provided a clear picture of how knowledgebased
development should be carried out in each region.
Secondly, another business tool called a Strategic Gap Analysis
showed where the ‘gaps’ were in the knowledge economy of each
region and helped to pinpoint the actions needed. Thirdly, a European
Awareness Scenario Workshop, which is a business workshop using
a technique called the Regional Foresight Methodology, was held.
Usually the foresight methodology tool consists of brainstorming sessions
and filling in questionnaires, but IN.TRACK took this a stage
further and introduced a well-structured and consensus building
methodology with dialogue and collaboration between representatives
of the regions including investors, technology experts,
administrators and representatives from regional business.
These discussions focused on many issues concerning the islands’ attitudes
to the knowledge-based economy and covered economic,
political, technological, cultural and social values. At the end of the
workshop, one of the main results of the project was formulated – a set
of four blueprints listing what needs to be achieved in each region.
Towards a better quality of life
Out of the blueprints came four regional action plans in which the
islands focused on particular areas. For example, the Cretan partners
made a list of actions to be carried out with the help of regional authorities.
These involved infrastructure, the modernisation of the
agricultural sector, the development of the tourism sector, integrating
research and education into the island’s economy, and raising society’s
awareness of the importance of a knowledge economy.
As a result of the blueprints the IN.TRACK partners formulated the following
collective statement on their intentions for their regions:
‘The regions of the Canary Islands, Crete, Sicily and Madeira strive to
accomplish the goals of a diversified economy based on the information
society and the converging technologies, while strengthening
an innovation culture based on private-public partnerships aimed at
enhancing the society’s orientation towards education, research and
continuous training. Additionally, they share the vision that a cohesive
society will be developed by the growth of the societal capital
of the four regions sustaining high quality of life standards, desirable
to any European citizen.’
For these four regions the opening up of the knowledge economy is
a way to a better quality of life, better job prospects and improved
regional competitiveness.
One of the best things about the IN.TRACK model is that it is very flexible.
A strong focus on workshops and discussions at a local level gives
enough flexibility to allow many different opinions to be heard and
a region’s own strengths, culture and identity to play a part in creating
its knowledge economy. The IN.TRACK model is now going to be
carried out in other very culturally distinctive regions such as the
Balearic Islands, the Azores, Sardinia, Corsica and Scotland’s highlands
and islands.