Analysis of key parameters of Smart Specialisation Strategies (S3)

This study builds upon the comprehensive set of data which was gathered in the predecessor study “Study on prioritisation in Smart Specialisation Strategies in the EU” and contains key parameters of each strategy. Five core issues are examined in this study based on the previously collected data.

Overall, the S3 and its concept prove to be relevant for a number of EU priority areas. First, it is found that the 185 S3 provide a vast potential for cooperation, however, it is concluded that this potential is still untapped. Second, the priority areas of the 185 S3 of the 2014-2020 period show considerable connections to topics of the Twin Transition. Third, the S3 also have thematic connections to projects of H2020 as well as the key Horizon Europe funding areas which further underlines the potential for synergies between ERDF and Horizon funding. In addition, this study adds to the literature by developing a theory of what is a good S3, i.e. tailored to the technological opportunities and capabilities in Member States/regions and gives clear indications about which policy approach specific types of Member States/regions should adopt. Moreover, the study develops an integrated methodology and a single comparative for the S3 Scoreboard that includes all 185 S3.Overall, this study underlines the usefulness of S3 in broader context (e.g., in contributing to key Commission priorities) and provides guidelines for the further development of the S3 concept.