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2019 | OriginalPaper | Chapter

Smart Specialisation and the Entrepreneurial Discovery: A New Approach to Design Structural Change

Authors : Hugo Pinto, Carla Nogueira, Chiara Carrozza, Raphael D’Emery

Published in: New Paths of Entrepreneurship Development

Publisher: Springer International Publishing

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Abstract

The implementation of a research and innovation strategy anchored in the principles of ‘smart specialisation’ can be an important catalyst for regional development. Even in regions that are less technology intensive and with a gap in terms of socio-economic development, the potential of selectivity with the introduction of ‘entrepreneurial discovery’ mechanisms is essential for designing successful policies and actions. The ‘entrepreneurial discovery’—the finding of a new sector or activity emerging from existing localized capacities and market demands—is not an original idea, in practice it has always happened in any structural change process and most of the time in a spontaneous way. The novelty of ‘smart specialisation’ strategies is the formal and explicit character that the ‘entrepreneurial discovery process’ assumes. This chapter discusses different approaches to the process of ‘entrepreneurial discovery’, paying special attention to participatory models.

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previous chapter How Do Smart Cities Impact on Sustainable Urban Growth and on Opportunities for Entrepreneurship? Evidence from Portugal: The Case of Águeda
next chapter Institutions and Innovation as Driving Forces Towards a Smart City and Sustainable Territorial Development
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Metadata
Title
Smart Specialisation and the Entrepreneurial Discovery: A New Approach to Design Structural Change
Authors
Hugo Pinto
Carla Nogueira
Chiara Carrozza
Raphael D’Emery
Copyright Year
2019
Publisher
Springer International Publishing
Book
New Paths of Entrepreneurship Development

Print ISBN: 978-3-319-96031-9

Electronic ISBN: 978-3-319-96032-6

Copyright Year: 2019

DOI
https://doi.org/10.1007/978-3-319-96032-6_4