Smart specialization of regions as an innovative vector of industrial policy

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Title:

Smart specialization of regions as an innovative vector of industrial policy

Authors:

Nosyriev, Oleksandr

Affiliation:

National Technical University «Kharkiv Polytechnic Institute» 2, Kyrpychova str., Kharkiv, Ukraine, 61002

Bibliographic description (International):

Nosyriev, O. (2022) Smart specialization of regions as an innovative vector of industrial policy. Socio-Economic Problems and the State (electronic journal), Vol. 27, no. 2, pp. 115- 130. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2022/22noovpp.pdf

Issue:

2(27)

Issue Date:

Dec-2022

Submitted date:

Nov-2022

Date of entry:

27-Dec-2022

Publisher:

Ternopil Ivan Puluj National Technical University

Country (code):

Place of the edition/event:

Ternopil

ORCID Id:

https://orcid.org/0000-0003-4089-3336

DOI:

UDC:

https://doi.org/10.33108/sepd2022.nom2.115

338.2:338.45

JEL:

O18
L50

Keywords:

інноваційний розвиток
смарт-спеціалізація
промисловість
розвиток регіональних економічних систем
innovative development
smart specialization
industry
development of regional economic systems

Number of pages:

Page range:

115-130

Start page:

115

End page:

130

Abstract:

It is proven that the country’s post-war recovery policy should take into account previous development miscalculations, and the recovery itself should be considered as a “window of opportunity” for the formation of a new highly productive and high-tech “smart” and “green” economy, an important component of which should be modern industry. It is substantiated that smart specialization involves not so much the stimulation of innovations as the activation of long-term structural changes in the region’s economy with an orientation to the future, that is, the formation of such a policy that will enable the region to occupy important niches in global markets. The experience of implementing the strategy of smart specialization in the European Union is considered. Together with the development of entrepreneurship and the cluster structure of industry, it is part of the economic decentralization of Ukraine. Attention is focused on the fact that, against the background of a slight increase in the share of high-tech industries in the overall structure of the country’s industry, there is a decrease in the specific weight of medium-tech industries and an increase in the share of low-tech industries. The results of the application of the smart approach to the strategic planning of the development of regions should be the modernization of industry and its transition to a new technological structure, the activation of the innovative technological and “digital” potential of the territories. The necessity of implementing the concept of smart specialization for effective synergistic use of public investments, supporting countries/regions in building their innovation potential while simultaneously focusing limited human and financial resources on several competitive areas in order to promote economic growth has been proven. Ways to achieve and tasks of implementing the smart specialization approach in the national economic strategy are systematized. The strategic vectors of ensuring sustainable development and smart specialization of industry are substantiated.

Sponsorship:

The authors received no direct funding for this research.

URI:

http://elartu.tntu.edu.ua/handle/lib/39637

ISSN:

2223-3822

Copyright owner:

Socio-Economic Problems and the State

URL for reference material:

References (International):

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Smart specialization of regions as an innovative vector of industrial policy

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