The institutional challenges of dynamic regional innovation strategies

Orkestra Basque Institute of Competitiveness

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2022
Aranguren, M.j., Morgan, K., Wilson, J.R.
Reginal Studies

Keywords: place-base innovation policy, Smart Specialisation Strategy, institutions, entrepreneurial discovery

JEL Codes: 025, 031, R58

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Abstract

Smart Specialisation Strategies (S3) are widely used to guide place-based innovation policy. However, there is little analysis of the institutional frameworks necessary for implementing multi-actor entrepreneurial discovery processes. This paper explores the evolution of institutions in the Basque Country region over a four-year period. It conceptualizes two levels of institutions: the overall architecture established to pursue an S3; and the micro-processes that emerge to particularize and valorize priorities. The paper highlights lessons relating to the experimentalism of S3, monitoring and evaluation, the engagement of small and medium-sized enterprises and civil society actors, and mechanisms for amplifying the voice of regions.

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