Show Less
Restricted access

International Practices of Smart Development

Series:

Edited By Robertas Jucevicius, Jurgita Bruneckiene and Gerd-Bodo von Carlsburg

Smart people make a smart city. This volume presents a collection of papers on the concept of smartness, smart development and the international practices in the field. There are five key topic areas: the conceptual, smart economy, smart specialisation, smart city and public governance. The concept of a smart social system is grounded on comparative analysis of competing concepts such as intelligence, knowledge driven, digital, learning, networked, innovative, agile and sustainable.
Show Summary Details
Restricted access

Jaime del Castillo, Jonatan Paton & Belen Barroeta - Clusters and Territorial Development: The Great Basque Transformation Towards Smart Specialisation

Extract

| 57 →

Jaime del Castillo

University of Basque Country, Bilbao, SPAIN

Jonatan Paton & Belen Barroeta

INFYDE, Las Arenas-Getxo, SPAIN

Clusters and Territorial Development: The Great Basque Transformation Towards Smart Specialisation

Introduction

Nowadays, territories are facing an uncertain and complex context, characterised by globalisation and economic, social and environmental challenges. In this context, competitiveness and innovation have become central topics of academic, business and political debates with regard to the ability of the economies to generate wealth and employment. In parallel, regarding the role of territories on competitiveness and innovation, clusters have become progressively a spreading phenomenon all around the world, due to their increasing importance as theoretical explanation for economic development and their recurrent use as public policy instruments.

Besides, the importance of clusters has been mixed with the concept of smart specialisation, a territorial development model that seeks to increase the efficiency and effectiveness of economic systems. This new model has been strongly incorporated within the new European Regional Policy logic in the shape of Regional Smart Specialisation Strategies –RIS3.

The Basque Country is one of the best regional cases to analyse all these issues. During a period of nearly three decades, the Region has developed specific public-private initiatives as well as a complete policy framework that has contributed to the emergence of a smart specialisation approach. The paper analyses the different stages of the so-called “Great Basque Competitive Transformation” (from...

You are not authenticated to view the full text of this chapter or article.

This site requires a subscription or purchase to access the full text of books or journals.

Do you have any questions? Contact us.

Or login to access all content.