Contemplation about development
Smart specialization is one of the concepts that is applied throughout the European Union. Preparation of smart specialization (I shall use abbreviation S3, although it is now developing into S4) strategic documents in Bosnia and Herzegovina is ongoing, so, I wanted to explore more about the topic, and while doing that, I was thinking about this concept in current context, linking this concept to some other concepts I am learning more about lately.
One of key methodological documents for S3 in EU, the Guide to Research and Innovation Strategies for Smart Specialisations (RIS 3) says that the underlying rational behind the Smart Specialisation concept is that by concentrating knowledge resources and linking them to a limited number of priority economic activities, countries and regions can become — and remain — competitive in the global economy ( 19fa7820-9522-3a52-fb81-6cb9115b6b9f (europa.eu) ). The Guide gives a detailed description of steps in prep