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Journal of the National Research University Higher School of Economics

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ISSN 1995-459X print
E-ISSN 2312-9972 online
ISSN 2500-2597 online English

Editor-in-chief
Leonid Gokhberg





Anna Bosch 1, Nicholas Vonortas 2,3,4
  • 1 George Washington University, 1957 E Street, N.W., Suite 403, Washington, D.C., 20054 USA
  • 2 National Research University Higher School of Economics, 20 Myasnitskaya Str., Moscow, 101000, Russian Federation
  • 3 Universidade Estadual de Campinas (UNICAMP), Cidade Universitaria Zeferino Vaz - Barao Geraldo, Campinas - SP, 13083-970, Brazil
  • 4 George Washington University, 1957 E Street, N.W., Suite 403, Washington, D.C. 20052, USA.

Smart Specialization as a Tool to Foster Innovation in Emerging Economies: Lessons from Brazil

2019. Vol. 13. No. 1. P. 35–47 [issue contents]

This paper is about the policy concept of smart specialization (RIS3) and its potential for application in emerging economies. This is an important issue as emerging economies continue to struggle against the forces of globalization and targeted investments through RIS3 strategies that may help them boost their (regional) innovation economies. Thus far, RIS3 has mostly been implemented by industrialized EU economies. Due to the structural differences, success in emerging economies may require more extensive groundwork prior to the implementation of an RIS3 strategy. This is specifically noted in the Brazilian example: smart specialization requires careful planning, the country needs to address some of its general issues with lagging innovation before it can focus on successfully implementing an RIS3 strategy. We believe that such an approach would be appropriate for other countries at similar stages of economic development.

Citation: Bosch A., Vonortas N. (2019) Smart Specialization as a Tool to Foster Innovation in Emerging Economies: Lessons from Brazil. Foresight and STI Governance, vol. 13, no 1, pp. 32–47. DOI: 10.17323/2500-2597.2019.1.32.47
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