What is the Smart Specialization Strategy?
The Smart Specialisation Strategy (S3) was conceived within the framework of the reformed European Commission Cohesion Policy concerning the development aspects of regions in EU member states. S3 is a place-based approach characterized by the identification of strategic priority areas with a high competitive advantage for a region or a country, where interventions from central and local government are needed.
The Entrepreneurial Discovery Process (EDP)
The Entrepreneurial Discovery Process (EDP) is related to identifying priority areas for investments within the smart specialization strategy, relying on an inclusive process involving entrepreneurial representatives and stakeholders based on market dynamics.
The process of formulating the Smart Specialisation Strategy (S3)
The progress of the Smart Specialisation Strategy (S3) formulation process is part of the periodic reporting to the European Commission as part of Chapter 20 "Enterprises and Industrial Policies" and Chapter 25 "Science and Research."