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Implementing the Concept of Smart Specialisation in the Nordic Countries

In the aftermath of the latest economic crises, the concept of "Smart specialisation" was presented to increase the efficiency in European investments in research, innovation and entrepreneurship. As the concept is relatively new, the level of implementation at national and regional level in the Nordic countries is rather limited. Still, many of the elements associated with strategies for "Smart specialisation" have already been implemented in the Nordic countries.

This paper explores the impact and early implementation of the new concept "Smart specialisation" in regional policy in the Nordic Countries. The study was commissioned by the Nordic Working Group on Third Generation Regional Policy, initiated by the Nordic Council of Ministers. The review is mainly based on a previous literature review and desk research, with a limited number of supplementing interviews, and does not claim to give a complete overview.

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