Smart Specialisation Strategy

Smart Specialisation Strategy (S3) is a way regions focus their resources on developing areas where they have unique strengths or potential. By identifying specific industries or technologies they can excel in, regions aim to boost innovation, create jobs, and grow economically. Instead of spreading efforts thin across many sectors, S3 encourages targeted investments and collaboration among businesses, universities, and governments to build competitive advantages. This approach helps regions effectively use their limited resources, foster innovation ecosystems, and achieve sustainable development aligned with their unique capabilities.