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Smart Specialization

Smart Specialization is a strategic approach used by regions to identify their unique strengths and capabilities. It encourages areas to focus on developing specific sectors, such as technology, agriculture, or healthcare, where they have a competitive advantage. By concentrating resources and efforts on these key areas, regions can drive innovation, boost economic growth, and create jobs. This method promotes collaboration among businesses, universities, and government to ensure that investments yield the greatest impact, fostering sustainable development tailored to the region's unique characteristics and potential.