Smart Specialization, Regional Growth and Applications to European Union Cohesion Policy

McCann P. and Ortega-Argilés R. Smart specialization, regional growth and applications to European Union Cohesion policy, Regional Studies. The aim of this paper is to achieve two objectives. Firstly, it examines the smart specialization concept and explains the challenges involved in applying this originally sectoral concept to an explicitly spatial and regional setting. Secondly, it explains the ways in which this might be achieved so as to make the concept suitable as a building block of a reformed European Union cohesion policy.