Affiliation:
1. INGENIO (CSIC-Universitat Politecnica de Valencia) , Valencia 46022, Spain
Abstract
Abstract
Smart Specialization policy, Europe’s place-based innovation policy, is transitioning into an innovation policy for sustainability inspired by academic debate and the urgency of societal challenges. The implications in terms of policy design remain underexplored. This paper studies the policy implications of this transition on the design of monitoring indicators. First, a theoretical framework based on the literature is created. Then, monitoring indicators used in the first policy phase are summarized into categories and themes through inductive and deductive document analysis. The indicators’ strengths and limitations are discussed. By highlighting how monitoring indicators need to adjust to the policy transition, this paper contributes to the literature on innovation policy and Smart Specialization. It also provides guidance to policymakers by developing a framework on indicator design and providing practical recommendations on aspects that need to be considered, captured, and analysed through the indicators.
Funder
Horizon 2020 Framework Programme
Publisher
Oxford University Press (OUP)
Subject
Management, Monitoring, Policy and Law,Public Administration,Geography, Planning and Development
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