Smart policies at the urban (smart city initiatives) and the regional (smart specialisation Strategies, S3) level, both fostered by the need to better spend the reduced budget available for EU policy-making, have recently gained much attention. While some attempts have been made to explore the growth potential of the two policies separately, no empirical analysis has considered their joint contribution to regional growth. This paper identifies two types of development (measured as 2008--2010 GDP growth) effects associated to smart policies: one, short-run, associated to urban smartness initiatives, and a second, long run, linked to S3. Instrumental variables estimates are used to support the conceptual framework suggested for the link between these two types of policies, which are both found to have a positive impact on regional economic performance.

Much ado about something? An appraisal of the relationship between Smart City and Smart Specialisation Policies

CARAGLIU, ANDREA ANTONIO;DEL BO, CHIARA FERNANDA
2018-01-01

Abstract

Smart policies at the urban (smart city initiatives) and the regional (smart specialisation Strategies, S3) level, both fostered by the need to better spend the reduced budget available for EU policy-making, have recently gained much attention. While some attempts have been made to explore the growth potential of the two policies separately, no empirical analysis has considered their joint contribution to regional growth. This paper identifies two types of development (measured as 2008--2010 GDP growth) effects associated to smart policies: one, short-run, associated to urban smartness initiatives, and a second, long run, linked to S3. Instrumental variables estimates are used to support the conceptual framework suggested for the link between these two types of policies, which are both found to have a positive impact on regional economic performance.
2018
regional growth
long-run development
smart city
smart specialisation strategies
policy appraisal
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11311/1029395
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