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Lookup NU author(s): Dr Louise Kempton,
Dr Fiona Whitehurst
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The North East Local Enterprise Partnership (North East LEP) has a major opportunity to use ongoing exercises to formulate a strategic economic plan (SEP) and EU structural and investment funds strategy (EUSIF 2014-20) to progress the recommendation of the North East Independent Economic Review to be known as an 'international exemplar in smart specialisation, open innovation systems and culture'. This was one of five key defining features – 'built on smart specialisation centres of excellence, outstanding university research, and an eco-system which leads on taking ideas to market'. It gives a strong sense of the character of North East LEP's 'making, trading and innovating' thematic priorities. In this context, 'smart specialisation' has been described as "a process of developing a vision, identifying competitive advantage, setting strategic priorities and making use of smart policies to maximise the knowledge-based development potential of any region, strong or weak, high-tech or low-tech". This report seeks to assist the North East LEP and its partners to define a starting point for developing a smart specialisation process and build on this foundation through 'smart' intervention strategies to bring the 'international exemplar' ambitions to a credible fruition.
Author(s): Fisher B, Goddard JG, Kempton L, Marlow D, Robson L, Whitehurst FC
Publication type: Report
Publication status: Published
Print publication date: 01/12/2013
Source Publication Date: 01-12-2013
Institution: North East Local Economic Partnership
Place Published: Newcastle upon Tyne, UK
Notes: Part financed by the Technical Assistance through the North East of England European Regional Development Fund Programme 2007 to 2013. This is part of a Technical Assistance project supporting the North East LEP prepare for the 2014-2020 programme of European Funding.