ABSTRACT
This paper aims to develop a coherent vision and detailed methodology of the policy approach that is evoked by the term “smart specialisation strategy” (S3), and to explore and elaborate the requirements and implications in terms of design and implementation that are consistent with that policy concept. As such, the paper addresses the issue of designing an innovation policy whose goal is the creation and development of networks of innovators and innovation ecologies in order to generate some desired structural changes within the framework of a regional economy. The identification of specific transformational goals and the operation of an entrepreneurial discovery process are the two main ingredients of this policy approach.
