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Latvian Presidency Conference Smart Specialization Strategy

This summary discusses the Regional Innovation Paradox and the significance of Smart Specialization Strategy as highlighted in the European Parliament. It covers synergies between cohesion policy and Horizon 2020, funding challenges, and the need for increased collaboration at both regional and European levels.

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Latvian Presidency Conference Smart Specialization Strategy

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  1. Latvian PresidencyConferenceSmart Specialization Strategy Member of European Parliament Lambert van Nistelrooij 13 February 2015

  2. Regional Innovation Paradox • Most of the availableinnovation budgets are spent in more developedregions, whereasregionsthat are laggingbehind in economicdevelopmentneedit the most! • SynergiesCohesion policy 2014-2020 and Horizon 2020 • More ‘made in Europe’ via cross border andtrans Europeancooperation

  3. View of the European Parliament • The importance for the European Parliament of the uptake of Smart Specialisation in 2014-2020. • Hearing 6th cohesion report • EP initiative: Pilot project — Cohesion Policy and the synergies with the research and development funds: the "stairway to excellence"

  4. Synergies EFSI / Juncker plan • Budgetary cuts Horizon 2020 and Connecting Europe Facility (2.7 billion euro) • Alternative solution: InnovFin, the former Risk Sharing Finance Facility (2.842 billion euro)

  5. Challenges RIS 3 (1) • Take stock of the state of play in the development of Smart Specialisation Strategies. Are all the regions on the same track? • Identify issues to ensure effective and efficient implementation, monitoring and evolution of the strategies (around 100 Ops out of 205 have been agreed) • From Lip-service to 25 flourishing Smart Specialisation projects in the Midterm review 2017

  6. Challenges RIS 3 (2) • The assessment of the RIS3 as ex-anteconditionalitywill be key for the future: • More focus! (thematic concentration) • More ambition! (stimulate private investments) • More integration! (RIS 3 in regional budget plans)

  7. What’s next? • Chart out fields requiring cooperation at European level and policy support • Lesson for the region: Regions really have to partner with all research & innovation actors such RTOs and universities in discussion with their local industry in order for RIS 3 to be successful • By the end of the Latvian presidency

  8. Thank you for your attention • Questions?

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