E3S Web Conf.
Volume 250, 20211st Conference on Traditional and Renewable Energy Sources: Perspectives and Paradigms for the 21st Century (TRESP 2021)
|Number of page(s)||7|
|Section||Sustainable Development and Energy Markets|
|Published online||09 April 2021|
Smart specialization and sustainable regional growth
Department of Regional Industrial Policy and Economic Security, Institute of Economics of the Urals Branch of the Russian Academy of Sciences, Moskovskaya st., 29, Yekaterinburg, Russian Federation
* Corresponding author: email@example.com
Recent transition to the sustainable economy distinguished by the specialization and digitalization market the pathways for the regional development. This process is considerably helped by the profound social and political transformative potential which is subjected to social innovations and smart potential. This paper shows how the social innovations and smart specialization might influence the sustainable growth of countries and regions with a special focus on building an efficient economic, social and institutional environment for the benefits of all agents on the market. In addition, it argues that smart specialization might also contribute to the competitiveness and well-balanced sustainable development of regions and territories.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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