Smart specialization strategy in Latvia, Estonia and Lithuania
2017
Gemma, S., Latvia Univ. of Agriculture, Jelgava (Latvia) | Bulderberga, Z., Latvia Univ. of Agriculture, Jelgava (Latvia)
The smart specialization strategy is a tool for European Union (EU) economic growth and recovery from economic crisis. The aim of the paper is to describe and compare the smart specialisation strategy (RIS3) in Latvia, Estonia and Lithuania by describing the theoretical aspects of smart specialization concept in state and regional level; analysing smart specialization strategy development in the EU in accordance to Europa 2020 targets; comparing and evaluating the smart specialisation strategies in Latvia, Lithuania and Estonia. The three Baltic States have made the most progress to the EU 2020 targets in 2015. All three Baltic States have set common priorities for RIS3: ICT, biomedicine and health technologies, materials, technologies and engineering systems. Smart energy is a priority in Latvia and Lithuania, but functional food and logistics - in Lithuania and Estonia. Lithuania is the only country of Baltic States which has set a priority regarding to the inclusive and creative society area.
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