1. 2.2. Smart specialisation

2. New wine in old bottles ? Smart specialisation is not: about funding R&D in a laboratory; about selecting one or two sectors/clusters new – it is based on 15 years of experience in supporting regional innovation strategies Smart specialisation is: about fostering regional economic transformation through an ‘entrepreneurial discovery process’ an ex-ante conditionality for future ERDF funding for R&D and innovation and digital convergence. your strategy and a great opportunity to shape how Structural Funds will be spent in your region ! DG REGIO - RIS for Smart Specialisation in Greece

3. Four broad types of regions in Greece: Regions with advanced research and technology capabilities (Attica, Central Macedonia, Crete); Regions with strong manufacturing potential and mid- level innovation capacity (Central Greece, Western Macedonia, East Macedonia and Thrace) Regions relying on traditional production sectors with innovation potential in local products (Epirus, Thessaly, Peloponnese). Regions with strong potential in tourism (South Aegean, North Aegean, Ionian Islands) and extremely low technological (R&D based) innovation potential. The challenge for each region is to identify specific diversification opportunities building on regional critical mass and driven by market or societal trends DG REGIO - RIS for Smart Specialisation in Greece