weaknesses, opportunities and threats of the Catalan economy taking into account the different sectors and technological capabilities.
R&i generates economic opportunities and direct benefits for both individuals and society as a whole 3. The global challenges posed by climate change, the impact of human activity and
Pillar 2 identifies new economic opportunities in emerging sectors, based on technological capabilities (new activities generated through technological change and
system and generating new scientific, technological and economic opportunities. Finally Pillar 4 focuses on improving the innovation environment
strengths, weaknesses, opportunities and threats -Analysis of the leading sectors and capacities in crosscutting enabling technologies
generating new opportunities, creating wealth and employment and providing a response to the major social challenges
opportunities for the creation of wealth and employment and to provide a response to the challenges facing society
The starting-point was an analysis of the strengths, weaknesses, opportunities and threats to the Catalan economy based on SWOT analyses carried out previously in
economy and the analysis of its strengths, weaknesses, opportunities and threats (see the document â€oeanalysis of the Catalan economy:
strengths, weaknesses, opportunities and threatsâ€), the Catalan economy is diversified highly and open with a large industrial
not only economic opportunities, but also direct benefits for individuals and society as a whole 2. Structure 23 3. The third vector is the firm commitment to transforming the Catalan economy
economy offers promising niches for specialisation and generates opportunities to improve and enhance efficiency in all economic sectors
Catalonia has competitive advantages, critical mass and future opportunities 1. Critical mass in different sectors, measured in terms of number of companies
promoting new economic opportunities in emerging sectors based on technological capabilities (new activities generated by technological change and the latest
to provide tools to explore new economic activities based on a market opportunity, a technological need or new knowledge generated through cooperation by stakeholders
-Generation of new opportunities for economic activity and employment -Efficient use of resources (green economy There follows a description of the general characteristics of each of these tools (T) and
detection of common opportunities and needs that are key to the economic transformation of the
ï§To generate new economic and job creation opportunities Objectives 3. Tools and Policies 35 Main stakeholders
RIS3CAT promotes new, emerging economic activities based on market opportunities technological need or new knowledge generated through cooperation amongst stakeholders from
Once identified, opportunities must be included in an action plan that establishes business initiatives to successfully capitalise on economic potential through research and the
technological opportunities whose applicability is undefined still. This promotion takes the form of structural support for emerging processes and the construction of capabilities related to basic
opportunities in leading sectors or generate new emerging activities Financing ï§To establish a broad base of excellent science and technological resources and capacities
-Benefitting from the opportunities offered to Catalonia by the Horizon 2020 European programme and other international and state programmes
their growth and industrialisation and generating business opportunities in future sectors Financing ï§To increase the efficiency and quality of public services through innovation
ï§To offer SMES new business opportunities Objectives Main stakeholders Catalan public authorities, research centres
-Identifying a smart specialisation opportunity based on differential assets in the territory -A vision of future opportunity shared by stakeholders in the territory
-The commitment to smart specialisation in the territory aligned with the RIS3CAT thematic specialisation objectives and priorities and also highlights the importance of its assets
ï§To generate new economic and job creation opportunities in the territory Main stakeholders Local authorities, companies, business associations
of new market niches, new technological opportunities and new ideas. People; environment and finance; regulation;
and opportunities: these are the four basic areas in which action is required to promote the founding of companies and their growth into important economic players.
ï§To improve the opportunities for newly established companies to obtain financing ï§To mobilise private financing for new business initiatives
resources, the creation of opportunities in new markets and the generation of new jobs linked to
opportunities and, thereby, enhancing competitiveness P. 4. 1. Business Innovation Companies need to innovate constantly
opportunities. Such innovation is, therefore, a source of competitiveness Commercial or marketing innovation, based on improved design, packaging, positioning, promotion
The education system should guarantee everyone the opportunity to develop their personal capabilities, and should enable young talent to be discovered
to develop joint R&i projects based on identifying opportunities and needs for the smart transformation of the territory
New opportunities for economic activity and job creation Efficient use of resources Context indicators Output indicators
opportunities, and to preempt possible public value failures of future innovation â€oeunlock the full potentialâ€
ï By taking effective advantage of opportunities ï By responding innovatively to challenges ï By effectively being an outpost of the EU in the world
=>Opportunity for both, for example ï Rational water and energy management ï Sustainable agriculture and fishing
technologies, an opportunity for exporting enterprises â Solid relation with other territories, specially in America
ï Why we in the Canary islands miss opportunities to exploit for a knowledge-based economy, the availability of good
•OPPORTUNITIES: State support, demand from the Spanish industrial sector: new opportunity Biotech •STRENGTHS:
Campus of Excellence; Applied Algology Centre, Canary islands Technological Institute •OPPORTUNITIES: Food industry based on biological
processes. Support for bio-entrepreneurship with Genoma Espaã a. R&d firms with a high technological level on the international scene
•OPPORTUNITIES: Potential development in Technology-Based Businesses, technology centre Astro-tourism Excellence+differentiation Sustainable tourism+ICT
•OPPORTUNITIES: ICT centre for tourism in the Canary islands, logistics and transport, use of clean technologies
•OPPORTUNITIES: Fuerteventura Technology Park micro-networks, living labs, RICAM energy cluster Critical mass and Priorities
Opportunities Threats •Natural offshore Platform •Excellent weather conditions for field tests •Excellent Wind and Wave resources for R+D+i and
•Opportunities for growth and economic development set by the European Marine Strategy Framework and the European Marine and
•Opportunities set by the European Atlantic Strategy •The lack of space for marine/maritime activities onshore
•Opportunities for an ICT sector (eg. related to tourism ï Definition of the best way to carry out the actions (focus on
towards a resource-efficient and low carbon economy, offering opportunities in domestic and global markets.
economic opportunity and investing in skills development, better jobs and social innovation This embedded role of smart specialisation in the Europe 2020 policy framework has been
for opportunities in existing or new sectors. It is this type of knowledge that needs to be
Some companies are responding to these opportunities by increasing their overall internal R&d investment, which is aimed not only at implementing available technologies
the workshop, the region under review presents its strategy and has an opportunity to engage
reviews, and foresight †provide the opportunity to integrate the field knowledge held and concrete experimentation carried out, by regional actors in the spirit of an'entrepreneurial
opportunities; facilitated mobility of research and innovation personnel between the public and the private sector
identification of opportunities and barriers stimulation of entrepreneurship/management of risk and uncertainty; market formation
account innovation opportunities identified by leading actors (companies, universities intermediaries, etc. Mixing regional experts with international experts helps to give more
New opportunities are emerging in old regions as a result of connections and conversations that are now occurring but which never
Giving all participants the opportunity to shape the policy priorities is the key point to
opportunities for their RIS3 strategies. This includes private investments, as one explicit goal of RIS3, included in the criteria for the conditionality, is to leverage private RTD investments
RIS3 presents an opportunity to do so and will enable regions and their innovation actors to identify
crisis often provide a good opportunity to generate such new Visions, starting from the well
the opportunity to diffuse synthetic material on the RIS; and press and TV campaigns. The
priorities focusing on the existing strengths of the economy but also on emerging opportunities A good smart specialisation strategy will catalyse structural change and the emergence of critical
opportunities; or •imitating other regions. In that case, if the choice proved to be a mistake,
opportunities. If such a process of discovery is found missing or wanting, the factors that
This means, for instance, verifying that market opportunities and the comparative advantage of the region with respect to other EU
tool offers such benchmarking opportunities •Collect, if necessary, more detailed statistical data and perform qualitative-based surveys to
provides information on possible funding opportunities for SMES. 46 How to act Member States have committed to implement the Small Business Act for Europe (SBA)
•providing market opportunities via market replication projects, for which SMES constitute the main target group
Guide to EU funding opportunities for Research and Innovation'68 and is exploring how far the
opportunities that their regions present for their activities as'living laboratories'opened to international linkages;
opportunities and easier access to cultural contents (ebooks, online platforms for music and movies, digitisation and access to Europe's cultural heritage79.
today's challenges and prepare for tomorrow's opportunities. The long-term competitiveness and innovation potential of regional and rural areas and the ability to achieve the fundamental
which will open up great opportunities for regions. Regions should indeed analyse those opportunities, either as an emerging sector,
or as a means to modernise traditional sectors Barriers and challenges The key challenge for regions will be to identify their respective economic niches and
particular by digitisation and globalisation, offering great opportunities for the sectors but making it necessary for them to develop new skills,
can lead to missed business opportunities. Moreover, cultural and creative sectors face difficulties in accessing the resources they need to finance their activities
competition opportunities (often niche markets Many reports are showing that lots of SMES do not use the full potential of either the internal or
Opportunities, November 2011111 •Opportunities for the Internationalisation of SMES, August 2011 •The EEN Network can help SMES find sustainable partners to implement their
internationalisation strategies •For the 2014-2020 programming period, the European commission has proposed establishing a Programme for the Competitiveness of Enterprises and Small and Medium
potential customers or fostering market opportunities (e g. by stimulating private or public demand for eco-innovations.
more precisely match the market opportunity and to obtain faster market take-up of the innovation
providing demand pull for innovation and market opportunities for innovative firms, as the purchasing power of public authorities in the EU represents around 19%of the EU€ s GDP
assets, challenges and opportunities as regards its environment, natural assets, renewable energy potential and climate impacts in the studies that will serve as a basis for the
Eco-innovations also create major opportunities for growth and jobs and increase European competitiveness within the global market,
development of the strategies and programmes for innovation and tap into its opportunities 161 http://ec. europa. eu/energy/technology/set plan/set plan en. htm
fully benefit from the underlying opportunities. Nature and its resources need to be fully integrated in the regional approaches to sustainable growth and the national/regional innovation
opportunities, provide new perspectives to citizens, and help the modernisation of the public sector. It can also be a vehicle for making policies more responsive to social change and to
But social innovation can create new business opportunities, e g. in growth sectors like health and education.
opportunities/economic potential informed by an entrepreneurial search/discovery process, i e by a process foreseen to identify
and test specific entrepreneurial opportunities? 172 2. Is the strategy evidence-based? How have areas of strength
and identify opportunities for the region to expand/into new domains 114 3. Does the strategy set innovation and knowledge-based development priorities?
•cross-clustering and the identification of innovation opportunities at the interface between different disciplines/industries/clusters
analysis of sectors in Ireland and future areas of opportunity for Ireland over the period to
and new opportunities will arise at the blurring of the edges of existing sectors. The sectoral cohorts are set out as follows
Emerging opportunities and untapped potential C a renewed focus on mature sectors D: Locally Traded Services Figure 1:
investment will be most relevant and with greatest opportunity for skill supply and uptake and spill overs etc
number of priority areas or approaches to challenges/opportunities which need to be underpinned by future investment in publicly-funded STI
relevance and to ensure that new opportunities are identified 6. Process and Methodology 6. 1 Governance-Ensuring Participation and Ownership
6. 2. 1 National Research and Enterprise Strengths and National and Global Opportunities A significant input to the work of the Steering Group was background studies commissioned by
Global Market Opportunities, Growth Markets and the Positioning of The irish Enterprise Base 10 Drivers, Trends and Societal Issues from a National Perspective in a Global
TWG examined the areas proposed for overlap, duplication and the opportunity to group and consolidate them and agreed an initial list of areas for which detailed assessments would be
market opportunity ï¿If this research is relevant to a global challenge, what is Ireland†s commitment in this
descriptions of the priority areas and opportunities identified are provided in the Steering Group†s Report
opportunity to consolidate that overarching goal further in the context of a new Strategy for
to ensure the potential opportunity in each priority area is realised. Each Action Plan includes a vision, key objectives and specific actions along with timelines and those responsible for
opportunities are identified and the PAG is considering a mechanism to achieve this The framework sets out National Targets, Department and Agency Targets and Priority Area
exploiting the opportunity that was identified in each Priority Area (PA) as part of the NRPE. To
analysis of sectors in Ireland and future areas of opportunity for Ireland over the period to
and new opportunities will arise at the blurring of the edges of existing sectors. The sectoral cohorts are set out as follows
Emerging opportunities and untapped potential C a renewed focus on mature sectors D: Locally Traded Services Figure 1:
investment will be most relevant and with greatest opportunity for skill supply and uptake and spill overs etc
number of priority areas or approaches to challenges/opportunities which need to be underpinned by future investment in publicly-funded STI
relevance and to ensure that new opportunities are identified 6. Process and Methodology 6. 1 Governance-Ensuring Participation and Ownership
6. 2. 1 National Research and Enterprise Strengths and National and Global Opportunities A significant input to the work of the Steering Group was background studies commissioned by
Global Market Opportunities, Growth Markets and the Positioning of The irish Enterprise Base 10 Drivers, Trends and Societal Issues from a National Perspective in a Global
TWG examined the areas proposed for overlap, duplication and the opportunity to group and consolidate them and agreed an initial list of areas for which detailed assessments would be
market opportunity ï¿If this research is relevant to a global challenge, what is Ireland†s commitment in this
descriptions of the priority areas and opportunities identified are provided in the Steering Group†s Report
opportunity to consolidate that overarching goal further in the context of a new Strategy for
to ensure the potential opportunity in each priority area is realised. Each Action Plan includes a vision, key objectives and specific actions along with timelines and those responsible for
opportunities are identified and the PAG is considering a mechanism to achieve this The framework sets out National Targets, Department and Agency Targets and Priority Area
exploiting the opportunity that was identified in each Priority Area (PA) as part of the NRPE. To
opportunity •Regional leadership at the frontier of science through breakthroughs in strategic fields •Regional level †not a distinct level
•Main opportunities for future regional development 1) Large-scale infrastructures (e g.,, ELI -NP) and associated hubs;(
National institutes †given the opportunities in the automotive industry, textiles, and KET development subject to further debate
summarized in the following five categories that contain both opportunities and challenges 1. There should be allocated more resources for building networks and clusters with other
and long term opportunity of funding R&d and innovation with the support of public resources A logical extension of the above mentioned elements is that the SMES have to develop an
IV. 1. Key challenges and opportunities for target sectors...47 IV. 2. Horizontal policy areas that impact West Region economy...
Specialization opportunities by cluster...48 Table 16-Overview of weaknesses, strengths and opportunities for the region...
62 Table 17-Priority axes and thematic objectives: an application for the West region...72
while reducing regional disparities in income, wealth and opportunities. To achieve the Europe 2020 objectives of smart, sustainable and inclusive growth, European union (EU
Diagnostics, Challenges, and Opportunities 6. Smart Specialization Sector Case studies 7. Final Report: Policy Recommendations III.
and Opportunities; and vi) Smart Specialization Case studies Report 5. The first five reports drew on complementary methodological approaches and intended to
sectors, as well as the opportunities arising at the level of business and research and technological development infrastructure (RTDI) co-operation,
as a way to detect the growth opportunities that lie 2 According to European commission, smart specialization means identifying the unique characteristics and assets
innovation strengths and weaknesses and emerging opportunities and market developments, as a way to identify the existing and potential competitive advantages in comparison with other regions.
and to exploit opportunities for joint programming, transnational cooperation and joint leverage of EU instruments
the region and have pointed specific strengths and opportunities, as well as a number of challenges that need to be addressed as part of an effective development strategy for the region
Foreign ownership in the region†s key sectors brings with it both opportunities and risks.
and the opportunities they can offer may have negative implications for domestic firms. In particular, in the technical and managerial jobs, foreign firms are able to offer young Romanians the credentials of a
employment experience and opportunities abroad 73. It is worth stressing however that foreign owned firms can also bring significant benefits to
IV. 1. Key challenges and opportunities for target sectors 75. The effectiveness of targeted innovation
opportunities draws on the Structural Business Survey data (for the 2008-2010 period) and follows a
Specialization opportunities by cluster Cluster Opportunities Automotive Manufacture of Other Electronic and Electric Wires and Cables, and
Manufacture of Other Rubber Products, new solutions for mechanical engineering, motor vehicle transport, etc Textiles Manufacture of Underwear, Manufacture of Other Textiles N e c
It is worth emphasizing that the identification of specialization opportunities for each cluster is limited to the level of sector/activities.
which the identification of specialization opportunities has not drew on data (NACE 4 digit) sector analysis
represents a huge opportunity to address both sides of the regional challenge. Improving transport connectivity of these regions so that shifting managers and engineers back and forth between regional
The labs will also provide opportunities to conduct more frequent quality tests which will increase reliability of local producers
Table 16-Overview of weaknesses, strengths and opportunities for the region Weaknesses Strengths Potential Solutions
market opportunities, business support, national and local investment projects, etc Lack of adequate road infrastructure
new business opportunities The geographic location of the region gives it a clear advantage relative to the rest of Romania as
Unexploited export opportunities with Serbia. Taking better Support innovation in the industry especially as food engineering
advantage of opportunities for trade with Serbia, especially in agricultural products, could be particularly important for parts of Caraè
opportunities and to offer guidance to key initiatives in the region. According to Law no 315/2004, the RDAS, with
identifying potential innovation opportunities in terms of products or processes in a variety of industries ï¿facilitating the entry of new products on the market
new marketing and networking opportunities, the development of short supply chains, and the setting up of producer groups;
adequate financing opportunities, the introduction of a regional development fund, partially financed through the European Regional Development Fund (ERFD), could provide a sustainable solution.
and networking opportunities the development of short supply chains and the setting up of producer groups
income, wealth and opportunities 191. In this context, although the Western part of Romania has a per capita GDP that is
In the 2014-2020 period, the West Region has the opportunity period to use its
Events constitute opportunities to discover the traditional heritage of the city presented in a different manner.
provide opportunities to conduct frequent quality tests, thereby increasing the reliability of local producers 7. Laboratory and innovation center for the
opportunities of the region 13. Geo therapy center This type of initiative would aim to build and
mining territory with poor population depending on mining activities, without other job opportunities and low level of attractiveness for investments bearing a permanent declining since 1990.
understood only if it is interpreted as a set of technological opportunities that allow rapid transmission of a huge volume of data,
•Creation of new opportunities on labour market (example, work at home •A more efficient management of enterprises, especially of small and
•New opportunities for entertainment or cultural life •Improvement of population†s life quality in rural and disadvantaged
At the same time new opportunities arise for the knowledge level of universities by the possibility to develop
business opportunities and helping companies to get high productivity based on an improvement of access to information and transactions.
Opportunities ï¿The advantage of late development: the domination period of narrowband connections can be reduced significantly
and opportunities for developing these services, in cases of a lack of intervention measures adapted to Romania†s existing
no overview on all initiatives the result being a lack of transparency on opportunities they offer both from the potential beneficiaries†perspective and even of the
-to establish of opportunities and needs for legislative and regulatory initiatives necessary for a good progress of the transition process
mind the opportunities that may occur on medium term •The possibility to include broadband services in the universal service
•The opportunity to conclude public private partnerships with actors of the market interested in participating at co-financing projects for
and societies and improve living conditions and opportunities around the world. ICT performance will remain crucial
challenge and opportunity, providing the means for enhancing democratic principles and responding to certain shortcomings and deficits of democratic systems
opportunities available in EU •Introduction of detailed statistics available to all users, which can make
opportunities  for  new  and  new  kinds  of  actors
 opportunities  Market  reports  forecast  hundreds  of  billions  of
 opportunities  and  to  secure  themselves  an  important  role
 opportunity  for  the  corre- †sponding  industries  offering
 opportunities  for  the  various  subsectors  of  the  wide
 opportunities  for  leap- †frogging  heavy  wiring  efforts
worlds- †greatest- †smart- †grid- †opportunity  The
 opportunities  for  transforming  the  old  unsustainable  energy  supply
 opportunities  for  society  we  need  a  broader  de- â€
Although the process of definition has been a good opportunity to rethink and improve the policymaking,
market opportunities in a global context versus the prioritizing that other territories carry out†(Del Castillo et al. 2012.
The search for opportunities through the exploitation of the territorial related variety, maximizing its externalities
and prioritize these opportunity niches of specialised diversification, but also in terms of how to design and implement the
number of them making clear that besides the many opportunities behind smart specialisation, there is also a significant number of risks to consider
Opportunities and risks regarding main elements of smart specialization ELEMENTS OPPORTUNITIES RISKS Prioritization Election of
priorities through specialisation patterns To prioritize can help creating critical mass to achieve excellence Prioritizing the demands of the
market opportunities Not all regions find themselves at the same starting point in terms of entrepreneurial capability, sometimes
As mentioned in the research questions section, these opportunities and risks, as well as the real difficulties and problems encountered by policymakers when
Despite the great opportunity that supposes the smart specialization model and its strategic reflection, a series of limits were exposed in the paper.
opportunities are discovered, fostered and supported Bibliography Bellini, N. Terã¤s, J. and Ylinenpã¤Ã¡,, H. 2012) Science and Technology Park in the Age of Open
/The â€oered Aragã n 7pm†acts as a network aiming at getting the best out of the 7pm opportunities
to get the best out of the coming opportunity of a regional innovation strategy. The reinforcement of cooperation with
Overtext Web Module V3.0 Alpha
Copyright Semantic-Knowledge, 1994-2011