weaknesses, opportunities and threats of the Catalan economy taking into account the different sectors and technological capabilities.
that provide the structure for the activities that will enable the Catalan economy to successfully tackle the major social and economic challenges of the 21st century
sustainable economy that combines talent, creativity, a diversified business fabric and its own excellent research system within the framework of a dynamic, enterprising and
and to reorient the Catalan economy towards a growth model that is smarter, more sustainable and more inclusive
green economy ï§Non-technological innovation ï§Training and talent Tools Leading sectors Emerging activities Crosscutting enabling
-Analysis of the Catalan economy: strengths, weaknesses, opportunities and threats -Analysis of the leading sectors and capacities in crosscutting enabling technologies
The European economies face major challenges, in both the short and long terms. The immediate priority is a return to growth and job creation,
Figure 1. Global Challenges Facing the European Economies Budgetary consolidation and structural reforms are necessary conditions to ensure the
competitiveness of the European economies, but they are not sufficient. The European Union (EU) response to the major challenges posed takes the form of the Europe 2020
-carbon economy and competitive industry 1. Framework 12 Within this framework, Innovation Union, one of the seven flagship initiatives in the
European economies, focusing on the following thematic objectives 1. Strengthening research, technological development and innovation
4. Supporting the shift towards a low-carbon, low energy-intensive economy in all sectors
and low energy-intensive economy (thematic objectives 1, 2, 3 and 4), and at least 20%on Objective 4
-intensive economy in all sectors 5. To promote climate change adaptation and risk prevention and management
economy and reorienting the production sector towards a smarter, more sustainable and more inclusive economic model
economy Within the ECAT 2020 framework and based on a shared vision of the country towards the year 2020, RIS3CAT promotes
formed by representatives from the ministries of Economy and Knowledge and Business and Labour (see Section 4, Governance.
threats to the Catalan economy based on SWOT analyses carried out previously in Catalonia and on which there is broad agreement amongst stakeholders in the
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
base. Within a context of globalisation and recession, the Catalan production system is undergoing a process of structural change:
Analysis of the Catalan economy has led to the identification of three key vectors that will enable Catalonia to successfully tackle the great social and economic challenges of
3. The third vector is the firm commitment to transforming the Catalan economy towards a green economy.
In response to the global challenges caused by climate change, the impact of human activity and scarcity of natural resources, the green
economy offers promising niches for specialisation and generates opportunities to improve and enhance efficiency in all economic sectors
Figure 7. Vectors Driving the Transformation of the Catalan Economy The shared vision for the country towards 2020 takes into account all these elements
and sustainable economy that combines talent, creativity, a diversified business fabric and its own excellent research system within the
The three vectors that drive the transformation of the Catalan economy (industrial tradition, quality of life and the green economy) and the implementation of the seven
criteria listed below enables the identification of seven leading sectors in which Catalonia has competitive advantages, critical mass and future opportunities
economy ï§Non-technological innovation ï§Training and talent Tools Pillar 1 Pillar 2 Pillar 3 Pillar 4
-Efficient use of resources (green economy There follows a description of the general characteristics of each of these tools (T) and
Within the context of the global economy and the knowledge society, it also becomes essential to
P. 3. Eco-innovation (Innovation at the Service of the Green Economy Eco-innovation includes all innovations that reduce the use of natural resources and emissions of
the green economy -Social (sustainable practices and changes in people†s lifestyles contribute to social cohesion and
There are many different measures to promote the transition towards a green economy -Technical and financial support for research and development, pilot tests and dissemination and
-Support for ICT uses that benefit the green economy (smart electricity networks and transport systems
competitiveness of the Catalan economy P. 5. 1. Matching the Education system to the Needs of the Production System
economy, the media, the new technologies, higher studies, etc..For this reason, to improve the
Promotion, attached to the Ministry of Economy and Knowledge; the Directorate General for Research, also attached to the Ministry of Economy and Knowledge;
and the Secretariat for Business and Competitiveness (Ministry of Business and Labour 4. Governance 58
Based on the SWOT analysis of the Catalan economy, RIS3CAT defines four strategic objectives and four pillars of action that structure public policies aimed at advancing
crisis we need to create a smarter, greener economy, where our prosperity will come from research and innovation.
the bedrock of a knowledge-based society and a healthy economy After ten years of action at EU level to develop
the economy. Innovation in these sectors is needed also to preserve them ï Knowledge economy has to be fostered,
improving the access of public and private funds towards R&d&i projects ï A determinant support to internationalisation of canarian
â Comparison of new policies of innovation, aimed at tertiarised Economies based on the service sector and, to be more specific, on tourism and
for a knowledge-based economy, the availability of good ideas and innovations â Desalination and water management (1st in Europe
economy o Investments: between â M 3 and â M 20 o It will not invest in firms in economical difficulties following Community guidelines
investment in the knowledge based economy •Losing the technological race with other competitor nations
economy •inclusive growth, fostering a high employment economy delivering economic, social and territorial cohesion Investing more in research,
innovation and entrepreneurship is at the heart of Europe 2020 and a crucial part of Europe's response to the economic crisis.
integrated approach to harness the potential for smart growth and the knowledge economy in all
development of an economy based on knowledge and innovation remains a fundamental challenge for the EU as a whole.
towards a resource-efficient and low carbon economy, offering opportunities in domestic and global markets.
role for every national and regional economy, including both leader and less advanced territories It embraces a broader concept of innovation,
have a role to play in the knowledge economy, provided that they can identify comparative
and remain †competitive in the global economy. This type of specialisation allows regions to take advantage of scale, scope and spillovers in knowledge
economy offer a much greater chance of success. Imitating other regions by trying to create
However, who has the entrepreneurial knowledge in the regional economy? It may be held by firms, which is often the case in'advanced'regions rich in entrepreneurial experiments and
economies of scope and spillovers) which are likely to materialise between an existing activity and a new one.
RIS3 needs to be based on a sound analysis of the regional economy society, and innovation structure, aiming at assessing both existing assets and prospects for
global economy, and •dynamics of the entrepreneurial environment Regional assets: a strategy rooted in the regional specificities
innovation system and key challenges both for the economy and the society Economic differentiation is one of the central principles behind smart specialisation.
which suggests that a regional economy can build its competitive advantage by diversifying its unique,
understanding of the areas in the economy and society that have the greatest potential for future
Analytical evidence should be used to depict a comprehensive scenario of the regional economy society, and environment shared by all stakeholders.
related variety, suggesting that a regional economy can build its competitive advantage by diversifying its unique,
on potential for knowledge-based transformation of the economy, based on information on the positioning of the regional economy in international value chains and on identification of
specific key assets Several methods can be used to support the identification of potential niches for smart
specialisation of regional economies on the basis of employment (or value-added) data Location quotients measure whether some sectors are represented over in a regional
economy compared to other regions or countries. This is sometimes equated with'cluster presence'even if these indicators only capture agglomeration effects, and not interactions
economy ministries and agencies. Interministerial Committees are tools to cope with this need for a wide conclusion of stakeholders
25 Lorenz P. and Lundvall B. A. 2006), How Europe†s Economies Learn. Coordinating Competing Models
preserving the regional status quo than transforming the regional economy through innovation Although this criticism can be overdone (because regional governments,
that reproduce old habits and routines, locking regional economies into their traditional paths of development
economy. Formal recognition of the boundary spanning role, and its significance for universities businesses and the regional economy, would do much to promote a skill set that is critically
important to the moderation of the RIS3 process, particularly of the entrepreneurial process of discovery, which lies at the heart of the process
new connections and conversations in the regional economy. New opportunities are emerging in old regions as a result of connections and conversations that are now occurring but which never
jointly identify a project to explore the prospects for related variety in the regional economy
their own diagnosis of the strengths and weaknesses of the regional economy, and these views
investments that have the potentially highest impact on the regional economy. The priority setting for national and/or regional research and innovation strategies for smart specialisation
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
clusters so that agglomeration externalities, economies of scale, economies of scope and local spillovers can be realised fully in the process of knowledge production and distribution
A regional economy clearly provides the appropriate dimensional framework for such processes of decision, strategic implementation, agglomeration of resources and materialisation of
However, national economies might also be a good framework, particularly in the case of small countries
of the regional economy should be investigated in the preliminary, self-assessment phase and receive sufficient attention thereafter.
are distribution by size and the innovativeness of firms in the regional economy, such as the
the regional economy on a limited number of industries Achieving critical mass Smart specialisation involves making choices,
resources towards investments with a potentially higher impact on the regional economy. The distinctive elements that can guide review,
higher levels of excellence and thriving in the global economy Clusters can be used at both the design
forms of competition that are developing in the global economy. SMES are thus at the core of
innovations of benefit to the European economy and society, as well as science Consequently, the development of regional Research Infrastructures (in particular Regional
to a low carbon economy •Rural Development: measures aiming at enhancing accessibility to the use and quality of
process, goods and service innovation throughout the economy and are of systemic relevance They are multidisciplinary,
economic growth and employment and strengthening the competitiveness of the EU economy They bear enormous market potential.
areas with the potential to rejuvenate economies, stimulate innovation and contribute to growth •constitute a powerful magnet for tourism,
However, in many regions, cultural and creative sectors constitute a major asset for the economy and building on this asset should be considered in national/regional research and innovation
development and the spill over effects of CCIS on the wider economy, 'will provide in early 2012
economically less developed regions of Europe, implementing the knowledge-based economy developing Trans-European Networks (TENS), supporting small and medium-sized enterprises
resilient and greener economy to boost its competitiveness and be able to sustain its growth
for a transition to a green, low-carbon, resource-efficient economy as a new paradigm for
an EU economy that is more competitive in a world of high energy prices and tough resource
economy and getting the actors of innovation and environment working together. Moreover regions have to reflect on how to benefit from the fast-emerging green eco-innovation sector
thematic priority †supporting the shift towards a low-carbon economy in all sectors; in particular
In particular a closed-loop economy that aims to reduce, in absolute terms, input, waste and the release of harmful substances along the value chain
path to a resource and energy efficient economy, Study and briefing notes',March 2009 163 Eco-innovation Observatory'The Eco-Innovation Challenge-Pathways to a resource-efficient Europe-Annual
instance in the case of renewable energy sources but also the expansion of the bio-economy
It is important to link business, the public sector, the social economy and civil society. To make
The economy is estimated to have shrunk in GNP terms by almost 18 per cent over the period 2007-2012 with
Structural reforms and fiscal consolidation have helped to rebalance the economy underpinning a return to the sovereign bond market
work of rebuilding The irish economy, achieving sustainable economic growth, strong public finances, and enduring job creation. â€oeafter exiting the EU IMF Programme,
a competitive economy that can pay its own way, serve society, and that can survive and thrive
in a reformed euro zone and an increasingly globalised international economy The Action Plan for Jobs 2014, published on 27 february,
also has a focus on specific sectors in the economy, such as agriculture and food, tourism aviation services, the green economy, retail and construction and property
A strong commitment to oversight and implementation is key to ensuring the effectiveness of the Plan.
pump-priming new sectors and activities in the economy •Are at start-up stage, driven by Ireland†s entrepreneurs
determining the performance of Ireland†s entire economy †particularly if they are highly productive and innovative.
Economy Expenditure and contribute to an internationally competitive operating environment for all businesses •There are also a number of foreign owned entities (many larger scale) that
priority areas are more important to the economy in certain regions than in others, e g
the transformation of the economy to a more sustainable basis for economic growth for the future, for example as set out in Making It Happen.
realistic chance to excel and therefore maximise impact of RD&I investment on the economy It was based on a strong evidence base and rigorous analysis combined with stakeholder
employment in the knowledge economy Enterprise Ireland •Provides direct supports for R&d activity within Irish firms, and supports for
relative to the overall economy, and secondly, it will enable comparisons of performance between the 14 PAS
sustainable growth domestically and a recovered global economy, we anticipate a renewal of the pattern of annually increasing public investment in R&d coupled with a quickening of the
The economy is estimated to have shrunk in GNP terms by almost 18 per cent over the period 2007-2012 with
Structural reforms and fiscal consolidation have helped to rebalance the economy underpinning a return to the sovereign bond market
work of rebuilding The irish economy, achieving sustainable economic growth, strong public finances, and enduring job creation. â€oeafter exiting the EU IMF Programme,
a competitive economy that can pay its own way, serve society, and that can survive and thrive
in a reformed euro zone and an increasingly globalised international economy The Action Plan for Jobs 2014, published on 27 february,
also has a focus on specific sectors in the economy, such as agriculture and food, tourism aviation services, the green economy, retail and construction and property
A strong commitment to oversight and implementation is key to ensuring the effectiveness of the Plan.
pump-priming new sectors and activities in the economy •Are at start-up stage, driven by Ireland†s entrepreneurs
determining the performance of Ireland†s entire economy †particularly if they are highly productive and innovative.
Economy Expenditure and contribute to an internationally competitive operating environment for all businesses •There are also a number of foreign owned entities (many larger scale) that
priority areas are more important to the economy in certain regions than in others, e g
the transformation of the economy to a more sustainable basis for economic growth for the future, for example as set out in Making It Happen.
realistic chance to excel and therefore maximise impact of RD&I investment on the economy It was based on a strong evidence base and rigorous analysis combined with stakeholder
employment in the knowledge economy Enterprise Ireland •Provides direct supports for R&d activity within Irish firms, and supports for
relative to the overall economy, and secondly, it will enable comparisons of performance between the 14 PAS
sustainable growth domestically and a recovered global economy, we anticipate a renewal of the pattern of annually increasing public investment in R&d coupled with a quickening of the
impact at the level of all companies in the economy. The development is slowed by the
economy ï are highly competitive at global level ï ensure regional economy†sustainable effect Target at t1 moment (2020:
Romanian economy through innovation -To enhance the Romanian contribution to the progress of frontier knowledge
value (in the economy, public services public decision-making etc. to the results of research; Romania†s broader strategic
Economy •The design of the strategy involved a number of collaborative procedures, from work in relatively large and diverse panels to participative online consultations
The Romanian economy, ranked right in the middle of the latest Global Competitiveness Report is driven efficiency and displays low business sophistication.
-innovation sectors and is separated from the average national economy in Europe by a considerable competitiveness gap.
-owned companies, play a dominant role in the economy The structure of the labor force diverges substantially from the European trends.
•the potential for adding value (in the economy, public services, public decision -making etc. to the results of research
Knowledge-based economy, European union, R&d, SMES JEL CLASSIFICATION: L29, O11, O30, O52 1. INTRODUCTION As we are facing the transition to the knowledge-based economy,
the role of R&d and innovation is constantly increasing. Because the challenges we are facing have a systemic nature, the instability
emphasizes that the â€oeknowledge-based economy is characterized by the transformation of knowledge in raw material, capital, products, essential production factor for the economy, and by
economic processes in which the generation, selling, acquisition, learning, stocking, developing splitting and protection of the knowledge become predominant and decisive for long term profit
segment in an economy. The amount of the societal know-how of doing complex products in a
a competitive way has structural implications for an economy; therefore, the raising complexity and diversification are critical premises for development †as they influence directly the growth potential
transformation of the Romanian economy. Actually, it pictures the transition from an artificially sustained â€oeportfolio†of products and services Romania produced in the state-owned companies, to
But if we look at the complexity of the economy, there is clear evidence that since 1995, Romania has been in a transition process from an artificially sustained economic
the New Economy",Bucharest, Romania Lin, C.,Lin, P.,Song, F. M.,Li, C. 2011.
Key strenghts and challenges of West region economy...16 III. 1. Main strengths...17 III. 2. Main challenges...
IV. 2. Horizontal policy areas that impact West Region economy...50 IV. 3. Sector specific smart policy areas in West Region...
Europe's economy, while reducing regional disparities in income, wealth and opportunities. To achieve the Europe 2020 objectives of smart, sustainable and inclusive growth, European union (EU
potential of the West Region†s economy 8 I. Introduction 1. In 2010, the Europe 2020 Strategy was launched as the European Union†s ten-year growth
sectors that have a considerable weight in the regional economy (automotive, textiles, agro-food, ICT
economy. (http://ec. europa. eu/regional policy/sources/docgener/informat/2014/smart specialisation en. pdf 9 ahead in these industries.
tackle both the structural weaknesses in Europe†s economy exposed by the crisis, as well as long term
e) Creativity and cultural industries can help to boost local economies, stimulate new activities create new and sustainable jobs,
4. supporting the shift towards a low-carbon economy in all sectors 5. promoting climate change adaptation,
Key strenghts and challenges of West region economy 26. In the run up to the EU accession, the Romanian economy experienced healthy rates of
growth in incomes. This process was driven by the increasing integration of the Romanian economy with the EU Single Market,
which, despite significant progress, is still below the average of other new Member States. Following the post-transition recession, in the 2000†s the country†s economic expansion
economy experienced growth averaging 6. 5%per annum and saw GDP per capita rise from 26%of the
different parts of the economy Figure 12: Sector Distribution of Gazelles in the West Region (2010
As a result of the spatial effect of the transition of the economy and conditioned in part by
As part of a post socialist country, the West region economy was dominated by large state industries up until the early 1990s.
shaping the economies of the counties today and have reinforced regional disparities. As discussed in
the West Region ever more tightly into the European economy 66. In fact, there is evidence showing that the region is connected to global value chains in agro
it is less likely the business will be embedded fully in the local economy particularly if it is owned foreign.
and technology into the regional economy. As foreign firms are almost inevitably more productive and
economies, the difficulty for small local suppliers to meet international quality standards, and the fact
and potential in the West Region†s economy; they are: automotive, textiles, agro-food, ICT, construction
IV. 2. Horizontal policy areas that impact West Region economy 88. The identification of the main horizontal policy areas results from the combination of a
future economy 91. Lifelong learning is another important area for policy action. Lack of investment in lifelong
Economy, Ministry of Regional Development and Public Administration and with the regional structures in designing and applying of the research, development and innovation policy
In addition, it draws attention to a number of horizontal, economy-wide areas of intervention that
Promote the transfer of knowledge and innovation in regional economy; and (ii) Improve access of
The most relevant sectors in the West Region economy are automotive, ICT, textile, agro-food, as
availability of financing through a multiplying effect at the level of the regional economy 172.
The analysis of the regional level economy revealed a mismatch between the available skills and the needs of the labor market in the West Region.
degree of dependence of the rural economy on increased connectivity to larger urban centers. The selection of the main national and county roads that need to be connected through secondary and
innovation in regional economy Improving access to support services for SMES, to foster their development
These objectives aim to tackle both the structural weaknesses in Europe†s economy exposed by the crisis,
but because of their relevance and potential in the West Region†s economy. This assessment has revealed, based on available information,
The region has a dynamic economy, and stands out among the other regions of Romania as result of a high level of economic development, solid export
Economy competitiveness. This vision, formulated after the European council in Lisbon, in 2000 (Lisbon strategy) intended to outline the main directions of strategies
identified was the development of a knowledge based economy corroborated with incentives for the IT and communications sector (ICT.
generated by the information society and knowledge based economy Measurable benefits resulting from the access to broadband communications
Economy: The interconnectivity between the business environment and that of digital communications is still at an initial stage,
and global economy, the business environment shall become a major consumer of broadband communications. To that effect, we try to create a sort of mutual
Public Finance, Ministry of Economy, Ministry of Transportation and Infrastructure Ministry of Regional Development and Housing and Ministry of Health.
ICT will continue spreading its revolutionary power to modernize economies and societies and improve living conditions and opportunities around the world.
within their territories and vis-Ã-vis more advanced economies The development of the information society should be considered as a
of the national economy. The scale of investment in this field, especially the rapid expansion and ability to induce a multiplying effect on economic growth, particularly
•Adapting training to the needs of the economy •Facilitating access to justice through electronic public services
economy achieved is approximately 17.2 million RON The percentage of online procedures carried out by contracting authorities
special way its economy The total population of the islands in 2011 reached 1. 113.114 inhabitants
Regional sheets of the New Economy. N-economy The equipment and use of ICT in households, has increased in Balearic
Islands in the last years Source: Regional sheets of the New Economy. Baleares. N-Economics.
June 2012 SOCIO ECONOMIC DIAGNOSIS Population and territory Information Society
Overtext Web Module V3.0 Alpha
Copyright Semantic-Knowledge, 1994-2011