Entrepreneurship, Innovation and Regional Development
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Entrepreneurship, Innovation and Regional Development

Edited by David Smallbone, Markku Virtanen and Arnis Sauka

Entrepreneurship and innovation are arguably the main drivers of economic development today. This book explores the two in depth, at both the national and regional levels, using a variety of methodologies. The expert contributors discuss the subject from a policy perspective, with case studies from a host of countries including new member states of the EU as well as established EU member states. Split into three parts, the book focuses on: innovation, entrepreneurial activity and regional development, and entrepreneurship and SME policy.
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Chapter 3: Smart specialisation as a development opportunity for the peripheral regions of Eastern Poland

Anna Rogut and Bogdan Piasecki

Abstract

Eastern Poland is among areas characterised by weaker potential. The smart specialisation concept offers additional opportunities for innovation development to Eastern Poland, alternately assuming forms of an creative or imitative innovation model. The creative innovation model reminds investment or catching-up strategies of technological advancement, described in economics literature, which are applied by many emerging economies, including South Korea, China, Brazil and India, with different degrees of success. The imitative innovation model is characterised by a relatively high risk, particularly in the conditions of a relatively low development potential and absence of support to the local industrial base, which is necessary for foreign investments. In the present situation, the imitative innovation model does not guarantee creation of sustainable mechanisms that would reduce the development distance relatively fast. That is why fast implementation of the creative innovation model is a more recommended model for Eastern Poland. The chapter is devoted to the conditions necessary for effective implementation of this innovation model in Eastern Poland.

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