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Mapping of economic, innovative and scientific potential in Serbia

This report is prepared to identify potential priority domains for smart specialisation in Serbia. It will does this based on an approach following the smart specialisation approach by mapping the economic, scientific and innovation potential at subnational level as a preparation for prioritising domains and activity areas for public investments and beginning stakeholder mobilisation (entrepreneurial discovery process).
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Abstract

This report is prepared to identify potential priority domains for smart specialisation in Serbia. It will does this based on an approach following the smart specialisation approach by mapping the economic, scientific and innovation potential at subnational level as a preparation for prioritising domains and activity areas for public investments and beginning stakeholder mobilisation (entrepreneurial discovery process, in short EDP). Mapping is a crucial first step in this to identify preliminary priority domains and the relevant stakeholders for discussing them.

All analytical approaches outlined in this report show that relative specialisation vary substantially across Serbian regions and the AP Vojvodina. This strongly suggests that government objectives and activities should take account of the differences in innovation systems. An overall picture of regional strengths, weaknesses and possible leverage points in the form of potential priority areas has emerged.

This, however, can only be the basis for a further discussion of actual political prioritisations in the upcoming entrepreneurial discovery process. Quantitative data alone cannot sufficiently indicate what is desirable and feasible within both the political and the economic domain.

However, the quantitative analysis gives clear indications on which economic sectors the Serbian population depends for growth and jobs and where there dynamic development is more likely. Less than pre-determining its outcome, it thus clearly indicates which areas may not be overlooked in future stakeholder consultations.
As one bottom line message, it is essential that an economy like Serbia’s that still strongly depends on agriculture and various light industries also leverages on these potentials, rather than focusing on classic high-tech sectors alone. The following potential priority areas can be identified on the basis of the data and could serve as a basis for further consideration in a later, stakeholder-based process.