Innovation is crucial to regional economic competitiveness and to productivity growth. A salient feature of the Indian … economy is the geographic concentration of both, economic activity and innovation, as measured by patent activity. Theoretical … turn drives innovation. The literature also posits that the presence of human capital is critical to the generation of new …

, development and innovation. Smart specialization is an important instrument for creating a strategy for the development of … innovation at the state and regional level as well as for defining and building the knowledge-based economy. This paper presents … specialization is helping to focus development of innovation in areas consistent with their endogenous potentials. The aims of the …