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Fostering research excellence
in EU Outermost Regions
Fostering research excellence
ORs : toward a new economic model
As a reminder, the elaboration of Smart Specialization Strategy (S3) occured after a crisis in 2007, that revealed the very vulnerability of the economy whose growth and sustainability mostly relies on massive and regular financial, material and energy flux. The 2007 crisis lead to the breakdown of this model of economy.
Thus, the model of island characteristics naturalized disadvantages induced by the import of a mass production, consumption economic system that relies on fossil fuel and economies of scales collapsed.
This new situation offers opportunity to reconsider ORs singularities, as valuable assets rather than handicaps to be suppressed.
ORs new challenges
Most outermost regions have to invent an economy respectful of its capacities to connect to other European, international research and innovation ecosystems.
They have to become more resilient regions through the development of innovations solutions exportable to other regions and the creation of critical mass of singular knowledge and know-how. Forward project aims to encourage mutual learning between OR.