Role of innovation economy in developed and emerging countries
Uncertainties, huge investments, late returns on investment and high risks - the main features of innovation process. Smart specialization as an innovation strategy in terms of national or regional domain, which is aimed on economic transformation.
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It covers all economic activities related to oceans, seas. In the context of the blue economy, the interaction of the activities of the sea-coast system is considered a key source of economic potential that can contribute to sustainable innovation.
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