Title: Global Value Chains and Smart Specialisation Strategy: Thematic work on the understanding of global value chains and their analysis within the context of smart specialisation
Publisher: Publications Office of the European Union
Publication Year: 2015
JRC N°: JRC98014
ISBN: 978-92-79-69677-0 (print),978-92-79-54181-0 (pdf)
ISSN: 1018-5593 (print),1831-9424 (online)
Other Identifiers: EUR 27649 EN
OP LF-NA-27649-EN-C (print),LF-NA-27649-EN-N (online)
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC98014
DOI: 10.2791/44840
Type: EUR - Scientific and Technical Research Reports
Abstract: Using the case of the Irish pharmaceutical sector, this paper considers Global Value Chains and Smart Specialisation Strategy (S3). The paper elaborates the foundations and functioning of global value chains, the importance of their analysis within the S3 context, in line with the existing RIS3 framework. A methodological approach to analysing a country’s position in GVCs in terms of activities, flows and relationships is presented. The approach is illustrated with its application to the Irish pharmaceutical sector. Based on the insights from the analysis of that sector, the paper suggests recommendations as to how countries and regions would be able to develop necessary strengths in those aspects that the country under review lacks and which would need to be developed if the country is to fill those gaps.
JRC Directorate:Growth and Innovation

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