On December 3, 2018 a round-table “Smart specialization: the results of cooperation between authority, business and science” took place in the hotel “Optima” in Cherkasy. The representatives of the Regional Development Department of Cherkasy state regional administration as well as Reform Support Team at the Ministry of Economic Development and Trade and Ukrainian Institute for International Politics, who support the process of smart specialization implementation in Ukraine and in Cherkasy region in particular, joined the event. Within the framework of the round-table the existing European practices of smart specialization introduction and the action plan of Cherkasy region in this direction were presented.
Smart specialization is about close collaboration and dialogue between authority, business, science and local communities as well as common view on economic, innovative and scientific potential of the region that gives an opportunity to discover the uniqueness and competitive advantages of the area through entrepreneurship, innovations, investment, industry and science. Cherkasy region has independently registered on S3 Platform, which is one of the instruments in development and introduction of smart specialization principles.
In 2019 the development strategy devising of Cherkasy region for the period of 2021-2027 was started. The strategy will be based on the smart specialization principles.