The European regional competitiveness scoreboard offers a powerful tool for analyzing a region’s competitive position and its position in global economic networks using a visualization of actual regional data. It determines the competitors of firms in regions, the position of these firms in interregional and international trade, and positions regions vis-à-vis their competitors. The purpose of this tool is to carefully analyze a region’s economic position such that a regional economic development strategy can be built on a sound analysis of regional assets and technology. It thereby enables (regional) policy makers to use this information to develop an evidence-based scientific regional smart specialization strategy. The tool makes use of the newest data visualization technology to present all different aspects of interregional competitiveness.
It is the result of a collaboration between the S3 Platform of the Joint Research Centre's Institute of Prospective Technology Studies, a part of the European Commission's in-house science service, and the PBL Netherlands Environmental Assessment Agency. It aims to provide evidence-based scientific support to the European policy-making process.
