About

The application supports the development and adoption of a monitoring mechanism for the implementation of a RIS3 strategy at a national and/or regional level. As it is defined by the EC for the successful implementation of the RIS3 strategy, planning and actions should be in pursuit of the objectives and priorities set and funding allocation should be effectively planned. The key concepts of SMART specialisation strategies include the following: Should be specific, significant, and stretching. Their results be measurable, meaningful and motivational. They have to be agreed upon, be achievable, acceptable by the society and action-oriented. They have to be realistic, relevant to each region and results-oriented; Finally smart specialisation strategies should focus on a specific time period with tangible results that would be trackable.
In this context, Application 6.1 Monitoring RIS3 aims at providing a web application where users will be able to track and monitor the whole implementation process of their RIS3 strategy.

Potential users

The potential users of the application are high level executives that are actively participating in the design, implementation and monitoring of Smart Specialisation Strategies in European Regions.

Application rationale

The outputs of this application include interactive dashboards providing information about the current performance of the region for certain time modes. Through the combination of innovative visualisation techniques with comparatives tables that depict changes of different measures across time, users can see the evolution of the overall strategic plan at a glance. This information supports the conduction of a RIS3 Monitoring report in a proposed detailed structured, addressing key issues that RIS3 implementation should impact on. Users can download the RIS3 monitoring report and all the data and visualisations in different formats.
Figure 1 provides the rationale behind this ONLINE S3’s application 6.1. There are six discrete stages in the “RIS3 Monitoring” application.

ONLINE S3: RIS3 Monitoring image/svg+xml ONLINE S3: RIS3 Monitoring Isidoros A. Passas Key info Set the name of reportSet your geographical region; Import data directly from the surveys of the beneficiaries and ‘end-users’ of public policies implemented through S3. SettingKey parameters Data management and monitoring ConsolidatedReport Report sections per investment priority: 1. Objectives of the RIS3;2. Baseline situation in the region; 3. Actions implemented; 4. Indicators: Tables and Diagrams; 5. Impact analysis / Conclusions RIS3 Monitoring report Combining all the information from previous steps a structured report is produced that justifies the current implementationstatus of your RIS3. Consolidated report Import budgetary data to capture the funding dimension of your RIS3 and relate it your output indicators Budget dashboard Stakeholders satisfaction dashboard Import the output indicators from App 6.2 Output and Result indicators and get interesting visualisationsabout their progress Output indicators dashboard

Figure 1 Rationale behind this ONLINE S3 Application 6.1 RIS3 Monitoring

Benefits to key actors and stakeholders

One of the main benefits of the application is that users can use the application to formalise monitoring of the RIS3 implementation. All the data are stored in a relational database hence each user can retrieve the information easily at different time intervals.

The performance of the region across time regarding the targets set in the previous step of the strategy (output and result indicators are used at this point).

The budget performance and the stakeholders (users) satisfaction of the RIS3 implementation from the surveys of the beneficiaries and ‘end-users’ as defined in their relative applications.

The following Figure 2 display the key benefits of the application that are considered to greatly support regional actors and stakeholders for the further development of their regions and the successful and cost effective implementation of RIS3.

Benefits of the RIS3 Monitoring application image/svg+xml Benefits to stakeholders when using the definition of outputs and results indicators Advanced data analytics Report onRIS3 monitoring in a structured and intuitive way RIS3 monitoring using different data sets Integrated data sources environment into a web-baseddashboard 6.1 RIS3monitoring

Figure 2 Benefits to stakeholders when using the definition of outputs and results indicators.