The green industry’s potential to drive local innovation in the manufacturing sector : Malta a case study for a smart specialisation strategy in eco-innovation

Abstract

The green industry is facing growth due to various economical, social, political and environmental factors. This paper provides the context of innovative technologies within the local manufacturing green industry, in particular those related to renewable energy and energy efficiency. In exploring what constitutes a smart specialisation strategy, a consultation process with key players from different pillars of interest, mainly: Academia, Industry, Government, Political Parties and Public NGOs, was conducted in an effort to identify a range of different perspectives and understandings of such a strategy at a local level. This process was mapped onto a SWOT analysis and Scenario Planning exercise, highlighting the present context of the local green manufacturing industry. This research concluded by drawing on this research to identify a general framework for developing a specialisation strategy and approach for eco-innovation for small countries like Malta.