Biobord open innovation platform connecting bioeconomy developers in BSR (ConnectedByBiobord)

As regions build their competitive advantage in global markets via smart specialization (S3) based on the regional strengths, strategic building of transnational networks and alliances as well as capacity for transnational innovation management and co-operation are essential to unlock new market opportunities and to keep up with the global competition. In the rural regions, the need for networks and co-operation is even more prominent due to limited human capital, lack of agglomeration economies, low levels of firm clustering and a weak endowment with knowledge generation organizations. As rural regions, the partner regions of ConnectedByBiobord face similar challenges of lacking capacity for innovation hindering their aspirations to develop bioeconomy and therefore strive to solve these challenges via strategic interregional alliances. The project is co-financed by the European Regional Development Fund.