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The key feature of EU Smart Specialization is experimentalist governance, or the idea that policy principals only partially possess the necessary knowledge for policy design and implementation. Instead, discovering policy priorities, designing instruments, and detecting and correcting errors are the responsibilities of a wide range of innovation stakeholders. However, particularly in institutionally less developed countries and regions, there is often a clash between the requirements for experimental governance and the public policy demand for predominantly procedural accountability. Our central argument is that the experimentation dimension cannot be added to the conventional policy cycle without altering it. This results in a trade-off between experimentation and accountability, leading to four disconnected governance regimes: EDP, design, implementation, and M&E. This paper demonstrates this issue in the case of Croatia's S3. Using the concept of a dynamic policy cycle, we critically examine different solutions to experimentation and highlight their deficiencies. Our analysis and conclusions are highly relevant for countries and regions adopting experimental policy approaches. [ABSTRACT FROM AUTHOR]

Environmental sustainability has been a key policy goal of the European Union (EU), particularly under recent EU Cohesion Policy strategic frameworks. This paper contributes to the analysis of the relevance of EU Cohesion Policy-related environmental sustainability investments, by assessing the impacts of the Operational Programme for Sustainability and Use of Resources (POSEUR 2014–2020), in the Portuguese North NUTS II. In detail, the impact scores of the following five analytical dimensions related to this programme were obtained: (i) low-emissions economy, (ii) adaptation to climate change, (iii) risk prevention and management, (iv) environmental protection and (v) resource efficiency. The analysis was supported by a territorial impact assessment methodology (TARGET_TIA) which was complemented by an online analytic geographic information system (GIS) policy evaluation platform (Impact-WEB_GIS). The results showed that the POSEUR's regional implementation efficiency fell short of the stakeholders' expectations. This can be explained by factors such as the obstacles posed by the prior underdeveloped infrastructural conditions, coupled with the panorama created by the Covid-19 outbreak. Nonetheless, the risk prevention and management dimension had a solid positive impact score that reflected the efficacy of POSEUR in tackling environmental threats, mostly in rural ecosystems. [ABSTRACT FROM AUTHOR]