Development of the Smart Specialization Strategy (S3) in the field of Business Process Outsourcing (BPO)
ABSL Albania, a prominent Albanian business organization, recently facilitated a successful event focused on the development of the Smart Specialization Strategy (S3) in the field of Business Process Outsourcing (BPO). The event was held at the TUMO Center, Stadium Arena on April 3, 2023, from 9:00 AM to 1:00 PM.
The S3 combines industrial, educational, research/scientific, and innovation policies to create economic growth by utilizing a country’s competitive advantages. The Entrepreneurial Discovery Process (EDP), a bottom-up approach, was used to identify and prioritize key activities that link innovation and scientific research with economic growth.
The roundtable event was attended by government representatives, business leaders, academia, and civil society partners. Discussions revolved around ways to foster innovation, develop human capital, and increase competitiveness in the BPO sector. Participants agreed that collaboration among government, industry, and academia was necessary to create an environment that encourages innovation, collaboration, and growth.
The success of the roundtable event is a testament to ABSL Albania’s commitment to promoting the growth and development of the BPO sector in Albania. The organization’s efforts to bring together stakeholders from across the government, industry, and academia have created a platform for discussion and collaboration, providing valuable insights into how Albania can harness its competitive advantages to create economic growth.
The participants noted that Albania has a competitive advantage in terms of its skilled workforce, low cost of living, and favorable tax regime. However, they also acknowledged that there were challenges that needed to be addressed, including the need to improve infrastructure, enhance access to finance, and create a favorable regulatory environment.
In conclusion, ABSL Albania’s recent roundtable event on Smart Strategy S3 was a resounding success, providing valuable insights into how Albania’s competitive advantages can be harnessed to create economic growth in the BPO sector.
