2 nd SINCERE is proud to host round table on the role of Smart Specialization Strategy in new EU member states and its effects hosted by the Economics Institute Zagreb. The round table will explore two interrelated questions. What is the influence of Smart Specialization on development of national and regional economies as well as on industries of tomorrow? What is the influence of institutional framework on implementation of Smart Specialisation? Within this round table the outputs will be presented that emerged during the SmartEIZ project “Strengthening scientific and research capacity of the Institute of Economics Zagreb as a cornerstone for Croatian socioeconomic growth through the implementation of Smart Specialization strategy”.