| Resumo: | The purpose of our research is to discuss the orchestration capacity of the regional innovation ecosystem on the part of higher education institutions based in their capacity to fulfill gaps in firms' endowment of R&D and innovation inputs by designing proactively 'double degrees' in the framework of Erasmus Mundus Joint Masters. As research methodology it was followed an ethnographic case study approach, based upon an initiative of two higher education institutions (located in Finland and Portugal). The paper's contribution, of empirical nature, is to stimulate a deeper analysis about economic and institutional aspects that might impede transnational cooperation between educational sector and, thus, their capacity to induce knowledge spillovers and stimulate regional development sustainability.
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