scholarly journals Drivers of the Innovation System and Role of Knowledge Application in Regional Innovation System — Case Oulu Region, Finland

2021 ◽  
pp. 103-121
Author(s):  
Henna LONGI ◽  
◽  
Sami NIEMELÄ ◽  

In the northern periphery, actions are needed to support regional economic development. According to widely shared understanding, innovations are at the core of sustainable economic growth. The regional innovation system (RIS) approach is a framework that has been developed for the design and im-plementation of innovation-based regional policies. This concept implicates new roles for public and private actors in the system. The role of the public sector is related to generating and diffusing knowledge to the companies and industrial networks. On the other hand, companies have increased collaboration with other actors and utilization of external knowledge for innovation and commercial purposes. The case analysis in this study is based on data from experiments in Oulu region, Finland, which has a long history in developing public-private collaboration and innovation system. The focus of the analysis is on knowledge application and exploitation, and their implications for the public driven innovation system and activities. Operational tools and activities are divided into three different categories: company collaboration, business development, and competence development. The analysis also reveals some examples of the future prospects and challenges in the region.

2018 ◽  
pp. 128-158 ◽  
Author(s):  
Yannis Pierrakis

This chapter adds to the growing literature from recent years on innovation finance, innovation systems, and regional economic policy. Although the role of business has been seen as critical within the regional innovation system, the role of business financing intermediaries has received considerably less attention despite their recognised role as a central actor of the system. This chapter focuses on an innovation player that seems to have been neglected by scholars to date, namely the venture capital industry. It examines the role of public policies in promoting entrepreneurship through the UK government backed venture capital schemes. It investigates whether and how the public interventions have changed the availability of venture capital at the UK regional level. It also elaborates on the potential implications of the public sectors's domination in venture capital provision in several UK regions.


Author(s):  
Yuzhuo Cai ◽  
Cui Liu

Recent literature has moved from a primarily economic perspective to awareness of the institutional role of a university in a regional innovation system. This chapter contributes to the scholarly discussions by combining the theories of institutional entrepreneurship and institutional logics to provide an analytical framework for understanding how universities can support institutional change in a regional innovation system. In particular, the authors consider the university as an institutional entrepreneur that not only initiates diverse changes in the institutional environment, but also actively participates in the implementation of such changes. The analytical framework is used to analyse the case of Tongji University in a regional innovation system in Shanghai, China.


Author(s):  
Yannis Pierrakis

This chapter adds to the growing literature from recent years on innovation finance, innovation systems, and regional economic policy. Although the role of business has been seen as critical within the regional innovation system, the role of business financing intermediaries has received considerably less attention despite their recognised role as a central actor of the system. This chapter focuses on an innovation player that seems to have been neglected by scholars to date, namely the venture capital industry. It examines the role of public policies in promoting entrepreneurship through the UK government backed venture capital schemes. It investigates whether and how the public interventions have changed the availability of venture capital at the UK regional level. It also elaborates on the potential implications of the public sectors's domination in venture capital provision in several UK regions.


2019 ◽  
Vol 13 (2) ◽  
pp. 485-511
Author(s):  
Katharina Spraul ◽  
Julia Thaler

Abstract Since 1987, members of the United Nations have strived for improving sustainability to fulfill the vision of sustainable development. Current discussions focus on the role of collaborations between public and private actors to realize social, ecological, and economic sustainability. This study explores how public–private partnerships may contribute to the achievement of sustainability-related outcomes by analyzing a longitudinal case in the German public bathing and swimming pool sector. The empirical findings illustrate how both external conditions, such as regulation or industry-self regulation, and internal elements, such as specific structure and process elements of the public–private partnership, contribute to sustainability-related outcomes. Results reveal an interaction of specific external conditions and some internal elements. Our findings serve as a starting point for further empirical investigations of the sustainable provision of public services via public–private partnerships, and form a basis for theory development. The revealed insights result in practical implications for partners involved in public–private partnerships.


2015 ◽  
Vol 4 (1) ◽  
pp. 7-13 ◽  
Author(s):  
Kushtrim Braha ◽  
Artan Qineti ◽  
Roman Serenčéš

Abstract The role of innovation in the economic growth is becoming a crucial aspect of the future economic development. Building of the innovative-driven economy requires establishment of supportive macroeconomic environment. It involves interplay among three main factors of innovation: education system, entrepreneurship and governmental institutions. Establishment of the integrated national innovation system is a key priority that assures sustainable economic growth. Slovakia is mobilizing its resources in order to shift its economic growth from efficiency-driven to innovation-driven economic growth. The inflow of the foreign investments and attractive entrepreneurial environment are identified as the main resources of economic growth during the observed period. Additional input in accelerating economic growth brought the accession of the country into the EU. On the other hand, R & D activities remain weakly supported by the public and private funding. As the result, productivity of the Slovak innovators remains low as well. Over the last decade, only 70 patents annually were granted to the Slovak innovators. Despite the significant improvement of the innovative environment, there is a low share of enterprises applying innovation in their business activities.


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