Regional Innovation Potential: The Case of the U.S. Machine Tool Industry


Book Description

This title was first published in 2000: Steven Nivin analyzes a process vital to economic development - technological change. He furthers understanding of the processes driving innovation, so that we may gain a deeper insight into the development of economies. Specifically, the study explores the concept of innovation potential and the factors that result in variations in innovation potential across metropolitan areas, using the US machine tool industry as a case study. To provide a comparison, the same models are also estimated for the semiconductor industry. The findings indicate that urbanisation economies, localization economies, human capital, universities, and invention-derived knowledge are significant factors. The study assesses the contributions of three different skill levels of human capital; college-educated, graduate degree, and locally produced PhD’s in mechanical and electrical engineering. Only the graduate and PhD degree measures are found to be significant, indicating the importance of having a highly skilled pool of labour within the region. The influences of the factors appear to be similar across industries, with some slight differences. The transfer of knowledge through patents is also studied. It is found that the transmission of this knowledge is slower between different industries, relative to the transmission within the same industry.




Quantitative Methods for Place-Based Innovation Policy


Book Description

Place-based innovation policy design requires an in-depth understanding of territories and their complexity. Traditional statistics, with a lack of publicly available data at the disaggregated (sub-sectoral and regional) level, often do not provide adequate information. Therefore, new methods and approaches are required so that scientists and experts that can inform decision-makers and stakeholders in choosing priorities and directions for their innovation strategies. The book replies to such a need by offering advanced mapping methodologies for innovation policies with a special focus on approaches that take into account place-based policies.




Can Regional Policy Affect Firms' Innovation Potential in Lagging Regions?


Book Description

The initiation of innovation in lagging regions has become one of the most pressing issues in regional policy. Several studies have attempted to identify the factors that influence the creation and development of product innovation in firms located in lagging regions. The identification of these factors could assist regional decision-makers in promoting technological innovation in such regions. The research question investigated in this study is whether the effectiveness of such regional policies is related to the degree of regional innovation potential and innovativness. This paper tries to deal with this central question by implementing an extended empirical model developed by the author. The Extended Model combines two prevailing probability models: LOGIT and Bayesian decision theory. The data analyzed in the paper were collected from a field survey of a sample of 211 industrial firms located in the northern region of Israel. In the first stage of the analysis, the model was used to identify variables influencing product innovation; the second stage investigates changes in the probability of producing innovations in the defined region. The results of the analyses point to the effectiveness of a regional policy that could promote and support the creation of factors fostering technological innovation in selected industries in lagging regions.




Unlocking Regional Innovation and Entrepreneurship


Book Description

Illuminating and timely, this book explores several theoretical and empirical issues related to the potential for increasing capacities for innovation, knowledge and entrepreneurship. It highlights the current academic and political consensus that calls for policy interventions targeted towards more balanced, inclusive and regionally cohesive growth.




Regional Innovation Potential


Book Description




Regional Innovation Potential: The Case of the U.S. Machine Tool Industry


Book Description

This title was first published in 2000: Steven Nivin analyzes a process vital to economic development - technological change. He furthers understanding of the processes driving innovation, so that we may gain a deeper insight into the development of economies. Specifically, the study explores the concept of innovation potential and the factors that result in variations in innovation potential across metropolitan areas, using the US machine tool industry as a case study. To provide a comparison, the same models are also estimated for the semiconductor industry. The findings indicate that urbanisation economies, localization economies, human capital, universities, and invention-derived knowledge are significant factors. The study assesses the contributions of three different skill levels of human capital; college-educated, graduate degree, and locally produced PhD’s in mechanical and electrical engineering. Only the graduate and PhD degree measures are found to be significant, indicating the importance of having a highly skilled pool of labour within the region. The influences of the factors appear to be similar across industries, with some slight differences. The transfer of knowledge through patents is also studied. It is found that the transmission of this knowledge is slower between different industries, relative to the transmission within the same industry.




Innovative Regions?


Book Description




Innovative Regions?


Book Description




Regional Innovation Systems - An Analysis of Innovation Policy Instruments


Book Description

Inhaltsangabe:Abstract: Innovation is essential for the competitiveness of companies within the globalised knowledge economy. In the actual situation of high unemployment rates in most western countries public economy support works thereby actively on the improvement of innovation activity conditions. The regional level is for this attempt the most interesting spatial entity because of its high significance in global economic mechanisms. The questions motivating this master thesis are how regional innovation policy can improve a regional innovation system and which of the possible policy instruments the most effective ones are to combat unemployment. Innovations are the new combination of recent or established knowledge, whose implementation had a noticeable effect on the performance of the organisation, it was implemented in. This includes product, process, organisational and people innovations. Innovations are not anymore an individual effort but a process which involves many actors and institutions. The basis for the exploration of how to support the development and implementation of these innovations is the regional innovation system approach. It divides the innovation process into phases and their linkages and allows identifying analytically the evolved actors and the weaknesses of the innovation process. The analysis of innovation policy instruments assigns each weakness within the innovation process an instrument which is explained and analysed in detail. The examined instruments are competence centres, start-up centres, science parks, networks, regional knowledge management and diffusion agencies. Each instrument s function and its main characteristics get described together with a best practice example, which leads to a conclusion on its effects on innovation and employment. The result of the analysis is that competence centres, start-up centres and science parks are central instruments and have the highest potential for employment effects. Networks, regional knowledge management and diffusion agencies are more supporting measures that improve the performance of the first three. For the success of all instruments, their combination with each other and the utilisation of synergies and dependencies between them is essential. A holistic concept including all instruments is the most effective way to support regional innovation processes. These findings get transferred to the case study region Bonn where, as an example for an [...]




Regional Innovation Impact of Universities


Book Description

Driven by European Union policy challenges, this cutting-edge book focuses upon the Regional Innovation Impact (RII) of universities, to analyse the socioeconomic impact that universities in Europe have on their hometowns, metropolitan areas and regions.