Local Innovation System
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Local Innovation System
A local innovation system is a spatial concentration of firms (including specialized suppliers of equipment and services and customers) and associated non-market institutions (universities, research institutes, training institutions, standard-setting bodies, local trade associations, regulatory agencies, technology transfer agencies, business associations, relevant government agencies and departments, et al.) that combine to create new products and/or services in specific lines of business. The idea of a local innovation system is an adaptation from the concepts of the national innovation system (original concept) and regional innovation system. See also * Regional innovation system * National innovation system The National Innovation System (also NIS, National System of Innovation) is the flow of technology and information among people, enterprises and institutions which is key to the innovative process on the national level. According to innovation syst ... References Innov ...
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Research Institutes
A research institute, research centre, research center or research organization, is an establishment founded for doing research. Research institutes may specialize in basic research or may be oriented to applied research. Although the term often implies natural science research, there are also many research institutes in the social science as well, especially for sociological and historical research purposes. Famous research institutes In the early medieval period, several astronomical observatories were built in the Islamic world. The first of these was the 9th-century Baghdad observatory built during the time of the Abbasid caliph al-Ma'mun, though the most famous were the 13th-century Maragheh observatory, and the 15th-century Ulugh Beg Observatory. The Kerala School of Astronomy and Mathematics was a school of mathematics and astronomy founded by Madhava of Sangamagrama in Kerala, India. The school flourished between the 14th and 16th centuries and the original discoveries ...
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Standard-setting Bodies
A standards organization, standards body, standards developing organization (SDO), or standards setting organization (SSO) is an organization whose primary function is developing, coordinating, promulgating, revising, amending, reissuing, interpreting, or otherwise contributing to the usefulness of technical standards to those who employ them. Such an organization works to create uniformity across producers, consumers, government agencies, and other relevant parties regarding terminology, product specifications (e.g. size, including units of measure), protocols, and more. Its goals could include ensuring that Company A's external hard drive works on Company B's computer, an individual's blood pressure measures the same with Company C's sphygmomanometer as it does with Company D's, or that all shirts that should not be ironed have the same icon (a clothes iron crossed out with an X) on the label. Most standards are voluntary in the sense that they are offered for adoption by peop ...
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Trade Associations
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence public policy in a dire ...
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Regulatory Agencies
A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous dominion over some area of human activity in a licensing and regulating capacity. These are customarily set up to strengthen safety and standards, and/or to protect consumers in markets where there is a lack of effective competition. Examples of regulatory agencies that enforce standards include the Food and Drug Administration in the United States and the Medicines and Healthcare products Regulatory Agency in the United Kingdom; and, in the case of economic regulation, the Office of Gas and Electricity Markets and the Telecom Regulatory Authority in India. Legislative basis Regulatory agencies are generally a part of the executive branch of the government and have statutory authority to perform their functions with oversight from the legislative branch. Their actions are often open to legal review. ...
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Technology Transfer
Technology transfer (TT), also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the person or organization that owns or holds it to another person or organization, in an attempt to transform inventions and scientific outcomes into new products and services that benefit society. Technology transfer is closely related to (and may arguably be considered a subset of) knowledge transfer. A comprehensive definition of technology transfer today includes the notion of collaborative process as it became clear that global challenges could be resolved only through the development of global solutions. Knowledge and technology transfer plays a crucial role in connecting innovation stakeholders and moving inventions from creators to public and private users. Intellectual property (IP) is an important instrument of technology transfer, as it establishes an environment conducive to sharing research results and technologies. Analysis in 2003 showe ...
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National Innovation System
The National Innovation System (also NIS, National System of Innovation) is the flow of technology and information among people, enterprises and institutions which is key to the innovative process on the national level. According to innovation system theory, innovation and technology development are results of a complex set of relationships among actors in the system, which includes enterprises, universities and government research institutes. Origins of term The term ''National System of Innovation'' originated when Christopher Freeman, INDIA and Bengt-Åke Lundvall worked together in the late 1980s. Freeman's research drew heavily on political economy of Friedrich List and his historical account of the rise of Japan as an economic superpower. Lundvall's work explored the important social interactions between suppliers and customers and their role in encouraging innovation in Denmark. Apart from a general definition, as above, there is no canonical definition of national innova ...
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Regional Innovation System
In the study of innovation systems, a regional innovation system (RIS) encourages the rapid diffusion of knowledge, skills and best practice within a geographic area larger than a city, but smaller than a nation. The edge of a regional innovation system may be drawn conceptually and organizationally around the economic, social, political and institutional relationships that generate a collective learning process within a related group of technological or functional areas. A recent study has shown that innovation output is higher in regions where both a sizable population of small firms and large firms are present. In regions lacking large firms, universities can take on the important role of knowledge brokers for small and medium enterprises (SMEs). In the European context, the European Union following a regional development model (dividing European territories in administrative and statistical national subdivisions) gives great emphasis to RIS. The regional innovation systems had ...
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Regional Innovation System
In the study of innovation systems, a regional innovation system (RIS) encourages the rapid diffusion of knowledge, skills and best practice within a geographic area larger than a city, but smaller than a nation. The edge of a regional innovation system may be drawn conceptually and organizationally around the economic, social, political and institutional relationships that generate a collective learning process within a related group of technological or functional areas. A recent study has shown that innovation output is higher in regions where both a sizable population of small firms and large firms are present. In regions lacking large firms, universities can take on the important role of knowledge brokers for small and medium enterprises (SMEs). In the European context, the European Union following a regional development model (dividing European territories in administrative and statistical national subdivisions) gives great emphasis to RIS. The regional innovation systems had ...
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National Innovation System
The National Innovation System (also NIS, National System of Innovation) is the flow of technology and information among people, enterprises and institutions which is key to the innovative process on the national level. According to innovation system theory, innovation and technology development are results of a complex set of relationships among actors in the system, which includes enterprises, universities and government research institutes. Origins of term The term ''National System of Innovation'' originated when Christopher Freeman, INDIA and Bengt-Åke Lundvall worked together in the late 1980s. Freeman's research drew heavily on political economy of Friedrich List and his historical account of the rise of Japan as an economic superpower. Lundvall's work explored the important social interactions between suppliers and customers and their role in encouraging innovation in Denmark. Apart from a general definition, as above, there is no canonical definition of national innova ...
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