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Innovation Ecosystem
The concept of the innovation system stresses that the flow of technology and information among people, enterprises, and institutions is key to an innovative process. It contains the interactions between the actors needed in order to turn an idea into a process, product, or service on the market. Development and diffusion of the concept Systems of Innovation are frameworks for understanding innovation which have become popular particularly among policy makers and innovation researchers first in Europe, but now anywhere in the world as in the 1990s the World Bank and other UN-affiliated institutions accepted. The concept of a 'system of innovation' was introduced by B.-Å. Lundvall in 1985; "however, as he and his colleagues would be the first to agree (and as Lundvall himself points out), the idea actually goes back at least to Friedrich List's conception of "The National System of Political Economy" (1841), which might just as well have been called "The National System of Innovatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Friedrich List
Georg Friedrich List (6 August 1789 – 30 November 1846) was a German-American economist who developed the "National System" of political economy. He was a forefather of the German historical school of economics, and argued for the German Customs Union from a Nationalist standpoint."Strategies of Economic Order" . Cambridge University Press. 2007. p. 36. Accessed January 27, 2010. He advocated imposing tariffs on imported goods while supporting free trade of domestic goods, and stated the cost of a tariff should be seen as an investment in a nation's future productivity. List was a political liberal who collaborated with |
Oxford University Press
Oxford University Press (OUP) is the university press of the University of Oxford. It is the largest university press in the world, and its printing history dates back to the 1480s. Having been officially granted the legal right to print books by decree in 1586, it is the second oldest university press after Cambridge University Press. It is a department of the University of Oxford and is governed by a group of 15 academics known as the Delegates of the Press, who are appointed by the vice-chancellor of the University of Oxford. The Delegates of the Press are led by the Secretary to the Delegates, who serves as OUP's chief executive and as its major representative on other university bodies. Oxford University Press has had a similar governance structure since the 17th century. The press is located on Walton Street, Oxford, opposite Somerville College, in the inner suburb of Jericho. For the last 500 years, OUP has primarily focused on the publication of pedagogical texts and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Triple Helix Model Of Innovation
The triple helix model of innovation refers to a set of interactions between academia (the university), industry and government, to foster economic and social development, as described in concepts such as the knowledge economy and knowledge society. In innovation helical framework theory, each sector is represented by a circle (helix), with overlapping showing interactions. The initial modelling has advanced from two dimensions to show more complex interactions, for example over time. The framework was first theorized by Henry Etzkowitz and Loet Leydesdorff in the 1990s, with the publication of “The Triple Helix, University-Industry-Government Relations: A laboratory for Knowledge-Based Economic Development”. Interactions between universities, industries and governments have given rise to new intermediary institutions, such as technology transfer offices and science parks, and Etzkowitz and Ledersdorff theorized the relationship between the three sectors and explained the emerge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Technological Innovation System
The technological innovation system is a concept developed within the scientific field of innovation studies which serves to explain the nature and rate of technological change. A Technological Innovation System can be defined as ‘a dynamic network of agents interacting in a specific economic/industrial area under a particular institutional infrastructure and involved in the generation, diffusion, and utilization of technology’. The approach may be applied to at least three levels of analysis: to a technology in the sense of a knowledge field, to a product or an artefact, or to a set of related products and artifacts aimed at satisfying a particular (societal) function’. With respect to the latter, the approach has especially proven itself in explaining why and how sustainable (energy) technologies have developed and diffused into a society, or have failed to do so. Technology improves throughout the years, and so do we. Background The concept of a technological innovation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Startup Ecosystem
A startup ecosystem is formed by people, startups in their various stages and various types of organizations in a location (physical or virtual), interacting as a system to create and scale new startup companies. These organizations can be further divided into categories such as universities, funding organizations, support organizations (like incubators, accelerators, co-working spaces etc.), research organizations, service provider organizations (like legal, financial services etc.) and large corporations. Local Governments and Government organizations such as Commerce / Industry / Economic Development departments also play an important role in startup ecosystem. Different organizations typically focus on specific parts of the ecosystem function and startups at their specific development stage(s). Composition of the startup ecosystem * Ideas, inventions and research i.e. Intellectual property rights (IPR) * Entrepreneurship Education * Startups at various stages * Entrepre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Innovation
Social innovations are new social practices that aim to meet social needs in a better way than the existing solutions,Howaldt, J./ Schwarz, M"Social Innovation: Concepts, research fields and international trends" IMO international monitoring, 2010. resulting from - for example - working conditions, education, community development or health. These ideas are created with the goal of extending and strengthening civil society. Social innovation includes the social ''processes'' of innovation, such as open source methods and techniques and also the innovations which have a social purpose—like activism, virtual volunteering, microcredit, or distance learning. There are many definitions of social innovation, however, they usually include the broad criteria about social objectives, social interaction between actors or actor diversity, social outputs, and innovativeness (The innovation should be at least ”new” to the beneficiaries it targets, but it does not have to be new to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Relational Capital
Relational capital is one of the three primary components of intellectual capital, and is the value inherent in a company's relationships with its customers, vendors, and other important constituencies. It also includes knowledge, capabilities, procedures and systems which are developed from relationships with external agents. Overview Relational capital is defined as all relationships - market relationships, power relationships and cooperation - established between firms, institutions and people, which stem from a strong sense of belonging and a highly developed capacity of cooperation typical of culturally similar people and institutions. Relational dependency may be vertical or horizontal, either up or downstream, shaping different types of cooperative, collaborative or coopetitive mechanisms in different ecosystem. There are major conceptual differences between industrial and regional economists in their views towards relational capital. There have been research studies applying ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quadruple And Quintuple Innovation Helix (Q2IH) Framework
The quadruple and quintuple innovation helix framework describes university-industry-government-public-environment interactions within a knowledge economy. In innovation helix framework theory, first developed by Henry Etzkowitz and Loet Leydesdorff and used in innovation economics and theories of knowledge, such as the knowledge society and the knowledge economy, each sector is represented by a circle (helix), with overlapping showing interactions. The quadruple and quintuple innovation helix framework was co-developed by Elias G. Carayannis and David F.J. Campbell, with the quadruple helix being described in 2009 and the quintuple helix in 2010. Various authors were exploring the concept of a quadruple helix extension to the triple helix model of innovation around the same time. The Carayannis and Campbell quadruple helix model incorporates the public via the concept of a 'media-based democracy', which emphasizes that when the political system (government) is developing innovation p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frugal Innovation
Frugal innovation or frugal engineering is the process of reducing the complexity and cost of a good and its production. Usually this refers to removing nonessential features from a durable good, such as a car or telephone, in order to sell it in developing countries. Designing products for such countries may also call for an increase in durability and, when selling the products, reliance on unconventional distribution channels. When trying to sell to so-called " overlooked consumers", firms hope volume will offset razor-thin profit margins. GlobalizationBhatti,Y. Khilji, S. & Basu, R. 2013. Frugal Innovation. In Globalization, Change and Learning in South Asia. Edited by Khilji, Shaista & Rowley, Chris. UK: Chandos Publishing/ref> and rising incomes in developing countries may also drive frugal innovation. Such services and products need not be of inferior quality but must be provided cheaply. While frugal innovation has been associated with good-enough performance, in some sectors ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entrepreneurial Ecosystem
An entrepreneurial ecosystems or entrepreneurship ecosystems are peculiar systems of interdependent actors and relations directly or indirectly supporting the creation and growth of new ventures. The ecosystem metaphor "Ecosystem" refers to the elements – individuals, organizations or institutions – outside the individual entrepreneur that are conducive to, or inhibitive of, the choice of a person to become an entrepreneur, or the probabilities of his or her success following launch. Organizations and individuals representing these elements are referred to as entrepreneurship stakeholders. Stakeholders are any entity that has an interest, actually or potentially, in there being more entrepreneurship in the region. Entrepreneurship stakeholders may include government, schools, universities, private sector, family businesses, investors, banks, entrepreneurs, social leaders, research centers, military, labor representatives, students, lawyers, cooperatives, communes, multinationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collaborative Innovation Network
Collaborative innovation is a process in which multiple players contribute towards creating new products with customers and suppliers. Collaboration can occur in all aspects of the business cycle, depending on the context: * Procurement and supplier collaboration * Research and development of new products, services and technologies * Marketing, distribution and commercialization Collaborative innovation network (CoIN) is a type of collaborative innovation practice that makes use of the internet platforms such as email, chat, social networks, blogs, and Wikis to promote communication and innovation within self-organizing virtual teams. The difference is that people that collaborate in CoIN are so intrinsically motivated that might not be paid nor get any advantage. Thus, a CoIN is a social construct with a huge potential for innovation. It has been defined by the originator of the term, Peter Gloor from MIT Sloan's Center for Collective Intelligence, as "a cyberteam of self- mot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Standards
British Standards (BS) are the standards produced by the BSI Group which is incorporated under a royal charter and which is formally designated as the Standards organization#National standards bodies, national standards body (NSB) for the UK. The BSI Group produces British Standards under the authority of the charter, which lays down as one of the BSI's objectives to: Formally, as stated in a 2002 memorandum of understanding between the BSI and the United Kingdom Government, British Standards are defined as: Products and services which BSI certifies as having met the requirements of specific standards within designated schemes are awarded the Kitemark. History BSI Group began in 1901 as the ''Engineering Standards Committee'', led by James Mansergh, to standardize the number and type of steel sections, in order to make United Kingdom, British manufacturers more efficient and competitive. Over time the standards developed to cover many aspects of tangible engineering, and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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