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Strong dynamics of innovation generation in regions are crucial for achieving national and regional growth objectives. Policy recommendations are therefore being sought by national science and technology ministries and regional development policy ministries, as well as by policy makers in the regions themselves.
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Innovation-driven growth is a major objective of the post-crisis recovery. Policy makers increasingly recognise the role that regions play in cultivating, attracting and retaining innovative people and firms. Indeed, it is cities and regions that are competing with each other in the global economy. Many regions are located along international borders, and thus working with cross-border neighbours may offer innovation-driven growth opportunities.
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Innovation is a core growth driver in knowledge-based economies, and a subject for wide-ranging policy efforts, as noted in the OECD Innovation Strategy (OECD, 2010a). National growth depends on the growth of all its regions and their innovation performance (OECD, 2012). At the supra-national level, the European Union has placed innovation at the heart of its Europe 2020 growth strategy, specifying a key role for regions. International development banks are also paying increasing attention to the role of regions in achieving national innovation goals.
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