Regions and Innovation Policy

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Regions and Innovation Policy addresses the needs of national and regional governments for greater clarity on how to strengthen the innovation capacity of regions. The first part of the book examines strategies, policies and governance, explaining why regions matter, what makes smart policy mixes, and multilevel governance.  The second part of the book looks at agencies, instruments and country information, showing how agencis can maximize their impact and what policy instruments work. The final chapter provides country-by-country summaries of what countries are doing.



Why regions matter for innovation policy today

OECD member countries identify innovation as the major driver in new models of growth, which aim to increase productivity and raise standards of living. Regions are key actors in this context but their role in innovation is complex. Regions cannot simply replicate national policies. Empirical evidence provided in this chapter shows that: i) regional innovation systems follow varied development paths; ii) heterogeneity can sometimes be more pronounced within countries than between countries; iii) while R&D and patenting are mostly concentrated in key regions in top OECD innovative countries, new regions are emerging as knowledge hubs; iv) regional collaboration and networks are becoming increasingly relevant for innovation; v) firms carry out both technological innovations (new products and processes) and non-technological innovations (such as new business models and organisational methods); and vi) design and creative industries are strongly shaped by regional factors and are vital for regional competitiveness. However, better metrics are needed to account for innovation processes in such industries.


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