Leading R&D Investors for the Dynamics of Innovation Ecosystems

Mafini Dosso, Fernando Hervas (fernando.hervas@ec.europa.eu) and Antonio Vezzani (antonio.vezzani@uniroma3.it)
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Fernando Hervas: European Commission – JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC97270, JRC Research Reports from Joint Research Centre

Abstract: This Policy brief discusses the key role of large R&D investors in the dynamics of innovation ecosystems. In a context of accelerated technological change and increasing global competition, firms should develop complex innovative solutions requiring the interaction of multiple-players. Therefore, knowledge integration becomes a key strategic dimension to keep the edge in the global competition and ecosystems of innovation are privileged ‘places’ where it can be organised in a way that ensures the creation of a higher collective value. Evidence shows that leading R&D investors can play a pivotal role in the establishment and development of such ecosystems, by bringing the necessary assets (resources, knowledge, capabilities and leadership) to activate their dynamics (along the three dimensions of interdependence, integration and initiative). This brief identifies a number of policy interventions to support the functioning of such innovation ecosystems and calls to tailor the interventions in accordance to the stage of development of the given ecosystem.

Keywords: ecosystem of innovation; corporate R&D; knowledge integration (search for similar items in EconPapers)
Pages: 8 pages
Date: 2015-08
New Economics Papers: this item is included in nep-cse, nep-ind, nep-ino, nep-ppm, nep-sbm and nep-tid
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Citations: View citations in EconPapers (3)

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