Transformation of regional innovation policies: from ‘traditional’ to ‘next generation’ models of incubation

Mika Kautonen, Rhiannon Pugh and Mika Raunio

European Planning Studies, 2017, vol. 25, issue 4, 620-637

Abstract: This paper explores a widely employed instrument of regional innovation policy: the innovation incubator. It proposes that incubation approaches are moving away from a ‘traditional’ approach strongly premised on physical infrastructure and high-technology, to a more interactive, participatory and social mode of innovation, in line with broader developments in innovation policy and theory. To practically illustrate this shift, we take two cases: a ‘traditional’ style of incubation in Wales, UK, and a ‘next generation’ incubation programme in Finland. This paper reflects on incubators as a mode of regional innovation policy, both past developments and future trends, to ensure that new policies and programmes learn from best (and indeed, worst) practice and build on, rather than replicate, past approaches.

Date: 2017
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Citations: View citations in EconPapers (5)

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DOI: 10.1080/09654313.2017.1281228

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