Territorial Innovation Systems and Their Influence on Economic Development

Igor Novakovic

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2013, vol. 59, issue 01

Abstract: Spatial innovation systems consist of a network of local participants and the relationship which forms the production system and through which joint forces for learning are created. In networks, economic, social, political and institutional participants possess specific ways of rule organization and a unique culture. Territorial innovation systems increase productivity, direct investments and innovation activities stimulate the development of new business forms and affect the expansion of the existing economic structure.

Keywords: Public; Economics (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:288650

DOI: 10.22004/ag.econ.288650

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