New business models for public innovation intermediaries supporting emerging innovation systems: The case of the Internet of Things

Federica Rossi, Annalisa Caloffi (), Ana Colovic and Margherita Russo ()

Technological Forecasting and Social Change, 2022, vol. 175, issue C

Abstract: In several countries, governments have assigned to public innovation intermediaries (PIIs) the mandate to support the digital transition, by facilitating the development and adoption of new digital technologies on the part of firms and other organisations. This new mandate requires PIIs to upgrade their business models, moving beyond their traditional involvement in firms’ technology upgrading and university-industry knowledge transfer, toward supporting the creation of new innovation systems around the emerging digital technologies. To understand how PIIs are reconfiguring their business models to support the digital transition, we study four cases of PIIs operating in the United Kingdom and France, whose mandates include providing support for firms and other organisations in the implementation of new digital technologies, focusing in particular on the Internet of Things (IoT). We show that, despite their differences, all four PIIs have substantially reconfigured their business models in similar ways in order to fulfil these mandates. Both the formal legitimacy arising from their policy mandate, and the knowledge resources and informal legitimacy they have developed, have played a decisive role in their ability to orchestrate the development of innovation systems around IoT.

Keywords: Public innovation intermediaries; Digital transition; Internet of Things; Business models; Technology paradigm (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162521007885
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:175:y:2022:i:c:s0040162521007885

DOI: 10.1016/j.techfore.2021.121357

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().