From Concept to Policy: Building Regional Innovation Systems in Follower Regions

Alexandre Almeida (), António Figueiredo () and Mário Silva
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Alexandre Almeida: Faculdade de Economia, Universidade do Porto
António Figueiredo: Faculdade de Economia, Universidade do Porto

FEP Working Papers from Universidade do Porto, Faculdade de Economia do Porto

Abstract: In the spirit of “The Lisbon strategy”, public policies are redirecting support from investment-driven policies to knowledge building as the main driver for competitiveness and innovation. This re-orientation poses different challenges to regions and RIS concept may be the central element, simultaneously goal and toolbox, for devising innovation promotion policies. The RIS framework stresses the need to combine a systemic and inclusive view of innovation along with territorially embedded specificities. In this paper we explore how to operationalize the concept of RIS in terms of innovation policy, arguing against a “one size fits all” approach. Concentrating our analysis on follower regions, we bridge the concept of RIS with the structural deficiencies and challenges posing to this kind of regions, for which innovation policy should seek an adequate combination between science push and demand pull perspectives. We also address the importance of taking advantage of the catching-up status, building upon R&D cost-advantages and clustering around external initiatives as well as the correction of important constraints to the construction of a RIS.

Keywords: Innovation; Regional Innovation Systems; Innovation Policy; Follower Regions (search for similar items in EconPapers)
JEL-codes: O14 O18 O31 O33 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2008-11
New Economics Papers: this item is included in nep-cse, nep-geo, nep-ino and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: From Concept to Policy: Building Regional Innovation Systems in Follower Regions (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:por:fepwps:301

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