Regional Innovation Clusters: A Critical Review

Junbo Yu () and Randall Jackson ()
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Junbo Yu: Regional Research Institute, West Virginia University

Working Papers from Regional Research Institute, West Virginia University

Abstract: This paper begins by investigating the Obama administration’s rationale of promoting regional innovation clusters (RICs) in the context of increasing public concerns on the Strategy for American Innovation. Next, the connections between RICs and existing research and policies in clusters, innovation and regional economic development are identified and analyzed to highlight those most critical challenges in conceptualizing and theorizing RICs. While we applaud the long overdue focus of economic development policies on subnational regions we identify several major difficulties associated with the development of empirics for promoting RICs and informing policymakers with practitioner-accessible tools and metrics before concluding.

Keywords: economic development; policy; regional innovation clusters; regional development (search for similar items in EconPapers)
JEL-codes: O2 Q32 Q55 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2010-10
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Journal Article: Regional Innovation Clusters: A Critical Review (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:rri:wpaper:2010rp14

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