Regional innovation systems(RIS) and innovative activity are now recognized as having important roles to play in regional economic development policy. The goal of this study was to expand our understanding of the crucial determinants of innovation systems and how to build innovation systems in “less developed” regions. The research identified the existence and importance of sources of innovation, knowledge spillovers, and regional spillovers as the principal characteristics of RIS in the U.S. South. It also examined the differential effects of the local characteristics of RIS on innovative activity in less developed counties.
A knowledge production function approach was used to estimate the determinants of innovative activity in less developed counties, and a zero inflated negative binomial model was estimated to capture the role of the local characteristics of RIS on the existence and volume of innovative activity at the county level. (The rest omitted)
Constructing innovation systems in less developed regions
Korea Institute for Industrial Economics and Trade
|Series Title; No||KIET Occasional Paper / 67|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Science/Technology
Government and Law < Public Administration