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Markus Grillitsch

Senior Lecturer

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Innovation Policies and New Regional Growth Paths : A Place-Based System Failure Framework

Author

  • Markus Grillitsch
  • Michaela Trippl

Editor

  • Jorge Niosi

Summary, in English

Fundamental and enduring changes brought about by recurrent economic and financial crises, the digital revolution and ongoing globalisation processes of production and innovation activities are posing major challenges for regional and national economies to renew their industrial structures and develop innovations that break existing development trajectories. This calls for new innovation policy approaches that are well equipped to support transformation processes towards new industrial growth paths. This chapter aims to provide the conceptual underpinnings for such a reorientation of innovation policy. We take an innovation system (IS) perspective and develop a comprehensive place-based system failure framework for an innovation policy design that is suitable to promote structural change in different region-specific contexts.

Department/s

  • CIRCLE
  • Centre for Innovation, Research and Competence in the Learning Economy

Publishing year

2018

Language

English

Pages

329-358

Publication/Series

Innovation Policy, Systems and Management

Document type

Book chapter

Publisher

Cambridge University Press

Topic

  • Social and Economic Geography

Keywords

  • regional innovation policy
  • place-based system failures
  • regional structural change
  • new regional industrial path development

Status

Published

ISBN/ISSN/Other

  • ISBN: 9781108529525
  • ISBN: 9781108423830