Successful Innovation Systems: A Resource-oriented and Regional Perspective for Policy and Practice

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This book places a central question: why are some regions in the world more successful in innovation than others? It aims to increase readers´ understanding of how innovation processes are accelerated or hindered by regional characteristics. A deep dive into differences of innovation ecosystems across global regions will provide a detailed mosaic of strengths and weaknesses. The audience will also learn to assess the resources and elements of regional innovation systems and to compare and contrast structures and processes in innovation management in Africa, Asia, Europe, and the Americas. The speciality of the book lies in its focus on the patterns that are behind the development of many successful innovation regions and it defines the ingredients for right planning and policy development.

Author(s): Ludovit Garzik
Series: Future of Business and Finance
Publisher: Springer
Year: 2021

Language: English
Pages: 362
City: Cham

Foreword
Preface
Acknowledgments
Contents
Abbreviations
List of Figures
List of Tables
Part I: Introducing the Framework
1: Launch Pad
1.1 The Essence
1.2 Diving into the Topic
1.3 Resources in Global Innovation Ecosystems
1.3.1 Flexibility/Availability
1.3.2 Importance/Impact
1.3.3 Discussion and Structure
2: Human Capital
2.1 Human Capital as the Foundation of Innovation
2.2 Education and Skills
2.3 Beliefs and Mindset
2.4 Tolerance
2.5 Migration and International Connectivity
2.5.1 Immigration and Emigration
2.5.2 International Connectivity
2.6 Quality of Life
2.7 Soil for the Seed: Ideas Born in Rebelling Intellectuals
3: Finance Capital, Market, and Policy
3.1 Finance Capital
3.1.1 Risk Capital
3.1.2 Bank Loans
3.2 Market and Demand
3.3 Policy and Regulation
3.3.1 Policy and Strategy
3.3.2 Regulation and Its Advisers
3.3.3 Legal Advisers
4: Infrastructure and Institutions
4.1 Physical Infrastructure
4.1.1 Infrastructure for Research
4.1.2 Infrastructure for Living and Working: And the Third Space
4.1.3 Infrastructure for Mobility
4.2 Nonphysical Infrastructure
4.2.1 Social Infrastructure: Community, Network, Teams, and Media
4.2.2 Digital Infrastructure
4.2.3 Intangible Infrastructure
4.3 Institutions
4.3.1 Landscape of Institutions
4.3.2 Governance and Lead Printing
4.3.3 Public Administration Far Away
5: Management of Resources and Lessons Learned
5.1 Ecodynamics: Development Levels of Innovation Regions
5.1.1 Snooze
5.1.2 Wake-Up
5.1.3 Warm-Up
5.1.4 Run
5.1.5 Aging
5.1.6 Momentary Dynamics
5.2 The Power of Priorities: Investing in Resources
5.2.1 Flexibility
5.2.2 Importance
5.2.3 Combination of Flexibility and Importance
5.3 Outlook
5.4 Lessons Learned: Executive Citations
5.4.1 Executive Citations
Part II: Learning from Successful Innovation Regions
6: Bangalore Innovation System
6.1 Why Bangalore as an Innovation Ecosystem?
6.2 Why India for Startups
6.3 How Did Bangalore Become an Innovation Hot Spot?
6.4 What Is the Cultural Pattern of the Bangalore Ecosystem?
6.5 Facts and Figures Bangalore Innovation System
6.6 SWOT Analysis of the Bangalore Innovation Ecosystem
6.7 Strategy and Implementation
7: Berlin Innovation System
7.1 Berlin Innovation System Overview
7.2 Innovation Policy of the Berlin State Government
7.3 SWOT Analysis of the Berlin Innovation Ecosystem
7.4 Input Indicators: Strong but Driven by Public Funding
7.4.1 Publicly Funded Research and Educational Institutions: A Big Asset
7.4.2 Universities: Attractive for German and Foreign Students
7.4.3 RandD Activities: Driven by Publicly Funded Institutions
7.5 Output Indicators
7.6 Startups: The Strong Pillar of the Berlin Innovation Ecosystem
7.7 The Future of the Startup Metropolis Berlin
8: Medellín Innovation System
8.1 Medellín as the Most Innovative City in the World
8.2 Facts and Figures of the Innovation Ecosystem in Medellín
8.2.1 Investment in Science, Technology and Innovation (STI) Activities
8.2.2 Investment in Research and Development Activities (RandD)
8.3 Institutional Actors in the Medellín Innovation System
8.3.1 Main Institutions of the Financial System
8.4 SWOT Analysis Medellín
8.5 Strategy and Implementation in Medellín´s Innovation System
8.6 Lessons Learned from Medellín´s Innovation System
9: Moscow Innovation System
9.1 Introduction to the Moscow Innovation System
9.2 Cultural Characteristics of the Moscow Innovation System
9.3 Facts and Figures in the Moscow Innovation System
9.4 Institutional Players in the Moscow Innovation System
9.5 SWOT Analysis of the Moscow Innovation System
9.6 Strategy and Implementation
9.7 Lessons Learned from the Moscow Innovation System
10: Nairobi Innovation System
10.1 Development Milestones of the Nairobi Innovation Ecosystem
10.2 Culture and Mindset of Ecosystem Players
10.3 Facts and Figures in the Regional Economy
10.4 Institutional Players in the Nairobi Ecosystem
10.5 SWOT Analysis of the Nairobi Innovation Ecosystem
10.6 Strategy and Goals for Midterm Future Development?
10.7 Lessons Learned and Tools for Other Regions
11: New York Innovation System
11.1 Overview and Characteristics of the New York Ecosystem
11.2 Facts and Figures New York Innovation Ecosystem
11.2.1 The Data
11.2.2 Innovation Ecosystem Operators
11.2.3 Other Programs
11.2.4 Supportive Infrastructure
11.3 SWOT Analysis New York City
11.4 Economic and Political Strategy
11.4.1 Impact of the COVID-19 Pandemic
11.4.2 Strategies and Policies
11.5 Lessons Learned
12: Shanghai Innovation System
12.1 Shanghai and Its Yangpu District
12.2 Facts and Figures in the Shanghai/Yangpu Innovation System
12.2.1 Yangpu District Location and Its Institutions
12.2.2 Yangpu and Its Neighboring Districts
12.2.3 Institutional Players in ``Knowledge Yangpu´´ Area
12.2.4 Countermeasure 1: Innovation Source
12.2.5 Countermeasure 2: Innovation Direction
12.2.6 Countermeasure 3: Innovation Diffusion
12.2.7 Countermeasure 4: Innovation Atmosphere
12.3 SWOT Analysis Shanghai/Yangpu Region
12.4 Strategy and Implementation in Shanghai/Yangpu Region
12.4.1 Knowledge Yangpu Strategy
12.4.2 Implementation of the Knowledge Yangpu Strategy
12.5 Conclusions and Lessons Learned
13: Shenzhen Innovation System
13.1 Shenzhen and Its Historic Development
13.2 Cultural Characteristics in the Shenzhen Innovation System
13.3 Institutional Players in Shenzhen
13.4 Shenzhen Innovation System SWOT Analysis
13.4.1 Strengths
13.4.2 Weaknesses
13.4.3 Opportunities
13.4.4 Threats
13.5 Shenzhen Innovation System Strategy and Implementation
13.5.1 Market-Oriented Allocation of Factors
13.6 Lessons Learned from Shenzhen Innovation System
14: Silicon Valley Innovation System
14.1 Facts and Figures Silicon Valley
14.2 Silicon Valley Innovation Ecosystem Actors
14.3 Silicon Valley SWOT Analysis
14.4 Lessons Learned
15: Sofia Innovation System
15.1 Introduction to the Regional Innovation System Sofia
15.2 Innovation Inputs and Outputs in Sofia Innovation System
15.2.1 Institutions and the General Political Environment
15.2.2 Sofia Tech Park and Its Impact
15.2.3 Predictable Macroenvironment
15.2.4 Business-Friendly Tax Regime
15.3 Human Capital and Research
15.3.1 Leading Talent Pool
15.3.2 Scarcity of IT Specialists
15.4 Infrastructure in the Sofia Innovation System
15.5 Market Sophistication
15.5.1 High Integration in the EU and the World Economy
15.5.2 Growing Digital Maturity
15.5.3 Path Dependency from Communism
15.6 Culture
15.6.1 Diaspora and Returnees as Drivers of Cultural Change
15.7 Venture Capital
15.8 Business Sophistication
15.8.1 Early Adoption of Artificial Intelligence (AI)
15.8.2 A Hub for Brain Business Jobs
15.8.3 Negative Country-of-Origin Effect and Unsophisticated Local Buyers
15.9 Outcomes of Innovation Activity
15.9.1 Patents
15.9.2 Research
15.9.3 RandD Spending and Institutional Arrangement
15.9.4 Startups and Innovation-Driven Entrepreneurial Ventures
15.10 SWOT Analysis Sofia Innovation System
15.11 Lessons Learned from Sofia Innovation System
16: Tel Aviv Innovation System
16.1 History and Status Quo of the Tel Aviv Innovation Ecosystem
16.1.1 Historic Development
16.2 Facts and Figures in the Tel Aviv Innovation Ecosystem
16.2.1 Research and Education
16.2.2 Influencing Institutions
16.3 Tel Aviv SWOT Analysis Highlights
16.4 Strategy and Implementation in the Tel Aviv Ecosystem
16.4.1 Local-Level Strategy
16.4.2 National-Level Strategy
16.5 SWOT Table of the Tel Aviv Innovation Ecosystem
16.6 Lessons Learned from the Tel Aviv Innovation Ecosystem
17: Zurich Innovation System
17.1 Zurich Innovation Ecosystem Introduction
17.2 Zurich Facts and Figures
17.2.1 Input Indicators: Innovation Efforts in the Economy
17.2.2 Output Indicators: Innovation Success in the Economy
17.3 Zurich SWOT Analysis
17.4 Zurich Strategy and Implementation
17.5 Zurich Conclusions and Lessons Learned
17.5.1 Key Factors for the Regional Innovation Ecosystem