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Block 2, Sessions 1 & 2 - Context & The Global Trade Environment

- - - - Territorially embedded regional innovation systems - where firms (primarily those employing synthetic knowledge) base their innovation activity mainly on localized learning processes stimulated by geographical, social and cultural proximity, without much direct interaction with knowledge organization
      - Regionally networked innovation system - still embedded in a specific region and characterized by localized, interactive learning. However, policy interventions lend these systems a more planned character through the intentional strengthening of the region's institutional infrastructure—for example, through a stronger, more developed role for regionally based R&D institutes, vocational training organizations, and other local organizations involved in firms' innovation processes
      - All parts and aspects of the economic structure and the institutional set-up affecting learning as well as searching and exploring” (Lundvall 1992: 12).
      - The regionalized national innovation system - differs from the two preceding types in several ways. First, parts of industry and the institutional infrastructure are more functionally integrated into national or international innovation systems. Second, the collaboration between organizations within this type of RIS conforms more closely to the linear model, as the cooperation primarily involves specific projects to develop more radical innovations based on formal analytical
      - Relationship Between Regional and National Innovation Systems
        
        IRIS - draws primarily from synthetic knowledge bases
        
        NEIS - entrepreneurial regional innovation system
        
        Coordinated vs Liberal market economies
        
        Flexible, dynamic, venture capital driven vs stable, systemic, sustainable