Local innovation system
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A local innovation system is a spatial concentration of firms (including specialized suppliers of equipment and services and customers) and associated non-market institutions (universities, research institutes, training institutions, standard-setting bodies, local trade associations, regulatory agencies, technology transfer agencies, business associations, relevant government agencies and departments, et al.) that combine to create new products and/or services in specific lines of business.[1]
The idea of a local innovation system, is an adaptation from the concepts of national innovation system (original concept) and regional innovation system.
See also[]
References[]
- ^ Rantisi, Norma M. (1 August 2002). "The Local Innovation System as a Source of 'Variety': Openness and Adaptability in New York City's Garment District". Regional Studies. 36 (6): 587–602. doi:10.1080/00343400220146740.
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