It is a general understanding that the advanced economies are currently undergoing a fundamental transformation into knowledge-based societies. There is a firm belief that this is based on the development of high-tech industries. Correspondingly, in this scenario low-tech sectors appear to be...

Ever since the innovation systems (IS) concept was coined in the late 1980s, it has been accepted as a mechanism of economic and technological development in policy circles. This recognition follows a change in our understanding of the characteristics of the innovation process as a non-linear...