In his recent discussion of regional innovation systems (RIS), Philip Cooke outlines the two starkly different … interpretations of regional innovation systems. (Regional Innovation Systems, Asymmetric Knowledge and the Legacies of Learning, Draft … 2007). He notes in his review, "Clearly, there are two kinds of regional innovation occurring in these examples. The first …

economic vitality caused by investments in domestic technology innovation in the formerly integrated national economy, national … innovation Along with the new innovation park infrastructure, the most important job creation strategy that the EDA could … implement is creating the new capital market infrastructure that targets investments to regional innovation opportunities. This …

innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship …, primarily in metro regional economies. In this column, the organization discusses the definition of innovation economics with …. The authors' reference the topic of innovation economics covered in a Business Week article, published earlier this fall …

innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further …

' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active … venture capitalists increases the incentives for entrepreneurial innovations. -- venture capitalists ; innovation …

We study the interaction between supply- and demand-side factors and its effect on innovation. Employing a quasi …-natural experiment, we show that a shift in demand has an impact on innovation and this effect is conditional on an enabling supply … medical devices. Using a triple-difference approach, we find that innovation is significantly greater for medical device firms …

' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …

. However, the best strategy for innovative entrepreneurs might be to make an early entry to signal innovation quality and …Most OECD-countries provide financial subsidy programs to stimulate the entry and growth of small entrepreneurial firms …