This book introduces the fundamental principles of understanding, diagnosing and improving innovation systems. The book is not about innovation within a business as such, but is about the innovation system around firms, within regions or between industry sectors. The technological progress of a society or a specific industry is very dependent on knowledge and learning. The fact that economies grow through a process of specialisation is an old idea. What many people fail to grasp is that this knowledge intensity is directly related to the emergence of a whole range of knowledge providers, knowledge carriers and knowledge-intensive business services. Education, research institutions, private skills provision and relevant public institutions all influence the knowledge that is available to a society. This means that traditional extension services are no longer sufficient; a whole range of knowledge channels must be developed to support the technological evolution of a given economic system.
Author: Dr Shawn Cunningham