Create innovation ecosystems: lands of opportunities

DIO219 cmjn+The strength of a regional innovation ecosystem is driven by the combination of effective infrastructures and institutions with the availability of relevant financial, human and knowledge resources.

DIO221 cmjnBeyond the start-up myths, weaknesses such as lack of talent and ambition imply that most new firms emerging in a regional ecosystem will be low-growth and low-tech.

DIO220 cmjn +Untamed free markets often fail to support sustainable innovations. Targeted and effective public interventions are also needed for strong innovation ecosystems to emerge and strive.

Fig_2_23A wide range of private and public innovation support mechanisms should be carefully deployed and leveraged in order to strengthen regional innovation ecosystems and foster the scale-up of entrepreneurial ventures.

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Innovation valleys: regional innovation ecosystems

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When markets fail: targeted and effective public interventions

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The visible hands: innovation support mechanisms

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