IDEAS home Printed from https://ideas.repec.org/a/sae/loceco/v32y2017i8p854-866.html
   My bibliography  Save this article

Inducing phase transitions in local innovation networks: Implications for state economic development

Author

Listed:
  • Karl A Koehler

Abstract

States can undertake innovation system network-focused actions to enhance their entrepreneurial networks. Actions directed primarily at creating transitions in their innovation network structure include: identifying the components and connectivity of the innovation network (persons, entities, businesses, etc.) and communicating with the network; establishing intermediary organizations (academies, roundtables, councils, etc.); establishing interfacial organizations to enhance information diffusion; and creating and supporting an Informatics HUB to facilitate network functions. Actions to enhance information access and communications within the innovation network include: ensuring local access to global information; supporting personal and business interactions within and outside of the local innovation system; supporting creation and maintenance of missing databases; supporting recruitment of talent in gap areas; and utilizing knowledge analytics to identify local overlaps with the global knowledge base. These are relatively inexpensive, but nonetheless challenging, alternatives to firm-level direct payments or incentives typically used by local governments. This Perspective briefly sketches the rationale behind these and related recommendations.

Suggested Citation

  • Karl A Koehler, 2017. "Inducing phase transitions in local innovation networks: Implications for state economic development," Local Economy, London South Bank University, vol. 32(8), pages 854-866, December.
    • Handle: RePEc:sae:loceco:v:32:y:2017:i:8:p:854-866
    DOI: 10.1177/0269094217739370
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0269094217739370
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0269094217739370?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. H. Peyton Young, 2015. "The Evolution of Social Norms," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 359-387, August.
    2. Audretsch, David B., 2015. "Everything in Its Place: Entrepreneurship and the Strategic Management of Cities, Regions, and States," OUP Catalogue, Oxford University Press, number 9780199351251.
    3. David Audretsch & Albert Link, 2012. "Valuing an entrepreneurial enterprise," Small Business Economics, Springer, vol. 38(2), pages 139-145, February.
    4. Dan Andrews & Chiara Criscuolo & Peter N. Gal, 2015. "Frontier Firms, Technology Diffusion and Public Policy: Micro Evidence from OECD Countries," OECD Productivity Working Papers 2, OECD Publishing.
    5. Phillip H. Kim & Karl Wennberg & Grégoire Croidieu, 2016. "Untapped Riches of Meso-Level Applications in Multilevel Entrepreneurship Mechanisms," Post-Print hal-02312380, HAL.
    6. Leyden, Dennis Patrick & Link, Albert N., 2015. "Public Sector Entrepreneurship: U.S. Technology and Innovation Policy," OUP Catalogue, Oxford University Press, number 9780199313853.
    7. Phillip H. Kim & Karl Wennberg & Gregoire Croidieu, 2016. "Untapped Riches of Meso-Level Applications in Multilevel Entrepreneurship Mechanisms," Post-Print hal-02276717, HAL.
    8. Yael V. Hochberg & Alexander Ljungqvist & Yang Lu, 2010. "Networking as a Barrier to Entry and the Competitive Supply of Venture Capital," Journal of Finance, American Finance Association, vol. 65(3), pages 829-859, June.
    9. Casper, Steven, 2007. "How do technology clusters emerge and become sustainable?: Social network formation and inter-firm mobility within the San Diego biotechnology cluster," Research Policy, Elsevier, vol. 36(4), pages 438-455, May.
    10. Yael V. Hochberg, 2016. "Accelerating Entrepreneurs and Ecosystems: The Seed Accelerator Model," Innovation Policy and the Economy, University of Chicago Press, vol. 16(1), pages 25-51.
    11. Feller, Irwin & Ailes, Catherine P. & Roessner, J. David, 2002. "Impacts of research universities on technological innovation in industry: evidence from engineering research centers," Research Policy, Elsevier, vol. 31(3), pages 457-474, March.
    12. Scott E. Page, 2007. "Prologue to The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies," Introductory Chapters, in: The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies, Princeton University Press.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daniel L. Bennett, 2021. "Local economic freedom and creative destruction in America," Small Business Economics, Springer, vol. 56(1), pages 333-353, January.
    2. David B. Audretsch & Maksim Belitski & Rosa Caiazza & Farzana Chowdhury & Matthias Menter, 2023. "Entrepreneurial growth, value creation and new technologies," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1535-1551, October.
    3. Bat Batjargal & Sarah Jack & Tomasz Mickiewicz & Erik Stam & Wouter Stam & Karl Wennberg, 2023. "Crises, Covid-19, and Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 47(3), pages 651-661, May.
    4. Boudreaux, Christopher, 2019. "Do private enterprises outperform state enterprises in an emerging market? The importance of institutional context in entrepreneurship," MPRA Paper 93039, University Library of Munich, Germany.
    5. Christopher Boudreaux, 2019. "When does privatization spur entrepreneurial performance? The moderating effect of institutional quality in an emerging market," Papers 1901.03356, arXiv.org.
    6. Yang Liu & Weiqi Dai & Mingqing Liao & Jiang Wei, 2021. "Social Status and Corporate Social Responsibility: Evidence from Chinese Privately Owned Firms," Journal of Business Ethics, Springer, vol. 169(4), pages 651-672, April.
    7. Burnell, Devin & Neubert, Emily & Fisher, Greg & Marvel, Matthew R. & Stevenson, Regan & Kuratko, Donald F., 2024. "Entrepreneurial hustle: Scale development and validation," Journal of Business Venturing, Elsevier, vol. 39(4).
    8. Boudreaux, Christopher & Caudill, Steven, 2019. "Entrepreneurship, Institutions, and Economic Growth: Does the Level of Development Matter?," MPRA Paper 94244, University Library of Munich, Germany.
    9. Lucas, David & Boudreaux, Christopher, 2018. "Federal Regulation, Job Creation, and the Moderating Effect of State Economic Freedom," MPRA Paper 92593, University Library of Munich, Germany.
    10. Fredström, Ashkan & Peltonen, Juhana & Wincent, Joakim, 2021. "A country-level institutional perspective on entrepreneurship productivity: The effects of informal economy and regulation," Journal of Business Venturing, Elsevier, vol. 36(5).
    11. Liu, Yipeng, 2020. "The micro-foundations of global business incubation: Stakeholder engagement and strategic entrepreneurial partnerships," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    12. Fei Qin & Tomasz Mickiewicz & Saul Estrin, 2022. "Homophily and peer influence in early-stage new venture informal investment," Small Business Economics, Springer, vol. 59(1), pages 93-116, June.
    13. María J. Angulo-Guerrero & Elena Bárcena-Martín & Samuel Medina-Claros & Salvador Pérez-Moreno, 2024. "Labor market regulation and gendered entrepreneurship: a cross-national perspective," Small Business Economics, Springer, vol. 62(2), pages 687-706, February.
    14. Khaled Saleh Al Omoush & Raed M. Al-Qirem & Zaid M. Al Hawatmah, 2018. "The degree of e-business entrepreneurship and long-term sustainability: an institutional perspective," Information Systems and e-Business Management, Springer, vol. 16(1), pages 29-56, February.
    15. McAdam, Maura & Crowley, Caren & Harrison, Richard T., 2019. "“To boldly go where no [man] has gone before” - Institutional voids and the development of women's digital entrepreneurship11The title is taken from the original titles voice-over for the TV series St," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 912-922.
    16. Sunny Li Sun & Weilei (Stone) Shi & David Ahlstrom & Li (Rachel) Tian, 2020. "Understanding institutions and entrepreneurship: The microfoundations lens and emerging economies," Asia Pacific Journal of Management, Springer, vol. 37(4), pages 957-979, December.
    17. Sorgner, Alina & Wyrwich, Michael, 2022. "Calling Baumol: What telephones can tell us about the allocation of entrepreneurial talent in the face of radical institutional changes," Journal of Business Venturing, Elsevier, vol. 37(5).
    18. Hunt, Richard A. & Lerner, Daniel A. & Ortiz-Hunt, Avery, 2022. "Lassie shrugged: The premise and importance of considering non-human entrepreneurial action," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    19. Sabinne Lee & Kwangho Jung, 2018. "The Role of Community-led Governance in Innovation Diffusion: The Case of RFID Waste Pricing System in the Republic of Korea," Sustainability, MDPI, vol. 10(9), pages 1-23, September.
    20. Dedehayir, Ozgur & Mäkinen, Saku J. & Ortt, J. Roland, 2022. "Innovation ecosystems as structures: Actor roles, timing of their entrance, and interactions," Technological Forecasting and Social Change, Elsevier, vol. 183(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:loceco:v:32:y:2017:i:8:p:854-866. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.lsbu.ac.uk/index.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.