Open Innovation, Product Development, and Inter-Company Relationships Within Regional Knowledge Clusters

Open Innovation, Product Development, and Inter-Company Relationships Within Regional Knowledge... This paper deals with the broad concepts of innovation, inter-company relationship models, and regional knowledge systems as the focus of a scholarly enquiry into product development analysis. As research advances, it brings together the experience and theoretical interests of different social and economic environments. It is now necessary to identify an integrating framework that can clarify the state-of-the-art in the field and extend the boundaries of what is already a significant volume of literature. The authors have tried to describe the emerging phenomenon of close networks of cooperation at regional level that inspire and promote innovation. They are also concerned with the apparent paradox between, on the one side, the increasing openness of knowledge economies which seems to dissolve borders and, on the other, the new importance of place, particularly agglomerations. A useful background to the relevant issues is provided by helpful studies on the competitive advantages of spatial clustering, which minimizes distance-related transaction costs and maximizes flows of tacit knowledge and interactive learning effects. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of the Knowledge Economy Springer Journals

Open Innovation, Product Development, and Inter-Company Relationships Within Regional Knowledge Clusters

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Publisher
Springer Journals
Copyright
Copyright © 2016 by Springer Science+Business Media New York
Subject
Economics; Political Economy/Economic Policy; R & D/Technology Policy; Entrepreneurship
ISSN
1868-7865
eISSN
1868-7873
D.O.I.
10.1007/s13132-016-0356-x
Publisher site
See Article on Publisher Site

Abstract

This paper deals with the broad concepts of innovation, inter-company relationship models, and regional knowledge systems as the focus of a scholarly enquiry into product development analysis. As research advances, it brings together the experience and theoretical interests of different social and economic environments. It is now necessary to identify an integrating framework that can clarify the state-of-the-art in the field and extend the boundaries of what is already a significant volume of literature. The authors have tried to describe the emerging phenomenon of close networks of cooperation at regional level that inspire and promote innovation. They are also concerned with the apparent paradox between, on the one side, the increasing openness of knowledge economies which seems to dissolve borders and, on the other, the new importance of place, particularly agglomerations. A useful background to the relevant issues is provided by helpful studies on the competitive advantages of spatial clustering, which minimizes distance-related transaction costs and maximizes flows of tacit knowledge and interactive learning effects.

Journal

Journal of the Knowledge EconomySpringer Journals

Published: Feb 2, 2016

References

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