Local innovation system

A local innovation system is a spatial concentration of firms (including specialized suppliers of equipment and services and customers) and associated non-market institutions (universities, research institutes, training institutions, standard-setting bodies, local trade associations, regulatory agencies, technology transfer agencies, business associations, relevant government agencies and departments, et al.) that combine to create new products and/or services in specific lines of business.

See also

This article is issued from Wikipedia - version of the 7/26/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.