Difference between revisions of "What are the global innovation networks currently in action and certain policy implication related to them"

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* Universities and public research organisations increasingly play a
* Universities and public research organisations increasingly play a significant role in the open innovation strategies of firms both as a source of basic knowledge and as potential partners. Support for basic research must therefore continue. Given the scarcity of public resources and competition to attract R&D-related foreign direct investment (FDI), countries must balance their research efforts and investments in specific fields with the need to be open and develop sufficient absorptive capacity in a range of fields. <br>
significant role in the open innovation strategies of firms both as a source of
* World-class clusters and networks remain important but integration across fields and borders may require different interfaces and competencies. The potential for innovation depends on how well knowledge flows and how well the system is connected: policies to foster or enable the development of world-class clusters and networks.<br>
basic knowledge and as potential partners. Support for basic research must
* Sharing intellectual property may require different kinds of management tools in firms and public research organisations. Companies participating in national R&D programmes may need to share IP with foreign subsidiaries/partners or seek to commercialise it in foreign markets, but may be constrained by national regulations.<br>
therefore continue. Given the scarcity of public resources and competition
 
to attract R&D-related foreign direct investment (FDI), countries must
* Open innovation stresses the broad characteristics of innovation. Much public support for innovation still focuses on R&D and technological
balance their research efforts and investments in specific fields with the
innovation and less on non-technological innovation or other forms of user-driven innovation. While open innovation involves service firms,
need to be open and develop sufficient absorptive capacity in a range of
much public support for innovation still targets manufacturing firms. Policy attention focuses more on the supply side of innovation and less on building market demand for innovation (e.g. through public procurement).<br>
fields. <br>
* National R&D programmes need to be more open while ensuring benefits via reciprocity and cost-sharing agreements. Also arising from open
* World-class clusters and networks remain important but integration across
fields and borders may require different interfaces and competencies. The
potential for innovation depends on how well knowledge flows and how
well the system is connected: policies to foster or enable the development
of world-class clusters and networks.<br>
* Sharing intellectual property may require different kinds of management
tools in firms and public research organisations. Companies participating in
national R&D programmes may need to share IP with foreign subsidiaries/
partners or seek to commercialise it in foreign markets, but may be
constrained by national regulations.<br>
* Investing in people and fostering cross-functionality and mobility and a
 
must be able to work in networks and across borders, sectors and at the
interface of converging technologies. It also requires openness to a
geographically mobile workforce.<br>
* Open innovation stresses the broad characteristics of innovation. Much
public support for innovation still focuses on R&D and technological
innovation and less on non-technological innovation or other forms of
user-driven innovation. While open innovation involves service firms,
much public support for innovation still targets manufacturing firms.
Policy attention focuses more on the supply side of innovation and less on
building market demand for innovation (e.g. through public procurement).<br>
* National R&D programmes need to be more open while ensuring benefits
via reciprocity and cost-sharing agreements. Also arising from open
innovation is the question of capturing national benefits from cross-border spillovers of the ecosystems of innovative firms. Potential national benefits must be communicated and demonstrated to public stakeholders.
innovation is the question of capturing national benefits from cross-border spillovers of the ecosystems of innovative firms. Potential national benefits must be communicated and demonstrated to public stakeholders.


[[Future of Innovation Main Page]]
[[Future of Innovation Main Page]]

Revision as of 12:22, 13 September 2010