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Regional innovation systems in Asian countries: A new way of exploiting the benefits of transnational corporations

Asheim, Björn LU and Vang-Lauridsen, Jan LU (2006) In Innovation: Management, Policy & Practice 8(1-2). p.27-44
Abstract
This paper argues for the importance of using the regional innovation systems (RIS) approach as both an analytical framework and a policy tool for generating economic development in developing countries. The paper reconceptualizes the RIS-model to the context of developing countries. RIS is normally based on endogenous growth models; however, in this paper we extend it to rely on external capital, transnational knowledge sources and transnational corporations (TNCs). In particular we stress -



the importance of developing firm and regional absorptive capacity;

the importance of embedding TNCs in the region; and

regional policies for attaining these goals.

These factors, we argue, are... (More)
This paper argues for the importance of using the regional innovation systems (RIS) approach as both an analytical framework and a policy tool for generating economic development in developing countries. The paper reconceptualizes the RIS-model to the context of developing countries. RIS is normally based on endogenous growth models; however, in this paper we extend it to rely on external capital, transnational knowledge sources and transnational corporations (TNCs). In particular we stress -



the importance of developing firm and regional absorptive capacity;

the importance of embedding TNCs in the region; and

regional policies for attaining these goals.

These factors, we argue, are important for achieving sustainable economic development, building on exogenous sources of capital and knowledge. Finally, we illustrate the relevance of RIS for analyzing as well as formulating regional development policies by referring to two of Asia's most significant cases: Shanghai's (China) and Bangalore's (India) regional innovation systems. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
absorptive capacity, embeddedness, regional development, Regional Innovation System, social capital
in
Innovation: Management, Policy & Practice
volume
8
issue
1-2
pages
27 - 44
publisher
eContent Management
ISSN
1447-9338
language
English
LU publication?
yes
id
c366a244-f685-4753-b8aa-d4c0a33ab734 (old id 617562)
date added to LUP
2007-12-10 12:00:14
date last changed
2016-04-16 06:11:59
@article{c366a244-f685-4753-b8aa-d4c0a33ab734,
  abstract     = {This paper argues for the importance of using the regional innovation systems (RIS) approach as both an analytical framework and a policy tool for generating economic development in developing countries. The paper reconceptualizes the RIS-model to the context of developing countries. RIS is normally based on endogenous growth models; however, in this paper we extend it to rely on external capital, transnational knowledge sources and transnational corporations (TNCs). In particular we stress -<br/><br>
<br/><br>
the importance of developing firm and regional absorptive capacity; <br/><br>
the importance of embedding TNCs in the region; and <br/><br>
regional policies for attaining these goals. <br/><br>
These factors, we argue, are important for achieving sustainable economic development, building on exogenous sources of capital and knowledge. Finally, we illustrate the relevance of RIS for analyzing as well as formulating regional development policies by referring to two of Asia's most significant cases: Shanghai's (China) and Bangalore's (India) regional innovation systems.},
  author       = {Asheim, Björn and Vang-Lauridsen, Jan},
  issn         = {1447-9338},
  keyword      = {absorptive capacity,embeddedness,regional development,Regional Innovation System,social capital},
  language     = {eng},
  number       = {1-2},
  pages        = {27--44},
  publisher    = {eContent Management},
  series       = {Innovation: Management, Policy & Practice},
  title        = {Regional innovation systems in Asian countries: A new way of exploiting the benefits of transnational corporations},
  volume       = {8},
  year         = {2006},
}