Abstract
Evolving from the discussions of the previous chapters herewith and still taken by the understanding of what innovation is about, new methods are presented that allow to emphasize regional innovation structures and depict the entrepreneurial micro-economic view of the firm at the local level. These proposed methods are of interest to regions in need of a long-lasting accompaniment of public policy actions. By relating geographic proximity and clustering, the best factors for regional growth are detected. The methods described in the present chapter are mostly adequate for lagging areas where investments and incentives are planned to occur, either utilizing local development targets or business promotion, such as southern Europe. We try to emphasize how modeling the specific regional innovation patterns at the local or regional level can be a significant aim to help make more fruitful investment decisions.
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