Networks in Innovation Research and Innovation Policy — An Introduction

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Networks deal with people, with firms and other institutions, and with their social and economic interaction. Economic and social networks are, of course, affected by physical networks like the Internet, telecommunication and traffic networks. Although important, the latter are not the subject of further discussion here. Social and economic networking is not a new phenomenon, but the basis of early trade which developed several thousand years ago, and, perhaps even more important, of urbanisation, the root of modern civilisation. In recent years, networking became an important subject in deductive and inductive theoretical disquisitions as well as in policy actions.KeywordsVenture CapitalInnovation ProcessAbsorptive CapacityInnovation PolicyRegional InnovationThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.