Abstract
This paper aims to answer the question “What changes are taking place in the field of innovation policy and why?” Generally the concept of the regional innovation policy is directly related to the actors of the regional innovation system, which are created with an explicit goal to develop, diffuse and utilise innovations (even though systems may be modified in such a direction by policy or strategy). Analyzing the regional innovation policy, it is essential to examine the issue of the regional innovation system, because the goals of the regional innovation policy is shaped by using initiatives of actors of regional innovation system, which aims to involve every actors of regional innovation system to build an open and dynamic ecosystem. The purpose of this paper is threefold: (1) to expose the characteristics of regional innovation policy; (2) to reveal the changes in the innovation system; (3) to expose the essence of concept of innovation policy memorandum of Baltic sea region and perspectives in the Kaunas region. The regional innovation system is changing by the regional innovation environment, which is focused on development of entrepreneurial, open and dynamic ecosystems. In summary, the key perspectives of Kaunas region is to adapt aspects of innovation policy in the memorandum and to improve access of actors of Kaunas Regional Innovation System to develop activities with international partners in the Baltic Sea region.DOI: http://dx.doi.org/10.5755/j01.eis.0.5.1073
Highlights
Globalisation and growing economic integration in Europe require the actors of innovation system to adjust to the new competitive conditions on the European and world market
During the last two decades the innovation has become a key to sustainable growth and economic development at the region and country level, having impact on the country competitiveness in global economy
Scientific problem: what are the most important initiatives forming the innovation policy in Kaunas region? What perspectives could be supposed? Novelty of the problem is revealed through the development of innovation activities, which determine structural changes, competitive advantage and economic growth in Kaunas region.\
Summary
Globalisation and growing economic integration in Europe require the actors of innovation system to adjust to the new competitive conditions on the European and world market. During the last two decades the innovation has become a key to sustainable growth and economic development at the region and country level, having impact on the country competitiveness in global economy Innovation in society and innovation systems have been studied at various levels and with various scopes. Novelty of the problem is revealed through the development of innovation activities, which determine structural changes, competitive advantage and economic growth in Kaunas region.\. Research aim – to highlight characteristics of regional innovation policy and innovation system in the Kaunas region, in purpose evaluating the perspectives. Research methods: analysis of the EU legal acts and specific literature, and contemplation of the perspectives of initiatives of the Kaunas region
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