Abstract
The development of innovation at a regional level in a transition economy is characterised by complex multidirectional processes of generating and commercialising innovation, indicating the need for systematic research and rethinking of the existing methods of managing such territorial entities to stimulate innovation. For the successful introduction and implementation of innovative solutions, the deployment of appropriate amounts of intellectual, material and financial resources as well as their concentration in space and time is important. This article aims to develop a model for assessing the effectiveness of regional innovation systems (RISs) during the shift from the transition economy to the market economy. The authors developed a two-stage data envelopment analysis (DEA) model connected with patent activities and the output of innovative goods and services. The model’s application made it possible to build maps describing the rating of regions concerning the performance indicator and to identify the availability of unutilised resources. For example, we identified efficient and inefficient regions in terms of producing innovative products, which is especially important for developing additional measures for developing the institutional environment of regions with considerable resources but very low utilisation efficiency. The data obtained will allow for more effective management of the structural elements of RISs as well as the detection of changes in the dynamics of key development indicators by identifying the size of efficiency reserves and the causes of their occurrence at the individual subject level.
Highlights
A changing marketplace demands that increasingly complex products and services be produced to meet the rising demand from various social groups
This paper proposes an algorithm for conducting data envelopment analysis (DEA)
The authors considered the issue of assessing regional innovation systems (RISs) effectiveness in the context of the shift from a transition economy to open innovations
Summary
A changing marketplace demands that increasingly complex products and services be produced to meet the rising demand from various social groups. Searching for new methods to increase one’s level of competitiveness within the framework of the open innovation concept is one way to gain market share. Several researchers have regarded it as a rather risky research topic due to the low level of control, its complex implementation in terms of both organisational and marketing tools, and the increased costs [6]. This concept can simplify the process of implementing new solutions at different stages of the innovation process such as during the stages of finding the solution, partners, and external financing [7,8,9]. Large companies that aim to implement advanced innovative projects but have not created the necessary organisational infrastructure cannot implement their projects properly [10,11]
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