Abstract
The unprecedented development of the information and communication technologies sector has accelerated the spectacular changes in societies and employment trends worldwide. The adoption of ICTs in innovation systems has been a key factor in the overall competitiveness of economic regions and national economies. This paper studies the impact of ICT on regional development. To do so, a modelling approach is used to develop a framework-guidance tool that can formulate what-if scenarios of smart technology enhancement in a regional innovation system. The model is applied in two Greek regions with different development backgrounds, and the findings emphasise the importance of smart technologies in regional development in both cases.
Highlights
Μany scholars have dealt with the concept of innovation systems
The results of the SD model are calculated for each scenario presented in Tables 1 and 2, and the results for each region are obtained which are depicted in Figs. 5 and 7 where we see the two curves for the price of regional development that correspond to the 2 scenarios under study
The results of the mathematical model simulations give rise to policies that promote regional development. Both the development of the mathematical model and the regional development scenarios were aimed at contributing to the research activity for the understanding of the interactions between the actors involved in a Regional Innovation System (RIS), and with the aim of their applicability by policy makers at regional level
Summary
Μany scholars have dealt with the concept of innovation systems. Innovation system theory has emerged from studies on micro-level technology systems, from studies on innovation systems and innovation through interactive learning at mid- and macro-level (Edquist, 1997; Freeman, 1987; Lundvall, 1992; Nelson, 1993) and through several EU and OECD publications (OECD, 1999), from which the concept of the National Innovation System (NIS) was promoted. Since the approaches of Freeman, Lundvall and Nelson (Freeman, 1987; Lundvall, 1992; Nelson, 1993), the concept has undergone several changes that shift from national to regional, sectoral/technological, or even global level. The literature often reveals that the concept of a discreet regional system can play a balanced role in the age of increasing globalisation, which demonstrates the tendency to homogenise culture and directions in strategies and solutions (Niosi, 2000a, b )
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
