NTUA Professor Y. Caloghirou was an invited speaker at the InSySPo International Conference that will take place 6-7th of June 2018, at Campinas University in Brazil. The theme of the conference is:” Innovation Ecosystems, Technology Upgrading and Regional Development”. Y. Caloghirou made a presentation on the matters of Social Inclusion, Regional Employment Dynamics, Culture, Local Knowledge.
The full body of Professor’s Y. Galoghirou’s presentation can be found here (pdf).
The conference provided insights into these complex questions by addressing a series of topics, concentrating on evidence from and lessons for emerging economies. It considers knowledge entrepreneurship to include both small entrepreneurial companies as well as corporate entrepreneurship in well established incumbents which is of great importance to emerging economies. Specific areas of concentration were:
Factors contributing to business demography dispersion across regions/countries: quality of local governance, R&D expenditures, workforce education, business-friendly regulations, financing constraints. Emphasis on KIEs.
The literature has named a long series of potential financial and non-financial barriers to innovation such as excessive risk, high innovation cost, lack of finance, organizational rigidity, lack of qualified personnel, lack of information technology, insufficient market information, legislation, regulation, standards, and lack of technical services. Such barriers affect the impact on innovation of firm-specific factors (size, R&D expenditures, knowledge acquisition and adaptation, IPRs), network-related factors (external sources of funding and information, cooperation), and government-support factors (innovation funding, public procurement, tax breaks and subsidies).
Scholars have underlined the importance of interactions between elements of an entrepreneurial system. Arguably entrepreneurial activity should be studied at the regional level and in close proximity with regional and sectoral innovation systems, stressing networks, learning, interactions, as well as strong linkages of local actors and international players such as multinational corporations. The rapid spread of Global Value Chains during the past few decades introduce a particularly significant element to consider. Important fuzzy areas remain, nonetheless, such as our understanding of the institutional context of interactions, including the role of universities and public research institutes. Smart specialization has emerged as a place-based approach to analyze the strengths and potential of an economy and identify strategic areas for policy intervention.
The concept of Responsible Research and Innovation (RRI) has been promoted to indicate broader inclusion in research and innovation activities. Societal actors – researchers, citizens, policy makers, business, third sector organizations, others – are supposed to work in concert together to ensure better alignment of T&I outcomes with the values, needs and expectations of society. Regions often demonstrate their own population dynamics, culture, historical precedents, and educational achievements which could play a useful role in informing public policy on research, innovation and socio-economic development.
For more information regarding the conference and the official programme, please visit the official website by clicking here.
The official programme of the conference can be found here (pdf).