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Successful Innovation Systems

Part of the Future of Business and Finance Book Series

Editors: Garzik, Ludovit

DOI: 10.1007/978-3-030-80639-2

ISBN: 978-3-030-80638-5

Publisher: Springer International Publishing - Springer Journals

Nov 27, 2021

1 - 10 of 17 Chapters

LitStream

Launch Pad

Garzik, Ludovit

Pages: 3 –8

[Some regions in the world are more successful at innovation than others. We can learn why by studying the lessons of successful global innovation regions. Ecosystems in different regions around the globe demonstrate diverse development trajectories and properties. Therefore, we take a deeper...
LitStream

Human Capital

Garzik, Ludovit

Pages: 9 –25

[The foundation of every innovation ecosystem is the availability of high-quality human capital. However, we cannot judge an ecosystem merely on its number of people or their qualifications. If managers know of the entrepreneurial mindset of their crowd and its inflow and outflow dynamics, they...
LitStream

Finance Capital, Market, and Policy

Garzik, Ludovit

Pages: 27 –37

[Capital, understood as nonhuman capital, is a diverse resource with a wide range of subgroups including venture capital, bank loans, research funding, “family, friends and fools,” and more. Money is an enabler, but a bad motivator. Founders believe in their ideas and their potential impact on...
LitStream

Infrastructure and Institutions

Garzik, Ludovit

Pages: 39 –56

[Infrastructure includes as all hard and soft facilities used by individuals directly, either for research and innovation or for the mobility of people, assets, or data. Infrastructure enables connections between individuals through communication networks, roads, and community buildings....
LitStream

Management of Resources and Lessons Learned

Garzik, Ludovit

Pages: 57 –71

[The management of resources considers all resources from an ecosystem perspective. Regions try to promote their development as innovation leader in three key ways that is first analyzing the status quo, second deciding on a strategy, and third implementing the chosen strategy. Most of the time,...
LitStream

Bangalore Innovation System

Thomas, Leena Pishe; Salah, Sana; Garzik, Ludovit

Pages: 75 –99

[Technology entrepreneurship and startups ecosystems are drawing the attention of policymakers and empirical researchers across the world. In India, Bangalore has been receiving increased global recognition and has turned into an irresistible magnet for tech startups because of its favorable...
LitStream

Berlin Innovation System

Dauchert, Helge; Garzik, Ludovit

Pages: 101 –126

[The Berlin innovation ecosystem is characterized by its highly developed research landscape. Berlin boasts a high density of universities—and their graduates—and numerous well-developed and publicly financed research institutions. At the same time, a lack of large research-active companies and a...
LitStream

Medellín Innovation System

Jaramillo, Alejandro Crespo; Osorio, Cesar Augusto Zambrano; Jaramillo, Susana Crespo; Garzik, Ludovit

Pages: 127 –142

[Innovation for Medellín is synonymous with competitiveness, differentiation, and economic development. Innovation can improve citizens’ quality by generating knowledge-based jobs through the support of intercompany projects, universities, entrepreneurs, investors, government, and other...
LitStream

Moscow Innovation System

Vasilev, Dmitry; Garzik, Ludovit

Pages: 143 –160

[Russia, and the Moscow region specifically, are very promising sources for innovative solutions and companies. Moscow has shown stable growth even during the financial crisis at an average pace of 10% per year. The region doubled its GDP in 10 years and managed to attract an impressive...
LitStream

Nairobi Innovation System

Nyang’au, Linet Kwamboka; Garzik, Ludovit

Pages: 161 –172

[Africa, especially the sub-Saharan region, is a hot spot of “frugal innovation,” which focuses on technology that meets the market’s needs. While this sounds trivial, frugal technology’s precise alignment to specific needs is unlike industrialized Western nations, where products come with...

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