Innovation

Agarwal, Renu; Green, Roy; Patterson, Eric; Pugalia, Sancheeta

doi:10.4324/9780429346033

Cited by 2 publications

(2 citation statements)

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“…Assessment of the region's innovation potential must be related to different components (see Figure 1). The author examines the region's innovation potential according to the following components (Santo, 1990;Matveykin et al, 2007;Drucker, 2009;Agarwal et al, 2022;Birkner et al, 2022;Bychin, 2022;Carlström, 2022 o number of innovative companies; o share of turnover of innovative companies. The innovation management style depends on the level of technological and economic development of the economy and the innovation potential of the territory.…”

Section: Evaluation Methodology Of the Innovation Potentialmentioning

confidence: 99%

Assessment of the innovation potential of the selected regions

Gladevich¹

2023

JESI

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Assessment of innovation potential is becoming an increasingly urgent problem. Many scientists and researchers are interested in this issue, alas, evaluate innovation potential differently. Some scholars emphasize resources, while others think about the achieved result. Another group of researchers focus on the transition process from resources to results while evaluating innovation potential. This paper attempts to integrate the three basic approaches (resource, process and resulting) and suggest a combination of known innovation potential assessment methods. The author claims that the innovation development goal is the result (abilities) and initial resources (opportunities) and stresses a process of transformation into an innovative product. The author offers an original definition of the innovation potential of a region. Complex evaluation with the sum method leads to an original integral indicator. Selected geographical areas are grouped into quintiles; the obtained results are depicted on maps for more convenient perception and visualization. The obtained results are interpreted, and policy implications are suggested.

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Section: Evaluation Methodology Of the Innovation Potentialmentioning

confidence: 99%

Assessment of the innovation potential of the selected regions

Gladevich¹

2023

JESI

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“…Scientists distinguish various classical approaches, within the framework of which innovation is analyzed. One of them embraces changes, resources, processes, result (Schumpeter, 1939;Schlesinger Jr., 1986;Twiss, 1989;Chekulina & Tamakhina, 2011;Freeman, 1995Freeman, , 2017Zhits, 2007;Danko, 1999;Porter & Stern 2002;Hudakova, Fila & Marosh, 2018;Zhizhlavsky, 2011;Zholnierski, 2005;Alekseyev, 2009;Pichlak, 2012;Chehabeddine, Grabowska & Adekola, 2022;Atwa, 2022;Davies, Gann & Douglas, 2009;Waldron & Wetherbe, 2020;Prud'homme van Reine, 2022;Sinclair-Desgagne, 2022;Acemoglu, Akcigit & Celik, 2022;Agarwal et al, 2022;Andriushchenko et al, 2022;Birkner, Meszaros & Szabo 2022;Bora, Brazda & Slíva 2021;Bychin, 2022;Cantarelli & Genovese, 2021;Carlström, 2022;Erdin & Caglar, 2022;Farrow, 2021;Franco et al, 2022;Gijon, Lozano & Molina, 2022;Giuliano et al, 2022;Heilala, 2022;Jaiswal et al, 2022;Krivosheya, 2022;Kulakov, Verstina & Meshcheryakova, 2022;Langham & Paulsen, 2020;Liu & Shao, 2022;…”

Section: Theoretical and Methodological Framework Of Innovation Poten...mentioning

confidence: 99%

Assessment of the innovation potential of the regions of Latvia, Lithuania and Belarus

Gladevich¹

2022

JESI

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The concept of innovation potential is complicated and complex, its evolution is closely related to the concept of innovation. There are several approaches to define the innovation potential. Some scientists and researchers define innovation potential as a set of several resources, other scientists -as a result of innovative activity. The author is a supporter of the resource approach and explores the potential of innovation from the perspective of resources. There are several approaches to determining the innovation potential from the resource perspective, however, they are mostly intended for the evaluation of the innovation potential at the national level or at the level of large regions. In addition, most of the assessment methodologies are tailored to the analysis of specific regions and it is difficult to adapt them to the evaluation of other regions. Therefore, the author develops his own methodology for assessing innovation potential, adapted for NUTS3 regions, and uses it to assess the innovation potential of Latvian, Lithuanian and Belarusian regions. The given approach makes it possible to promptly evaluate existing resources and define opportunities, thus providing the region with a stable market position, especially within the regional context, which is required by the ever-increasing and fierce competition.

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Innovation

Cited by 2 publications

References 0 publications

Assessment of the innovation potential of the selected regions

Assessment of the innovation potential of the selected regions

Assessment of the innovation potential of the regions of Latvia, Lithuania and Belarus

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