Global Experience in Policy and Program Development
Edited by Sarfraz A. Mian
Sarfraz A. Mian This work is motivated by the increasing importance of science and technology (S&T) based entrepreneurship as a strategy where regions and nations that acquire better understanding in how to build this capacity will have an enduring advantage in technological innovations, economic growth and ultimately quality of life. A worldwide rise in interest has been shown by political leadership to address the building of S&T based knowledge regions to enhance national economic competitiveness, particularly outside the USA. In recent decades, the regional roots of this high value adding entrepreneurial development strategy were emphasized by the Silicon Valley phenomenon, which has been envied around the world, with efforts to replicate the model in different entrepreneurially conscious regions of the world, with varying degree of success. While the role of innovative S&T based startups, which laid the foundation of new industries that create wealth, can be traced to such successful regions, the race for developing appropriate policy and program mechanisms to help create and grow the enabling regions continues to be elusive for policy makers seeking relevance for their planned interventions. At the conceptual level a body of knowledge has emerged in the area of national and regional innovation systems (Lundvall, 1992; Nelson, 1993; Cooke et al., 2004), with continued efforts to understand the roles of various economic actors in linking science, technology and innovation in a geographic space (Leydesdorff and Etzkowitz, 1998; Audretsch and Lehmann, 2005; Aghion et al., 2009). However, some scholars (Plosila, 2004; Wessner,...