Markets, Clusters and Innovation
- New Horizons in Regional Science series
Chapter 5: Varieties of Business System and Innovation
INTRODUCTION We noted in the introductory chapter to this book that business systems literature exists and is complementary to our neo-Schumpeterian impulse in taking an institutional approach to economic evolution. It is particularly resonant with work conducted at the level of national innovation systems for the reason that it is national business systems that are the focus of study. Little sub-national research exists in this tradition, therefore its approach has only limited value at the regional level of analysis to the forefront here. Nevertheless, we shall return to this tradition later in the chapter when we examine its propositions concerning, particularly, distinctive entrepreneurship cultures as between liberal and coordinated market regimes. We already commented on the emphasis in national business systems research upon multinationals rather than SMEs, something shared to some extent with national innovation systems research. But there is somewhat more of an interest in the former, business systems approach, on aspects of talentformation which also interest us. Indeed, there are lacunae in the national innovation systems approach regarding both talent and entrepreneurship, the latter surprising given Schumpeter’s celebrated highlighting of this kind of actor in assisting the evolution of capitalism through facilitating ‘creative destruction’. Although critical of the earlier predominance of the study of ‘technology’ in innovation studies, and correctly, seeking to present a more rounded picture, national innovation systems research has remained fairly relentlessly concerned with industries more than the inputs to industries except for its concern with ‘science and technology’ policies and the governance of that...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.