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H Mayer - Economic Development Quarterly, 2010 - journals.sagepub.com

Catching up: The role of state science and technology policy in open innovation.

EPSCoR Research Infrastructure Improvement Program AND Program Evaluation

Mayer

GSID: 8CSTP1tNJqoJ

Excerpt

This article examines the impact of the emerging model of open innovation on state public policy, particularly the practice of technology-based economic development in weak research and development (R&D) states. Open innovation describes the nascent practice of firms using knowledge created outside their boundaries and also marketing ideas they would not commercialize themselves. Firms engaging in open innovation thrive on knowledge spillovers, and weak R&D regions could benefit from this model through the …

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