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Leading R&D Investors for the Dynamics of Innovation Ecosystems

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Abstract

This Policy brief discusses the key role of large R&D investors in the dynamics of innovation ecosystems. In a context of accelerated technological change and increasing global competition, firms should develop complex innovative solutions requiring the interaction of multiple-players. Therefore, knowledge integration becomes a key strategic dimension to keep the edge in the global competition and ecosystems of innovation are privileged ‘places’ where it can be organised in a way that ensures the creation of a higher collective value. Evidence shows that leading R&D investors can play a pivotal role in the establishment and development of such ecosystems, by bringing the necessary assets (resources, knowledge, capabilities and leadership) to activate their dynamics (along the three dimensions of interdependence, integration and initiative). This brief identifies a number of policy interventions to support the functioning of such innovation ecosystems and calls to tailor the interventions in accordance to the stage of development of the given ecosystem.

Suggested Citation

  • Mafini Dosso & Fernando Hervas & Antonio Vezzani, 2015. "Leading R&D Investors for the Dynamics of Innovation Ecosystems," JRC Research Reports JRC97270, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc97270
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    File URL: https://joint-research-centre.ec.europa.eu/reports-and-technical-documentation/leading-rd-investors-dynamics-innovation-ecosystems_en
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    References listed on IDEAS

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    1. Pietro Moncada-Paternò-Castello & Marco Vivarelli & Peter Voigt, 2011. "Drivers and impacts in the globalization of corporate R&D: an introduction based on the European experience," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 20(2), pages 585-603, April.
    2. Hélène Dernis & Mafini Dosso & Fernando Hervas & Valentine Millot & Mariagrazia Squicciarini & Antonio Vezzani, 2015. "World Corporate Top R&D Investors: Innovation and IP bundles," JRC Research Reports JRC94932, Joint Research Centre.
    3. Pavitt, Keith, 1984. "Sectoral patterns of technical change: Towards a taxonomy and a theory," Research Policy, Elsevier, vol. 13(6), pages 343-373, December.
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    Cited by:

    1. Reinhilde Veugelers, 2018. "Eco-systems for young digital innovators," The Journal of Technology Transfer, Springer, vol. 43(6), pages 1449-1465, December.
    2. Mafini Dosso & Lesley Potters & Alexander Tübke, 2019. "Distribution of Industrial Research & Innovation Activities: An Application of Technology Readiness Levels," JRC Research Reports JRC115449, Joint Research Centre.
    3. Magalhaes, Manuela, 2020. "The impact of financial constraints on tradable and non-tradable R&D investments in Portugal," MPRA Paper 100348, University Library of Munich, Germany.

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    Keywords

    ecosystem of innovation; corporate R&D; knowledge integration;
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