IDEAS home Printed from https://ideas.repec.org/a/gam/jadmsc/v13y2023i11p237-d1273671.html
   My bibliography  Save this article

Business and Regional Innovation Culture: An Overview of the Conceptualization of Innovation Culture

Author

Listed:
  • Fotios Katimertzopoulos

    (Department of Economics, University of Thrace, 69100 Komotini, Greece)

  • Charis Vlados

    (Department of Economics, University of Thrace, 69100 Komotini, Greece
    School of Business, University of Nicosia, Nicosia 2417, Cyprus)

  • Theodore Koutroukis

    (Department of Economics, University of Thrace, 69100 Komotini, Greece
    School of Social Sciences, Business & Organisation Administration, Hellenic Open University, Par. Aristotelous 18, 26335 Patras, Greece
    Department of Organization Management, Marketing and Tourism, School of Economics and Management, International Hellenic University, Thessaloniki Campus, 17 Km Thessaloniki-Sindos, 57400 Thessaloniki, Greece)

Abstract

The primary aim of this paper is to identify key similarities and differences in the conceptualization of culture across the major theories of regional socioeconomic science, including economic, business, administrative, social, cultural and political dimensions acting at the regional and local scales. The second goal is to present an overview of the knowledge base and third to cohesively examine and partially recreate the topic using the semi-systematic review method. The final objective of examining the aforementioned issues is to clarify the dynamic correlation in the structuring of business and innovation culture, as well as to identify the characteristics that contribute to the sustainable culture of business and regional innovation systems, including long-term sustainable development. The research shows that the coexistence and combination of innovative culture at the business and regional levels should be perceived as a dynamic and co-evolutionary process involving a variety of factors. Local organizations and institutes that foster entrepreneurship are among the elements that enhance the innovation culture; however, having all of the resources in isolation is insufficient for an efficient ecosystem. This study proposes the establishment of a framework that will enhance the growth of innovation, cultural evolution and regional ecosystem performance. The Institutes of Local Development and Innovation (ILDI) are a policy idea that might give effective micro–meso-level solutions for the region. These policy proposals will diagnose the regional business culture under the prism of strategy, technology, and management levels. The specific investigation attempted in this paper demonstrates that several converging fruitful paths have already been created in the relative international literature. These paths could be combined and deepened further by studying the close evolutionary interconnection between business and regional innovation culture as it emerges at a global scale in the present.

Suggested Citation

  • Fotios Katimertzopoulos & Charis Vlados & Theodore Koutroukis, 2023. "Business and Regional Innovation Culture: An Overview of the Conceptualization of Innovation Culture," Administrative Sciences, MDPI, vol. 13(11), pages 1-17, November.
    • Handle: RePEc:gam:jadmsc:v:13:y:2023:i:11:p:237-:d:1273671
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-3387/13/11/237/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2076-3387/13/11/237/
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Snyder, Hannah, 2019. "Literature review as a research methodology: An overview and guidelines," Journal of Business Research, Elsevier, vol. 104(C), pages 333-339.
    2. Tomasz Majek & Roger Hayter, 2008. "Hybrid Branch Plants: Japanese Lean Production in Poland’s Automobile Industry," Economic Geography, Taylor & Francis Journals, vol. 84(3), pages 333-358, July.
    3. Katimertzopoulos, F. & Vlados, Ch., 2017. "Local Support Mechanisms for Entrepreneurship: The Approach of Local Development and Innovation Institutions," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 10(1), pages 30-41, March.
    4. Leila Kebir & Olivier Crevoisier, 2007. "Resources development and actors coordination: what role for innovative milieus?," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 7(2/3/4/5), pages 204-222.
    5. Yun-Chung Chen, 2008. "Why Do Multinational Corporations Locate Their Advanced R&D Centres in Beijing?," Journal of Development Studies, Taylor & Francis Journals, vol. 44(5), pages 622-644.
    6. Olivier Crevoisier, 2004. "The Innovative Milieus Approach: Toward a Territorialized Understanding of the Economy?," Economic Geography, Taylor & Francis Journals, vol. 80(4), pages 367-379, October.
    7. Beñat Bilbao‐Osorio & Andrés Rodríguez‐Pose, 2004. "From R&D to Innovation and Economic Growth in the EU," Growth and Change, Wiley Blackwell, vol. 35(4), pages 434-455, September.
    8. Soogwan Doh & Zoltán J. Ács, 2015. "Innovation and Social Capital: A Cross-Country Investigation," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 23, pages 442-463, Edward Elgar Publishing.
    9. Cooke, Philip, 2001. "Regional Innovation Systems, Clusters, and the Knowledge Economy," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(4), pages 945-974, December.
    10. Sandro Brusco, 1996. "Bankruptcy, Takeovers, and Wage Contracts," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 5(4), pages 515-534, December.
    11. Todtling, Franz & Trippl, Michaela, 2005. "One size fits all?: Towards a differentiated regional innovation policy approach," Research Policy, Elsevier, vol. 34(8), pages 1203-1219, October.
    12. Kevin Morgan, 1997. "The Learning Region: Institutions, Innovation and Regional Renewal," Regional Studies, Taylor & Francis Journals, vol. 31(5), pages 491-503.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lilian Danil & Siti Jahroh & Rizal Syarief & Asep Taryana, 2025. "Technological Innovation in Start-Ups on a Pathway to Achieving Sustainable Development Goal (SDG) 8: A Systematic Review," Sustainability, MDPI, vol. 17(3), pages 1-45, February.
    2. Gabriel Gomes Moreira & Robério José Rogério dos Santos & Victor Diogho Heuer de Carvalho & Francisco José Peixoto Rosário & Agnaldo José dos Santos, 2024. "Potential for Frugal Innovation in a Brazilian Regional System: A Study Based on a Multicriteria Approach," Societies, MDPI, vol. 14(6), pages 1-22, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Katimertzopoulos, Fotios & Vlados, Charis & Koutroukis, Theodore, 2020. "Regional Innovation Systems and Less Developed Business Ecosystems: Fundamental Concepts and Theoretical Trends," DUTH Research Papers in Economics 7-2020, Democritus University of Thrace, Department of Economics.
    2. Hauser, Christoph & Siller, Matthias & Schatzer, Thomas & Walde, Janette & Tappeiner, Gottfried, 2018. "Measuring regional innovation: A critical inspection of the ability of single indicators to shape technological change," Technological Forecasting and Social Change, Elsevier, vol. 129(C), pages 43-55.
    3. Ron Boschma & Ron Martin, 2010. "The Aims and Scope of Evolutionary Economic Geography," Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 1, Edward Elgar Publishing.
    4. Zhigao Liu & Yimei Yin & Weidong Liu & Michael Dunford, 2015. "Visualizing the intellectual structure and evolution of innovation systems research: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 103(1), pages 135-158, April.
    5. Matthias Siller & Christoph Hauser & Janette Walde & Gottfried Tappeiner, 2015. "Measuring regional innovation in one dimension: More lost than gained?," Working Papers 2015-14, Faculty of Economics and Statistics, Universität Innsbruck.
    6. Porfírio, José & Jacquinet, Marc & Carrilho, Tiago, 2009. "The Concept of Agricultural District and the Question of Rural Development," Spatial and Organizational Dynamics Discussion Papers 2009-3, CIEO-Research Centre for Spatial and Organizational Dynamics, University of Algarve.
    7. Andrés Rodríguez-Pose & Marco Di Cataldo, 2015. "Quality of government and innovative performance in the regions of Europe," Journal of Economic Geography, Oxford University Press, vol. 15(4), pages 673-706.
    8. Liu, Meng-chun & Chen, Shin-Horng, 2012. "MNCs’ offshore R&D networks in host country's regional innovation system: The case of Taiwan-based firms in China," Research Policy, Elsevier, vol. 41(6), pages 1107-1120.
    9. Bielska, Anna & Stańczuk-Gałwiaczek, Małgorzata & Sobolewska-Mikulska, Katarzyna & Mroczkowski, Robert, 2021. "Implementation of the smart village concept based on selected spatial patterns – A case study of Mazowieckie Voivodeship in Poland," Land Use Policy, Elsevier, vol. 104(C).
    10. Elvira Uyarra, 2010. "What is evolutionary about ‘regional systems of innovation’? Implications for regional policy," Journal of Evolutionary Economics, Springer, vol. 20(1), pages 115-137, January.
    11. Grillitsch, Markus, 2014. "Institutional Change and Economic Evolution in Regions," Papers in Innovation Studies 2014/1, Lund University, CIRCLE - Centre for Innovation Research.
    12. Trippl , Michaela & Grillitsch , Markus & Isaksen , Arne & Sinozic , Tanja, 2015. "Understanding Cluster Evolution," Papers in Innovation Studies 2015/46, Lund University, CIRCLE - Centre for Innovation Research.
    13. David Doloreux & Jose Gaviria de la Puerta & Iker Pastor-López & Igone Porto Gómez & Borja Sanz & Jon Mikel Zabala-Iturriagagoitia, 2019. "Territorial innovation models: to be or not to be, that’s the question," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(3), pages 1163-1191, September.
    14. Veldhuizen, Caroline, 2021. "Conceptualising the foundations of sustainability focused innovation policy: From constructivism to holism," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    15. João Lopes & Mário Franco, 2019. "Review About Regional Development Networks: an Ecosystem Model Proposal," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(1), pages 275-297, March.
    16. Markus Grillitsch, 2014. "Regional Transformation: Institutional Change and Economic Evolution in Regions," ERSA conference papers ersa14p1481, European Regional Science Association.
    17. Björn T. Asheim & Markus Grillitsch & Michaela Trippl, 2016. "Regional innovation systems: past – present – future," Chapters, in: Richard Shearmu & Christophe Carrincazeaux & David Doloreux (ed.), Handbook on the Geographies of Innovation, chapter 2, pages 45-62, Edward Elgar Publishing.
    18. Iréne Bernhard, 2016. "Innovation focusing on regional development in a European context - towards a new research agenda," International Journal of Innovation and Regional Development, Inderscience Enterprises Ltd, vol. 7(1), pages 1-19.
    19. Günter Clar & Björn Sautter, 2014. "Research Driven Clusters at the Heart of (Trans-)Regional Learning and Priority-Setting Processes," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(1), pages 156-180, March.
    20. Scaringella, Laurent & Radziwon, Agnieszka, 2018. "Innovation, entrepreneurial, knowledge, and business ecosystems: Old wine in new bottles?," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 59-87.

    More about this item

    Keywords

    business culture; regional culture; innovation culture; regional development; regional innovation system; Stra.Tech.Man Innovation approach; Institutes of Local Development and Innovation (ILDI);
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jadmsc:v:13:y:2023:i:11:p:237-:d:1273671. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.