IDEAS home Printed from https://ideas.repec.org/a/ids/ijirde/v7y2016i1p57-75.html
   My bibliography  Save this article

Systemic instruments for regional intervention in practice: the facilitation of an inventor-investor matchmaking process

Author

Listed:
  • Siw M. Fosstenløkken

Abstract

Systemic instruments (SIs) focus on identifying obstacles to building innovative systems and finding solutions to these problems. However, the actual use of SIs has not been specifically addressed. Thus, this article seeks to extend SI research by enhancing the understanding of systemic policy intervention in regional practice. It does so by exploring how a policy intermediary operates as a facilitator of an inventor-investor matchmaking process in the context of the maritime industry in the Oslo region of Norway. Based on a narrative methodology, the study presents a novel conceptualisation of a systemic activity termed facilitated matchmaking. This particular activity helped speed up regional innovation and entrepreneurship by connecting and safeguarding the 'right match' from two enabling and related sources identified as: 1) matchmaking of individual competences; 2) matchmaking of network resources. The article concludes by outlining implications for future research on systemic policy instruments and practice.

Suggested Citation

  • Siw M. Fosstenløkken, 2016. "Systemic instruments for regional intervention in practice: the facilitation of an inventor-investor matchmaking process," International Journal of Innovation and Regional Development, Inderscience Enterprises Ltd, vol. 7(1), pages 57-75.
    • Handle: RePEc:ids:ijirde:v:7:y:2016:i:1:p:57-75
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=76200
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bjørn Asheim, 2012. "The Changing Role of Learning Regions in the Globalizing Knowledge Economy: A Theoretical Re-examination," Regional Studies, Taylor & Francis Journals, vol. 46(8), pages 993-1004, June.
    2. Howells, Jeremy, 2006. "Intermediation and the role of intermediaries in innovation," Research Policy, Elsevier, vol. 35(5), pages 715-728, June.
    3. Natalia Irena Gust-Bardon, 2015. "The structural and functional analysis of innovation systems: outline of the Polish case," International Journal of Innovation and Regional Development, Inderscience Enterprises Ltd, vol. 6(1), pages 31-60.
    4. Dirk De Clercq & Harry J. Sapienza, 2001. "The creation of relational rents in venture capitalist-entrepreneur dyads," Venture Capital, Taylor & Francis Journals, vol. 3(2), pages 107-127, April.
    5. Anna J. Wieczorek & Marko P. Hekkert, 2012. "Corrigendum to 'Systemic instruments for systemic innovation problems: A framework for policy makers and innovation scholars'," Science and Public Policy, Oxford University Press, vol. 39(6), pages 842-842, December.
    6. Borrás, Susana & Edquist, Charles, 2013. "The choice of innovation policy instruments," Technological Forecasting and Social Change, Elsevier, vol. 80(8), pages 1513-1522.
    7. Scott, Allen J. (ed.), 2001. "Global City-Regions: Trends, Theory, Policy," OUP Catalogue, Oxford University Press, number 9780198297994.
    8. Dean A. Shepherd & Andrew Zacharakis, 2001. "The venture capitalist-entrepreneur relationship: Control, trust and confidence in co-operative behaviour," Venture Capital, Taylor & Francis Journals, vol. 3(2), pages 129-149, April.
    9. Maarten H. Batterink & Emiel F.M. Wubben & Laurens Klerkx & S.W.F. (Onno) Omta, 2010. "Orchestrating innovation networks: The case of innovation brokers in the agri-food sector," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 22(1), pages 47-76, January.
    10. Andrew Zacharakis & Truls Erikson & Bradley George, 2010. "Conflict between the VC and entrepreneur: the entrepreneur's perspective," Venture Capital, Taylor & Francis Journals, vol. 12(2), pages 109-126, March.
    11. Fagerberg, Jan & Mowery, David & Verspagen, Bart (ed.), 2009. "Innovation, Path Dependency, and Policy: The Norwegian Case," OUP Catalogue, Oxford University Press, number 9780199551552.
    12. Charles Edquist & Leif Hommen (ed.), 2008. "Small Country Innovation Systems," Books, Edward Elgar Publishing, number 3981.
    13. Toni Ahlqvist & Ville Valovirta & Torsti Loikkanen, 2012. "Innovation policy roadmapping as a systemic instrument for forward-looking policy design," Science and Public Policy, Oxford University Press, vol. 39(2), pages 178-190, March.
    14. Anne Gausdal & Etty Nilsen, 2011. "Orchestrating Innovative SME Networks. The Case of “HealthInnovation”," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 2(4), pages 586-600, December.
    15. Anna J. Wieczorek & Marko P. Hekkert, 2012. "Systemic instruments for systemic innovation problems: A framework for policy makers and innovation scholars," Science and Public Policy, Oxford University Press, vol. 39(1), pages 74-87, February.
    16. Mary Schoonmaker & Elias Carayannis, 2010. "Assessing the Value of Regional Innovation Networks," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 1(1), pages 48-66, March.
    Full references (including those not matched with items on IDEAS)

    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. Nilsson, Magnus & Sia-Ljungström, Clarissa, 2013. "The Role of Innovation Intermediaries in Innovation Systems," 2013 International European Forum, February 18-22, 2013, Innsbruck-Igls, Austria 164741, International European Forum on System Dynamics and Innovation in Food Networks.
    2. Söderholm, Patrik & Hellsmark, Hans & Frishammar, Johan & Hansson, Julia & Mossberg, Johanna & Sandström, Annica, 2019. "Technological development for sustainability: The role of network management in the innovation policy mix," Technological Forecasting and Social Change, Elsevier, vol. 138(C), pages 309-323.
    3. Hellsmark, Hans & Frishammar, Johan & Söderholm, Patrik & Ylinenpää, Håkan, 2016. "The role of pilot and demonstration plants in technology development and innovation policy," Research Policy, Elsevier, vol. 45(9), pages 1743-1761.
    4. Emmanuel Muller & Andrea Zenker & Miriam Hufnagl & Jean-Alain Héraud & Esther Schnabl & Teemu Makkonen & Henning Kroll, 2017. "Smart specialisation strategies and cross-border integration of regional innovation systems: Policy dynamics and challenges for the Upper Rhine," Environment and Planning C, , vol. 35(4), pages 684-702, June.
    5. Hilde Nykamp, 2020. "Policy Mix for a Transition to Sustainability: Green Buildings in Norway," Sustainability, MDPI, vol. 12(2), pages 1-17, January.
    6. Kilcline, Kevin & Dhubháin, Áine Ní & Heanue, Kevin & O'Donoghue, Cathal & Ryan, Mary, 2021. "Addressing the challenge of wood mobilisation through a systemic innovation lens: The Irish forest sector innovation system," Forest Policy and Economics, Elsevier, vol. 128(C).
    7. Kivimaa, Paula & Boon, Wouter & Hyysalo, Sampsa & Klerkx, Laurens, 2019. "Towards a typology of intermediaries in sustainability transitions: A systematic review and a research agenda," Research Policy, Elsevier, vol. 48(4), pages 1062-1075.
    8. Edmondson, Duncan L. & Kern, Florian & Rogge, Karoline S., 2019. "The co-evolution of policy mixes and socio-technical systems: Towards a conceptual framework of policy mix feedback in sustainability transitions," Research Policy, Elsevier, vol. 48(10).
    9. Costantini, Valeria & Crespi, Francesco & Palma, Alessandro, 2017. "Characterizing the policy mix and its impact on eco-innovation: A patent analysis of energy-efficient technologies," Research Policy, Elsevier, vol. 46(4), pages 799-819.
    10. Reale, Filippo, 2019. "Governing innovation systems: A Parsonian social systems perspective," Technology in Society, Elsevier, vol. 59(C).
    11. Paula Kivimaa & Wouter Boon & Sampsa Hyysalo & Laurens Klerkx, 2017. "Towards a Typology of Intermediaries in Transitions: a Systematic Review," SPRU Working Paper Series 2017-17, SPRU - Science Policy Research Unit, University of Sussex Business School.
    12. van Rijnsoever, Frank J., 2020. "Meeting, mating, and intermediating: How incubators can overcome weak network problems in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 49(1).
    13. Victoria Galan-Muros & Todd Davey, 2019. "The UBC ecosystem: putting together a comprehensive framework for university-business cooperation," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1311-1346, August.
    14. Rogge, Karoline S. & Pfluger, Benjamin & Geels, Frank W., 2020. "Transformative policy mixes in socio-technical scenarios: The case of the low-carbon transition of the German electricity system (2010–2050)," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    15. Bertha Vallejo & Banji Oyelaran-Oyeyinka & Nicholas Ozor & Maurice Bolo, 2019. "Open Innovation and Innovation Intermediaries in Sub-Saharan Africa," Sustainability, MDPI, vol. 11(2), pages 1-18, January.
    16. Reichardt, Kristin & Rogge, Karoline S. & Negro, Simona O., 2017. "Unpacking policy processes for addressing systemic problems in technological innovation systems: The case of offshore wind in Germany," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1217-1226.
    17. Mohammad Esmailzadeh & Siamak Noori & Alireza Aliahmadi & Hamidreza Nouralizadeh & Marcel Bogers, 2020. "A Functional Analysis of Technological Innovation Systems in Developing Countries: An Evaluation of Iran’s Photovoltaic Innovation System," Sustainability, MDPI, vol. 12(5), pages 1-20, March.
    18. Rogge, Karoline S. & Reichardt, Kristin, 2016. "Policy mixes for sustainability transitions: An extended concept and framework for analysis," Research Policy, Elsevier, vol. 45(8), pages 1620-1635.
    19. Hermans, Frans & Geerling-Eiff, Floor & Potters, Jorieke & Klerkx, Laurens, 2019. "Public-private partnerships as systemic agricultural innovation policy instruments – Assessing their contribution to innovation system function dynamics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 88, pages 76-95.
    20. Turner, James A. & Klerkx, Laurens & White, Toni & Nelson, Tracy & Everett-Hincks, Julie & Mackay, Alec & Botha, Neels, 2017. "Unpacking systemic innovation capacity as strategic ambidexterity: How projects dynamically configure capabilities for agricultural innovation," Land Use Policy, Elsevier, vol. 68(C), pages 503-523.

    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:ids:ijirde:v:7:y:2016:i:1:p:57-75. 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=234 .

    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.