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Innovation intermediaries and performance-based incentives: A case study of regional innovation poles

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  • Margherita Russo
  • Annalisa Caloffi
  • Federica Rossi
  • Riccardo Righi

Abstract

A growing number of innovation policies rely on publicly-funded innovation intermediaries to provide knowledge-intensive services to firms, particularly small- and medium-sized ones. The performance of innovation intermediaries is often assessed using indicators that need to be closely aligned with policy objectives to be effective. However, this alignment is difficult to achieve and is often overlooked in practice. We analyse the relationship between performance indicators and the behaviour of intermediaries by examining a case study of innovation intermediaries funded with public resources in Tuscany, Italy. The intermediaries implemented actions that allowed them to achieve their performance targets rapidly. However, due to a misalignment between indicators and policy objectives, these actions were not entirely consistent with the latter. After reviewing the literature on this key issue, we build on our findings to suggest how to design performance indicators that can induce intermediaries to more effectively support the achievement of policy objectives.

Suggested Citation

  • Margherita Russo & Annalisa Caloffi & Federica Rossi & Riccardo Righi, 2019. "Innovation intermediaries and performance-based incentives: A case study of regional innovation poles," Science and Public Policy, Oxford University Press, vol. 46(1), pages 1-12.
    • Handle: RePEc:oup:scippl:v:46:y:2019:i:1:p:1-12.
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    File URL: http://hdl.handle.net/10.1093/scipol/scy028
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    Citations

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    Cited by:

    1. Caloffi, Annalisa & Freo, Marzia & Ghinoi, Stefano & Mariani, Marco & Rossi, Federica, 2022. "Assessing the effects of a deliberate policy mix: The case of technology and innovation advisory services and innovation vouchers," Research Policy, Elsevier, vol. 51(6).
    2. Doloreux, David & Turkina, Ekaterina, 2023. "Intermediaries in regional innovation systems: An historical event-based analysis applied to AI industry in Montreal," Technology in Society, Elsevier, vol. 72(C).
    3. Daniel Feser, 2023. "Innovation intermediaries revised: a systematic literature review on innovation intermediaries’ role for knowledge sharing," Review of Managerial Science, Springer, vol. 17(5), pages 1827-1862, July.
    4. Tinnakorn Phongthiya & Khaleel Malik & Eva Niesten & Tanyanuparb Anantana, 2022. "Innovation intermediaries for university-industry R&D collaboration: evidence from science parks in Thailand," The Journal of Technology Transfer, Springer, vol. 47(6), pages 1885-1920, December.
    5. Rossi, Federica & Caloffi, Annalisa & Colovic, Ana & Russo, Margherita, 2022. "New business models for public innovation intermediaries supporting emerging innovation systems: The case of the Internet of Things," Technological Forecasting and Social Change, Elsevier, vol. 175(C).

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