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Aims and strategies in regional innovation and growth policy: A Danish perspective

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  • Andreas P. Cornett

Abstract

Innovations and the capacity to innovate are crucial factors for regional development. Regional growth is not an exogenous or independent phenomenon, but more or less ‘derived’ from the ability of the local business to perform and generate income. For this reason, attention has been on the factors facilitating growth and the mechanisms stimulating innovative behaviour in large, small and medium-sized enterprises. This paper aims to analyse the changing development strategies and policy set-up in Denmark with regard to regional development and innovation. Core elements are to improve the abilities for knowledge dissemination, innovation, and local entrepreneurship. The analysis provides a closer look into the role of innovation in regional policy, and which type of policies can stimulate innovative activities in business and industry. Recent examples from Denmark representing new approaches to the implementation of innovative development measures are presented and evaluated. Finally, the main results are presented with special attention to organizational and functional aspects of a knowledge-based regional development policy. Among the results are that untraditional measures are needed in particular if innovation policy should reach SMEs and firms not located adjacent to knowledge institutions.

Suggested Citation

  • Andreas P. Cornett, 2009. "Aims and strategies in regional innovation and growth policy: A Danish perspective," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 21(4), pages 399-420, July.
  • Handle: RePEc:taf:entreg:v:21:y:2009:i:4:p:399-420
    DOI: 10.1080/08985620903020078
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    1. Kaufmann, Alexander & Todtling, Franz, 2001. "Science-industry interaction in the process of innovation: the importance of boundary-crossing between systems," Research Policy, Elsevier, vol. 30(5), pages 791-804, May.
    2. Cornett, Andreas P., 2002. "The regional system of innovation and regional development," ERSA conference papers ersa02p126, European Regional Science Association.
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    1. Norin Arshed & Sara Carter & Colin Mason, 2014. "The ineffectiveness of entrepreneurship policy: is policy formulation to blame?," Small Business Economics, Springer, vol. 43(3), pages 639-659, October.
    2. Wang, Zhaoxing & He, Qile & Xia, Senmao & Sarpong, David & Xiong, Ailun & Maas, Gideon, 2020. "Capacities of business incubator and regional innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    3. Zhiqiang Zhou & Wenyan Liu & Pengfei Cheng & Zhenjin Li, 2022. "The Impact of the Digital Economy on Enterprise Sustainable Development and Its Spatial-Temporal Evolution: An Empirical Analysis Based on Urban Panel Data in China," Sustainability, MDPI, vol. 14(19), pages 1-23, September.
    4. Ballinger, T. Parker & Habegger, Wendy & Jones, Clifton T. & Thompson, Mark A., 2016. "Convergence in Venture Capital Investments: Evidence from a Panel of 18 US Regions," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 46(2), December.
    5. Michael Fritsch & Moritz Zoellner, 2020. "The fluidity of inventor networks," The Journal of Technology Transfer, Springer, vol. 45(4), pages 1063-1087, August.
    6. Amitrajeet A. Batabyal & Peter Nijkamp, 2012. "Retraction of “A Schumpeterian Model of Entrepreneurship, Innovation, and Regional Economic Growthâ€," International Regional Science Review, , vol. 35(4), pages 464-486, October.
    7. Yuan-Chieh Chang & Ming-Huei Chen & Yuan-Po Lin & Yu-Shiang Gao, 2012. "Measuring Regional Innovation and Entrepreneurship Capabilities," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 3(2), pages 90-108, June.
    8. Andreas P. Cornett & Nils Karl Soerensen, 2006. "Regional Growth Policy in Denmark - An Assessment of the Role of Innovation As an Instrument in Regional Policy," ERSA conference papers ersa06p102, European Regional Science Association.
    9. Andreas P. Cornett, 2012. "Clusters and Cluster Development in the Knowledge Economy," Chapters, in: Knut Ingar Westeren (ed.), Foundations of the Knowledge Economy, chapter 12, Edward Elgar Publishing.
    10. Malin Lindberg & Monica Lindgren & Johann Packendorff, 2014. "Quadruple Helix as a Way to Bridge the Gender Gap in Entrepreneurship: The Case of an Innovation System Project in the Baltic Sea Region," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(1), pages 94-113, March.
    11. Sleuwaegen, Leo & Boiardi, Priscilla, 2014. "Creativity and regional innovation: Evidence from EU regions," Research Policy, Elsevier, vol. 43(9), pages 1508-1522.
    12. Li, Jian & Strange, Roger & Ning, Lutao & Sutherland, Dylan, 2016. "Outward foreign direct investment and domestic innovation performance: Evidence from China," International Business Review, Elsevier, vol. 25(5), pages 1010-1019.
    13. Amitrajeet A. Batabyal & Peter Nijkamp, 2012. "A Schumpeterian Model of Entrepreneurship, Innovation, and Regional Economic Growth," International Regional Science Review, , vol. 35(3), pages 339-361, July.
    14. Andreas P. Cornett, 2014. "Cluster development policy as a tool in regional development and competitiveness policy: theoretical concepts and empirical evidence," Chapters, in: Charlie Karlsson & Börje Johansson & Kiyoshi Kobayashi & Roger R. Stough (ed.), Knowledge, Innovation and Space, chapter 9, pages 213-234, Edward Elgar Publishing.
    15. Ayla ESEN & Ozen ASIK-DIZDAR, 2014. "Regional Innovation As Part Of Regional Development Agenda In Turkey: The Role Of Development Agencies," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(1), pages 145-158.
    16. Slavec, Alenka & Prodan, Igor, 2012. "The influence of entrepreneur’s characteristics on small manufacturing firm debt financing," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 17(1), pages 104-130.
    17. Edward Bendit & Amnon Frenkel & Sigal Kaplan, 2011. "Knowledge-workers and the sustainable city: the travel consequences of car-related job-perks," ERSA conference papers ersa11p389, European Regional Science Association.

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