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Infrastructure and Institutions

In: Successful Innovation Systems

Author

Listed:
  • Ludovit Garzik

    (Austrian Council for Research and Technology Development, Innovationorbit)

Abstract

Infrastructure includes as all hard and soft facilities used by individuals directly, either for research and innovation or for the mobility of people, assets, or data. Infrastructure enables connections between individuals through communication networks, roads, and community buildings. Innovators in Asia regard their infrastructure much more highly than do their peers in Europe and the USA. Since living conditions in Asia are also improving, the crowd could move from west to east in the next few decades if the others fail to accelerate their investments. There is no shortcut to developing a regional innovation ecosystem, just as there was not in the evolution of intelligent life. The strongest position in a competitive environment is with the organizations that can adapt most quickly to changing conditions. In ecosystem development, first prepare the soil for a fertile environment and then sow the plants.

Suggested Citation

Handle: RePEc:spr:fuobcp:978-3-030-80639-2_4
DOI: 10.1007/978-3-030-80639-2_4
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