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Regional Innovation Clusters: A Critical Review

Author

Listed:
  • Junbo Yu

    (Regional Research Institute, West Virginia University)

  • Randall W. Jackson

    (Regional Research Institute, West Virginia University)

Abstract

This paper begins by investigating the Obama administration’s rationale of promoting regional innovation clusters (RICs) in the context of increasing public concerns on the Strategy for American Innovation. Next, the connections between RICs and existing research and policies in clusters, innovation and regional economic development are identified and analyzed to highlight those most critical challenges in conceptualizing and theorizing RICs. While we applaud the long overdue focus of economic development policies on subnational regions we identify several major difficulties associated with the development of empirics for promoting RICs and informing policymakers with practitioner-accessible tools and metrics before concluding.

Suggested Citation

  • Junbo Yu & Randall W. Jackson, 2010. "Regional Innovation Clusters: A Critical Review," Working Papers Research Paper 2010-14, Regional Research Institute, West Virginia University.
    • Handle: RePEc:rri:wpaper:2010rp14
    DOI: 10.1111/j.1468-2257.2011.00546.x
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    File URL: https://researchrepository.wvu.edu/rri_pubs/50/
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    JEL classification:

    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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