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Coast to Capital: Strategic Economic PlanDeveloping Networks of InnovationSpace to be Creative

David Cooper-2014-01-01
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TL;DRAbstract

This paper, commissioned by Coast to Capital outlines the need for a top-down strategy review to complement the bottom-up analysis and consultation approach being taken to develop a Strategic Economic Plan for the Local Enterprise Partnership. This top down approach has focused on the establishment of Regional Innovation Systems (RIS) underpinned by two core components Smart Specialisation and the creation of innovation friendly business environments for SMEs. It is based on a wider view of innovation that is not just technology based but recognises creativity in general and the value of open innovation systems, centred on collaborative networks and communities. The strategy attempts to provide answers to three broad questions: 1. What is the Coast to Capital area to be known for? 2. How will it need to respond to developments in technology and other forms of innovation? 3. Where is it genuinely at the leading edge of innovation – what are its research and innovation strengths and

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This paper, commissioned by Coast to Capital outlines the need for a top-down strategy review to complement the bottom-up analysis and consultation approach being taken to develop a Strategic Economic Plan for the Local Enterprise Partnership. This top down approach has focused on the establishment of Regional Innovation Systems (RIS) underpinned by two core components Smart Specialisation and the creation of innovation friendly business environments for SMEs. It is based on a wider view of innovation that is not just technology based but recognises creativity in general and the value of open innovation systems, centred on collaborative networks and communities. The strategy attempts to provide answers to three broad questions: 1. What is the Coast to Capital area to be known for? 2. How will it need to respond to developments in technology and other forms of innovation? 3. Where is it genuinely at the leading edge of innovation – what are its research and innovation strengths and

Keywords

General partnershipCreativityBusinessCapital (architecture)Open innovationPlan (archaeology)Value (mathematics)Innovation management

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