Innovation,embeddedness and policy: evidence from life sciences in three UK regions |
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Authors: | Edward Kasabov Rick Delbridge |
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Affiliation: | 1. Coventry University Business School , Coventry, UK;2. ESRC/EPSRC Advanced Institute of Management Research , London, UK;3. aa2451@coventry.ac.uk;5. Cardiff Business School , Cardiff, UK |
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Abstract: | This paper draws upon a survey of the life science and biotechnology regions of Oxford, Central Scotland and South West England to examine the innovation and embeddedness traits of the regions. The insights into the compositional weaknesses and strengths of the regions suggest opportunities and threats for the future development of the UK's life sciences and biotechnology. The discussion moves forward debates on biotechnology, regional innovation, regional economic development and policy by posing research questions relating to the gap of knowledge of two under-researched regions, the need for a differentiated view of regions and a public policy approach tailored towards them, as well as the prospects of ‘engineering’ high-tech regions. Some of the highlighted policy challenges are common to the three regions, while others are region-specific and reflect the variations of regional make-up and stage of development. |
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Keywords: | biotechnology clusters regional development innovation networks |
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