The Role of Universities in the Development of the Local Knowledge Base: Supporting Innovation Ecosystems through Skills Development and Entrepreneurship

Rosli, A. and Cacciolatti, L. 2022. The Role of Universities in the Development of the Local Knowledge Base: Supporting Innovation Ecosystems through Skills Development and Entrepreneurship. International Journal of Intellectual Property Management. 12 (1), pp. 64-87. https://doi.org/10.1504/IJIPM.2022.10044855

TitleThe Role of Universities in the Development of the Local Knowledge Base: Supporting Innovation Ecosystems through Skills Development and Entrepreneurship
TypeJournal article
AuthorsRosli, A. and Cacciolatti, L.
Abstract

Regional competitiveness can be achieved by different setups in the regional innovation system (RIS). Overall, the predominant model emulated by many countries in the world is the liberal, industry-driven model of Silicon Valley. From a Triple Helix perspective, the Silicon Valley model adds value to the innovation ecosystem by leveraging on the weight of private initiative. However, other actors in the Triple Helix can also play an important role in contributing to thriving innovation systems. We present two case studies based on the UK experience, outlining the role that universities play in supporting the development of the local knowledge base to build resilient and sustainable innovation systems. The former case shows how the Triple Helix model can contribute to regional competitiveness through governmental coordination (in the Northern Powerhouse case) and shift into a Quadruple Helix model by enhancing inclusivity. The latter shows how regional competitiveness can be achieved by leveraging on the coordinating role of the local centres of knowledge (in the Midlands Engine case). Key elements to the success of these two different models of coordination are the upgrading of regional learning capabilities and the workforce upskilling. The policy implications deriving from this study suggest policymakers could shape the role of the centres of knowledge in the coordination of regional efforts to apply Knowledge Based Development (KBD) solutions to the development of RIS: (i) a partnering role might be most appropriate to initiatives based on a Quadruple Helix approach and (ii) stronger leadership as primus inter pares may be more suited for initiatives based on a Triple Helix approach.

KeywordsKnowledge Base Development
Regional Competitiveness
Innovation Ecosystems
Communities Engagement
Quadruple Helix Model
Triple Helix Model
JournalInternational Journal of Intellectual Property Management
Journal citation12 (1), pp. 64-87
ISSN1478-9647
1478-9655
Year2022
PublisherInderScience
Accepted author manuscript
File Access Level
Open (open metadata and files)
Digital Object Identifier (DOI)https://doi.org/10.1504/IJIPM.2022.10044855
Publication dates
Published21 Feb 2022

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