Around the world, governments and various regional and local authorities are increasingly active in finding out how to design institutions that are capable of helping to foster more constructive processes of knowledge creation and knowledge use. Increasing attention is notably paid to finding out how to build institutions that are effective in bridging between universities, companies, industry clusters, and government agencies.
For a number of years, science parks and incubators have been seen as key to managing this transition. Many such institutions have been stuck in struggles to manage real estate and traditional tangible assets, however. New initiatives and governance models are needed, and under way, to build the bodies that can be truly effective in generating the knowledge transfers, human mobility, and synergies that are capable of spurring innovation, potential high-growth new ventures and industrial diversification, for real.
IKED has been engaged for several years in advising governments and organisations around the world how to design policies that can help spur better framework conditions as well as specific institutions in this area. IKED's work in this regard contributed to innovation policy reforms in Nordic countries, such as Norway and Sweden, to enterprise reform processes in Central and Eastern Europe, as in the Baltic States, the Czech Republic, and Turkey, and to policy initiatives centering on the information society, university-industry interface and/or entrepreneurship and SME-policies in various other countries around the world, including in Australia, Brazil, Ethiopia, India, Italy, Malaysia, the Netherlands, Oman, Saudi Arabia, Spain, and the United Kingdom.
In this piece, contributed to IKED, professor Piero Formica, founder of the International Entrepreneurship Academy (Intentac) and associate expert with IKED, examines and outlines the next step under way as the old industrial park concept is giving way to a new generation of institutional fabric better suited to address the needs and opportunities of tomorrow's knowledge-based society.