Abstract
For innovation to happen policy-making processes have to be open and capable of incorporating and adapting to new knowledge that is produced within civil society by innovators. Innovators are the creators and holders of new knowledge that can be used productively. Therefore, for regional innovation strategies to succeed and spend R&D money most efficiently in their pursuit of sustainable and smart growth, it is necessary to create ad hoc mechanisms of participatory democracy to allow for systematic inputs from innovators. To this end, democracy does not mean the formal process through which representative institutions are legitimized to exercise power. Rather, democracy means the conception and creation of the modalities to engage knowledge creators and holders that are best suited for territorial communities of states and their regions and localities, and without which innovation can be neither initiated nor sustained.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2016 Francesco Grillo and Raffaella Y. Nanetti
About this chapter
Cite this chapter
Grillo, F., Nanetti, R.Y. (2016). Regional Case Studies and Institutional Settings. In: Innovation, Democracy and Efficiency. Palgrave Advances in Regional and Urban Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9781137449665_2
Download citation
DOI: https://doi.org/10.1057/9781137449665_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-56350-0
Online ISBN: 978-1-137-44966-5
eBook Packages: Economics and FinanceEconomics and Finance (R0)