Stanford University President John L. Hennessy spoke with BusinessWeek Silicon Valley Correspondent Jim Kerstetter about the Valley and the nature of innovation. The Valley, he says, still represents an area of critical mass in terms of innovation,
Watch: Innovative Cities & Regions
“Intelligent Environments are becoming one of the hot topics for industrial and academic research. Intelligent Environments are public and private spaces such as cars, shopping malls, work, homes and even our own bodies which respond “thoughtfully” to our needs.
The competitive industrial performance (CIP) index, developed by UNIDO for developing countries mainly, benchmarks competitive industrial activity by countries against the backdrop of liberalization and globalization. The index is based on four variables that capture different aspects of competitive performance.
Bianca Potì and Roberto Basile developed a model to explain divergences in region/ country propensity to innovation through a system of innovation approach. They started from the idea that externalities and spillovers have positive effects on the innovative performance of firms, and focused on three types of interactions: (1) collaborative and network inter-firms relations; (2) sectoral-regional clusters; and (3) inter-institutional (industry-public research institutes) relations.
European Commission Press release (19 July 2005) point out that ‘The 2005 key figures show that EU R&D intensity is close to stagnation. Growth of R&D investment as a % of GDP has been slowing down since 2000 and only grew 0.2% between 2002 and 2003. Europe devotes a much lower share of its wealth to R&D than the US and Japan (1.93% of GDP in the EU in 2003, as compared to 2.59% in the US and 3.15% in Japan).
Philippe Aghion, Mathias Dewatripont, and Jeremy C. Stein developed a model that clarifies the respective advantages and disadvantages of academic and private-sector research. The fundamental tradeoff between academia and the private sector is one of creative control versus focus.
The ‘Intelligent Cities Initiative’, a wireless broadband pilot project created and implemented by the @Wales Digital Media Initiative, has been shortlisted in the ‘best public wi-fi product’ category of the international Wireless Broadband Innovation Awards, London, 20 April 2005.