The impact of converging technologies on regional innovation

Abstract

           The phenomenon of Convergence has been acknowledged as having a significant impact on development of S&T and ultimately on the quality of life. As the convergence is seen as desirable, policies have been put in place to enable it. On the other hand, in parallel in the past several decades, innovation has come to the attention of theorists and business managers alike as being crucial to economic development.  National Innovation Systems and Regional Innovation Systems have been over the past decade analysed and measured mostly from the point of view of resources, institutions and knowledge transfer programs. There exists a relative lack of robust methods to analyse RIS and NIS as complex adaptive systems stretching across disciplines. Also there are no models either causality testing or prediction ones. The engineering of complex systems requires consideration of an intricate web of components and their interaction in diverse social and technical environments. Now-a-days the social, behavioural and economic sciences face extraordinary opportunities to address both next generation research challenges and today’s social demands. The main goal of all innovations is to create new wealth, build strong local, regional and national economies and improve the national well-being