Innovation cluster as the national competitiveness tool in the innovation driven economy
by Hsien-Chun Meng
International Journal of Foresight and Innovation Policy (IJFIP), Vol. 2, No. 1, 2005

Abstract: From the technology development perspective, the emergence of the innovation service industry and the so-called 'technology-holding' companies are expected in an innovation driven economy. These are the key ingredients of the innovation cluster and could be considered as the core element of a national innovation system. This paper takes a conceptual approach to the way innovation clusters are generated and presents a modified fifth generation thinking of the innovation process to explain what it is. An analytical method has been developed to investigate the technology insights and propose the 'appropriate' technology strategy. Finally, a Hsin Chu Model is presented to demonstrate how such an innovation cluster is formed under the impact of nanotechnology wave.

Online publication date: Fri, 19-Aug-2005

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