Innovation, business performance and regional competitiveness in the West Midlands: evidence from the

Focuses on exploring the extent and patterns of innovation in the West Midlands region, based primarily on data generated by the Price Waterhouse West Midlands Business Survey, a bi‐annual survey of around 1,000 businesses. Explores regional development and innovation within a framework developed by Camagni, which focuses on agglomeration economies and the creation of an innovative milieu within a regional economy. Suggests two methods to encourage innovation within the UK’s West Midlands region through support to associated expenditures (training and exporting). In the context of a rising currency the research suggests that innovating firms have a strategy to overcome adverse currency movements.

[1]  Lars Gelsing Innovation and the Development of Industrial Networks , 1992 .

[2]  Kim B. Clark,et al.  Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of , 1990 .

[3]  James M. Utterback,et al.  Mastering the Dynamics of Innovation , 1996 .

[4]  P. Romer Increasing Returns and Long-Run Growth , 1986, Journal of Political Economy.

[5]  C. Prahalad,et al.  Competing for the Future , 1994 .

[6]  Nathan Rosenberg,et al.  Perspectives on technology , 1977 .

[7]  D. Foray The secrets of industry are in the air: Industrial cooperation and the organizational dynamics of the innovative firm , 1991 .

[8]  Christopher Freeman,et al.  The economics of technical change , 1994 .

[9]  George F. Ray,et al.  The diffusion of mature technologies , 1984 .

[10]  M. Porter The Competitive Advantage Of Nations , 1990 .

[11]  Roberto Camagni,et al.  Innovation Networks , 1991 .

[12]  K. Pavitt Sectoral Patterns of Technical Change : Towards a Taxonomy and a Theory : Research Policy , 1984 .

[13]  Karin Wagner,et al.  Productivity and Vocational Skills in Services in Britain and Germany: Hotels , 1989, National Institute Economic Review.

[14]  Moses Abramovitz,et al.  Resources and Output Trends in the United States since 1870. , 1957 .

[15]  Karin Wagner,et al.  Productivity, Product Quality and Workforce Skills: Food Processing in Four European Countries , 1994, National Institute Economic Review.

[16]  H. Steedman,et al.  Productivity, Machinery and Skills: Clothing Manufacture in Britain and Germany , 1989, National Institute Economic Review.

[17]  R. Rothschild,et al.  Foundations of Corporate Success: How Business Strategies add Value. , 1996 .

[18]  Raphael Kaplinsky,et al.  Firm size and technical change in a dynamic context , 1983 .

[19]  Jari J. Ritsila Regional differences in environments for enterprises , 1999 .

[20]  E. KostShelton,et al.  Growth and development. , 1951, Ciba clinical symposia.

[21]  R. Camagni Development Scenarios and Policy Guidelines for the Lagging Regions in the 1990s , 1992 .

[22]  Thomas Mandeville,et al.  An information economics perspective on innovation , 1998 .

[23]  Tom R. Burns,et al.  The Management of Innovation. , 1963 .

[24]  D. Mowery,et al.  Inside the black box: The influence of market demand upon innovation: a critical review of some recent empirical studies , 1993 .

[25]  G. Dosi Sources, Procedures, and Microeconomic Effects of Innovation , 1988 .

[26]  M. Tushman,et al.  Technological Discontinuities and Organizational Environments , 1986 .

[27]  Vernon W. Ruttan,et al.  INDUCED INNOVATION, EVOLUTIONARY THEORY AND PATH DEPENDENCE: SOURCES OF TECHNICAL CHANGE* , 1997 .

[28]  H. Vos Trade and Industry , 1946 .

[29]  Bengt-Åke Lundvall,et al.  National Systems of Innovation: towards a theory of innovation and interactive learning London: Pint , 1995 .

[30]  R. Solow TECHNICAL CHANGE AND THE AGGREGATE PRODUCTION FUNCTION , 1957 .

[31]  James M. Utterback,et al.  Innovation, Competition, and Industry Structure , 1993 .

[32]  Samuel Hollander,et al.  The Sources of Increased Efficiency: A Study of DuPont Rayon Plants , 1965 .

[33]  Alfred Kleinknecht,et al.  Why do firms cooperate on R&D? an empirical study , 1992 .

[34]  K. Ohmae,et al.  The End of the Nation State: The Rise of Regional Economies , 1996 .

[35]  D. Maillat Territorial Dynamic, Innovative Milieus and Regional Policy , 1995 .

[36]  M. Tushman,et al.  Technological Discontinuities and Dominant Designs: A Cyclical Model of Technological Change , 1990 .

[37]  M. Kotabe,et al.  The role of strategic alliances in high‐technology new product development , 1995 .

[38]  T. Bovaird Managing Urban Economic Development: Learning to Change or the Marketing of Failure? , 1994 .

[39]  Paul Geroski,et al.  Do Innovating Firms Outperform Non Innovators , 1992 .