This book is about innovation ecosystems, Clusters of Innovation (COI) and the Global Networks of Clusters of Innovation (GNCOI) they naturally form. What is innovation and why is it important to us? Innovation is nothing less than the ability for constructive response and adaptation to change. The cause and catalyst for that change is frequently identified as technology and its unceasing pressure to improve on existing solutions and address unmet needs. The last decade has painfully demonstrated that exogenous environmental shocks are also sources of change that call for innovative responses, ranging from the obvious challenges such as global warming and Covid-19 to the more subtle social and political perturbations of our time.

Entrepreneurs, in collaboration with venture investors and major corporations can create a flywheel of constructive engagement, a cluster of Innovation, that helps build the resiliency of our communities to adsorb and rebound from these shocks. The process is enhanced when actively supported by government, universities, and other elements of the ecosystem. This book provides the tools for understanding this value creation process and the means to enhance it, in both emerging and mature innovation ecosystems.

This book provides a framework for understanding innovation in mature and emerging innovation ecosystems to a wide swath of professionals and academics, from senior executives of major corporations, government leaders, public policy makers, and consultants, to academics, researchers, and educators.

About the Author
Edited by Jerome S. Engel, University of California, Berkeley, US

Reviews
'Governments world-wide are seeking to encourage the growth of new ventures. Making this task harder is the fact that entrepreneurship is undoubtedly an "increasing returns" activity: the presence of nearby high-growth ventures increases the innovation and success of a new business. This volume presents a fascinating series of country-specific "case studies" that show the potential and challenges associated with growing entrepreneurial clusters.' -- Josh Lerner, Harvard Business School, US
'Professor Jerome Engel has updated, expanded, and extended his Clusters of Innovation framework in this new book. There are fresh ideas about culture and behavior in these clusters. There are new regions included. And there is an extension to a non-geographic cluster built around a business model instead of a location. Anyone wishing to gain new insights into what makes the Silicon Valley cluster of innovation work will find this new volume an essential resource.' -- Henry Chesbrough, University of California, Berkeley, US and Luiss University, Rome, Italy
'How do entrepreneurs, risk capital and corporate Innovation strategy come together to form an innovation cluster? Clusters of Innovation in the Age of Disruption provides a framework for understanding how this happens. This essential text updates the innovation cluster framework and provides a series of case studies on urban clusters and national strategies. Insightful, intuitive and intelligent - Clusters of Innovation in the Age of Disruption is a guide to creating value out of chaos.' -- Steve Blank, Stanford University, US



Book Information
ISBN 9781035312146
Author Jerome S. Engel
Format Paperback
Page Count 480
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd