We use a new, comprehensive database covering Swedish industry and service firms 1985-2002, to examine trends in the ratio between patenting and R&D (PR-ratio). There is a fall in PR-ratios in the long run (1985-2002) on the aggregate level and for all sectors. In general low-tech sectors...

Two stylized facts about innovations form the underlying motivation for this paper. First, various studies have found that innovations tend to be geographically concentrated. Secondly, innovation data based on patent counts indicate that most patents have very low economic value. It has also...

This study explores the value added contribution of informal investors in the entrepreneurial process, something that up to date has received very limited attention. By analyzing the life experience and career background of four informal investors the study examines the personal resources these...

Most of the studies about industrial clusters and innovation stress the importance of firms geographical proximity and their embeddedness in local business networks, as factors that positively affect their learning and innovation processes. More recently, scholars have started to claim that...

This paper argues the need to rethink the dominant theory on the spatial organization of creative industries. According to this theory, creative industries tend to locate in the largest metropolitan areas as this location, it is argued, constitutes an arena allowing for accessing face-to-face...

The aim of this paper is to compare the spatial patterns of innovation and knowledge linkages of a biopharmaceutical and an agro-food biotech cluster. Dissimilarities can be expected based on substantial differences in terms of historical technological regimes and sectoral innovation system...

In this paper we argue for the need of sector contextualization to achieve a better understanding of new venture activities aimed at commercializing university generated knowledge. From this perspective, we contend that an analysis of the creation of research-based spin-offs (RBSOs) must take...

Informal investors have been highlighted as important stakeholders for potential high-growth ventures. Extant empirical research provides evidence that they contribute not only with money but also bring added value in terms of providing their skills and experience to support the continued...

The focus in this paper is on industrial dynamics and its impact on energy systems.. We highlight some fundamental patterns of this long-term dynamics, using the Dahmenian concept ‘development blocks’, with ‘market widening’ and ‘market suction’, and discuss the implications for...

In this paper we have analysed how a territorially contextualized triple helix model can contribute to the formation of regional innovation systems. We have argued the need for changing target levels, towards a more systemic approach based on collective, community-based learning, as well as aim...