D epending on your purpose, there are multiple alternatives for visualizing regional innovation ecosystems. These visualizations are best seen within the context of a strategic purpose. In other words, “What strategic outcome are you trying to achieve and how would a drawing help you?”
This afternoon, I have been adapting a high level visualization initially presented in Phillip Cooke and Andrea Piccaluga’s book, Regional Economies as Knowledge Laboratories.
The purpose of this visualization is to explain the virtuous cycle that can develop between universities and business to accelerate innovation and technology development: the process of creating value from ideas.
The drawing underscores the insight that multiple pathways formed through innovating networks — or clusters — define the scope and productivity of this relationship between universities and business firms.