"The Local Innovation Systems Project, an international research partnership based at the Industrial Performance Center (IPC) at MIT, is addressing a central issue now confronting industrial practitioners and economic policymakers throughout the world: How can local economic communities survive and prosper in the rapidly changing global economy?
Our particular focus is on the role of innovation – in products, services, and processes – in promoting productivity growth and competitive advantage at the local and regional levels. National and local governments around the world, as well as other institutions with an interest in economic development, are greatly interested in creating and sustaining local environments that are attractive for innovation. Firms, too, recognize that their innovation performance is affected by their location."
Our particular focus is on the role of innovation – in products, services, and processes – in promoting productivity growth and competitive advantage at the local and regional levels. National and local governments around the world, as well as other institutions with an interest in economic development, are greatly interested in creating and sustaining local environments that are attractive for innovation. Firms, too, recognize that their innovation performance is affected by their location."
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