Innovation systems can be generally described as ‘a historically grown subsystem of the national economy in which various organizations and institutions interact with and influence one another in the carrying out of innovative activity’ (Balzat and Hanusch, 2004, p. 196)
Balzat, M. and Hanusch, H. (2004) ‘Recent Trends in the Research on National Innovation Systems’, Journal of Evolutionary Economics, 14, 197-210.
see also Technological Innovation Systems, National Systems of Innovation
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