Received:
2022-09-20 | Accepted:
2023-01-17 | Published:
2023-03-30
Title
Assessment of the innovation potential of the selected regions
Abstract
Assessment of innovation potential is becoming an increasingly urgent problem. Many scientists and researchers are interested in this issue, alas, evaluate innovation potential differently. Some scholars emphasize resources, while others think about the achieved result. Another group of researchers focus on the transition process from resources to results while evaluating innovation potential. This paper attempts to integrate the three basic approaches (resource, process and resulting) and suggest a combination of known innovation potential assessment methods. The author claims that the innovation development goal is the result (abilities) and initial resources (opportunities) and stresses a process of transformation into an innovative product. The author offers an original definition of the innovation potential of a region. Complex evaluation with the sum method leads to an original integral indicator. Selected geographical areas are grouped into quintiles; the obtained results are depicted on maps for more convenient perception and visualization. The obtained results are interpreted, and policy implications are suggested.
Keywords
innovation, innovation potential, innovation potential evaluation methods, Latvia, Lithuania, other neighbouring countries
JEL classifications
O11
, O31
, R11
URI
http://jssidoi.org/jesi/article/1051
DOI
Pages
22-43
Funding
The article was developed within the ESF project No. 8.2.2.0/20/I/003 "Strengthening the Professional Competence of the Academic Staff in the Fields of Strategic Specialization of Daugavpils University, Round 3".
This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
References
Agarwal, R., Green, R., Patterson, E., & Pugalia, S. (2022). Innovation. ISBN: 9780429346033 http://doi.org/10.4324/9780429346033
Search via ReFindit
Andriushchenko, K., Liezina, A., Vasylchak, S., Manylich, M., Shterma, T., & Petrynyak, U. (2022). Management of the Development of the Innovative Potential of the Region. Tem Journal-Technology Education Management Informatics, 11(1), 339-347. http://doi.org/10.18421/TEM111-43
Search via ReFindit
Ayvazyan, S.A. (2005). Razrabotka i analiz integralnyh indikatorov kachestva zhizni naseleniya Samarskoy oblasti. Moskva: TSEMI RAN.
Search via ReFindit
Birkner, Z., Meszaros, A., & Szabo, I. (2022). Handling regional research, development and innovation (RDI) disparities in Hungary: New measures of university-based innovation ecosystem. Regional Statistics http://doi.org/10.15196/RS120402
Search via ReFindit
Bychin, V.B. (2022). Innovative potential of the organization's personnel: opportunities and prospects. http://doi.org/10.33920/pro-3-2201-01
Search via ReFindit
Carlström, E. (2022). Collaborative Leadership and Innovation. Strategy for innovation. Edition 1st Edition. Imprint Routledge, p.16 eBook ISBN 9781003211655 http://doi.org/10.4324/9781003211655-10
Search via ReFindit
Chehabeddine, M. R., Grabowska, S., & Adekola, A. F. (2022). Building a model for securing regional development from ecological threats. Insights into Regional Development, 4(2), 22-40. https://doi.org/10.9770/IRD.2022.4.2(2)
Search via ReFindit
Davies, A., Gann, D., & Douglas, T. (2009). Innovation in Megaprojects: Systems Integration at London Heathrow Terminal 5. California Management Review, 51(2), 101–126. https://doi.org/10.2307/41166482
Search via ReFindit
Drucker, P. (2009). Business and Innovation. Moscow: I.D.Vilyams.
Search via ReFindit
Erdin, C., & Caglar, M. (2022). National innovation efficiency: a DEA-based measurement of OECD countries. International Journal of Innovation Science Early Access MAY 2022 http://doi.org/10.1108/IJIS-07-2021-0118
Search via ReFindit
European Innovation (2021). European Innovation Council and SMEs Executive Agency (EISMEA). European Capital of Innovation Awards (iCapital) 2021: discover this year’s semi-finalists! Available: Accessed 12.08.2022 https://eismea.ec.europa.eu/news/european-capital-innovation-awards-icapital-2021-discover-years-semi-finalists-2021-09-02_en
Search via ReFindit
Farrow, R. (2021). The innovation potential of open educational resources. Conference: 14th annual International Conference of Education, Research and Innovation. http://doi.org/10.21125/iceri.2021.1931
Search via ReFindit
Franco, D., Segers, J., Herlaar, R., & Richt Hannema, A. (2022). Trends in Sustainable Energy Innovation - Transition Teams for Sustainable Innovation. Journal of Innovation Management, 10(2), 22-47. http://doi.org/10.24840/2183-0606_010.002_0002
Search via ReFindit
Freeman, C. (2017). The Economics of Industrial Innovation. Abingdon: Routledge.
Search via ReFindit
Fukuda, K., Watanabe, C. (2012). Innovation Ecosystem for Sustainable Development, Sustainable Development - Policy and Urban Development - Tourism, Life Science, Management and Environment (478).
Search via ReFindit
GII (Global Innovation Index). (2021). Available: Accessed 30.08.2022 https://www.wipo.int/edocs/pubdocs/en/wipo_pub_gii_2021.pdf
Search via ReFindit
Heilala, J. (2022). A full range of innovation leadership supports global innovativeness. Innovation in the Era of Climate Change. Hamburg, Germany. Available: Accessed 28.07.2022 https://www.researchgate.net/publication/362143351_A_FULL_RANGE_OF_INNOVATION_LEADERSHIP_SUPPORTS_GLOBAL_INNOVATIVENESS
Search via ReFindit
Hudakova, J., Fila, M., & Marosh, M. (2018). Innovation Potential of the Regions in the Slovak Republic. Nitra. Available: Accessed 10.03.2022 https://www.researchgate.net/publication/324803643_Innovation_Potential_of_the_Regions_in_the_Slovak_Republic
Search via ReFindit
Langham, J., & Paulsen, N. (2020). Innovation Potentiality: Measuring Organisational Innovation Potential in the Canadian Public Sector. Academy of Management Annual Meeting Proceedings 2020, 1, 18077 http://doi.org/10.5465/AMBPP.2020.18077abstract
Search via ReFindit
Law of Republic of Belarus 154-3 “On the administrative and territorial division and the procedure for solving the issues of the administrative and territorial organization of the Republic of Belarus”. (1998). Minsk.
Search via ReFindit
Law of Republic of Lithuania No I-558 “Law on the Territorial Administrative Units and their Boundaries”. (1994). Vilnius.
Search via ReFindit
Liu, P., & Shao, Y. (2022). Innovation and new business formation: the role of innovative large firms. Small Business Economics, 59(2), 1-30. http://doi.org/10.1007/s11187-022-00603-y
Search via ReFindit
Lukjanska, R. (2014). Inovacijas kapacitates analize Latvija Eiropas regiona valstu konteksta. Jelgava.
Search via ReFindit
Lunarski, J., & Stadnicka, D. (2007). Metoda samooceny potencjalu innowacyjnego organizacji. Technologia i Automatyzacja Montazu, 7, 37-41.
Search via ReFindit
Maâlej, A. (2022). The role of entrepreneurship and innovation in the environmental and economic dimensions of growth. Insights into Regional Development, 4(2), 85-95. https://doi.org/10.9770/IRD.2022.4.2(7)
Search via ReFindit
Matveykin, V.G., Dvoretskiy, S.I., Min'ko, L.V., Tarov, V.P., Chaynikova, L.N., & Letunova, O.I. (2007). Innovatsionnyy potentsial: sovremennoye sostoyaniye i perspektivy razvitiya. Monografiya. Moskva: Mashinostroyeniye-1. https://tstu.ru/book/elib/pdf/2007/dvorez.pdf
Search via ReFindit
Mensch, G. (1979). Stalemate in Technology: Innovations Overcome the Depression. New York.
Search via ReFindit
Mikelsone, E., Spilbergs, A., Volkova, T., & Liela, E. (2022). Idea Management Systems in Developing Innovation Capacity. International Journal of Innovation and Technology Management, 19(3), Article Number 2240001 http://doi.org/10.1142/S0219877022400016
Search via ReFindit
Ministerstvo obrazovaniya Respubliki Belarus (2020). Mezhvuzovskiy tsentr marketinga nauchno-issledovatelskikh razrabotok. Belorussko-Kitayskiy innovatsionnyy tsentr, BGU. Available: Accessed 30.08.2022 https://icm.by/centry-dvukhstoronnego-sotrudnichestva/belorussko-kitayskiy-innovacionnyy-centr-bgu
Search via ReFindit
Nikina-Ruohonen, A. (2022). Innovation. Routledge, p.12 eBook ISBN 9780429346033 http://doi.org/10.4324/9780429346033-13
Search via ReFindit
Nikolayev, A.I. (2001). Innovatsionnoye razvitiye i innovatsionnaya kul'tura. Nauka i naukoznaniye, (5/01), 54-65. http://vasilievaa.narod.ru/9_5_01.htm
Search via ReFindit
Order of the Cabinet of Ministers No. 911 of 07.12.2021 “About the statistical regions of the Republic of Latvia and the administrative units included in them”. (2021). Riga.
Search via ReFindit
Poznanska, K. (1998). Uwarunkowania innowacji w malych i srednich przedsiebiorstwach. Warszawa: Dom Wydawniczy ABC.
Search via ReFindit
Repeshko, A. (2022). The concept of innovation potential and methods of its management. Business Strategies, 10(2), 47-49. http://doi.org/10.17747/2311-7184-2022-2-47-49
Search via ReFindit
Sangadiyev, Z.G., & Ayusheva, L.A. (2006). Otsenka innovatsionnogo potentsiala regiona. Vestnik Sibirskogo Gosudarstvennogo Aerokosmicheskogo Universiteta, 5, 211-215. https://cyberleninka.ru/article/n/otsenka-innovatsionnogo-potentsiala-regiona-3
Search via ReFindit
Santo, B. (1990). Innovatsiya kak sredstvo ekonomicheskogo razvitiya. Moskva: Progress. ISBN 5-01-002034-3 https://search.rsl.ru/ru/record/01001552007
Search via ReFindit
Sawalkar, A.S., Shinde, T.R., Mali, M.M., Parlikar, M.A., & Mortale, S.L. (2022). Innovations in Nanotechnology. ISBN: 2581-9429 http://doi.org/10.48175/IJARSCT-5101
Search via ReFindit
Schlesinger Jr., A. (1986). Cycles of American History. Boston: Houghton Mifflin.
Search via ReFindit
Schumpeter, J.A. (1939). Business Cycles: a Theoretical, Historical, and Statistical Analysis of the Capitalist Process. Oxford: Oxford University Press.
Search via ReFindit
Sheffield, R., Kars Unluoglu, S., & Jarvis, C. (2022). Climate for innovation. In book: Innovation (pp.40-60). Available: Accessed 28.07.2022 https://www.researchgate.net/publication/361913773_Climate_for_innovation
Search via ReFindit
Shvets, V. Y., & Dubiei, Y. V. (2021). Management of innovative potential of Ukrainian industrial enterprises. Economic Bulletin of Dnipro University of Technology http://doi.org/10.33271/ebdut/76.106
Search via ReFindit
Shvindina, H., Taraniuk, L., Kotenko, S., Abayomi, A., Taraniuk, K., & Qiu, H.Z. (2022). Cross-Country Analysis of Competitiveness towards Innovation Potential Assessment for Industrials. Journal of Eastern European and Central Asian Research, 9(2), 165-182. http://doi.org/10.15549/jeecar.9i2.711
Search via ReFindit
Sinclair-Desgagne, B. (2022). Measuring innovation and innovativeness: a data-mining approach. Quality & Quantity, 56(1), 1-20. http://doi.org/10.1007/s11135-021-01231-6
Search via ReFindit
Twiss, B. (1989). Managing technology for competitive advantage: integrating technological and organizational development: from strategy to action. Trans-Atlantic Publications.
Search via ReFindit
Waldron, T. L., & Wetherbe, J. C. (2020). Which innovations should you keep when the crisis is over? Entrepreneur & Innovation Exchange http://doi.org/10.32617/515-5eb2ec4445258
Search via ReFindit
White, J. C. (2022). A Theory of Art Innovation. In book: Innovation in the Arts, pp. 22-43. ISBN: 9781003142393 http://doi.org/10.4324/9781003142393-3
Search via ReFindit
Whitfield, P. (1979). Innowacje w przemyśle. Transl. by T. Mroczkowski. Warszawa: Państwowe Wydawnictwo Ekonomiczne.
Search via ReFindit
Zhits, G.I. (2007). Strategiya innovatsionnogo razvitiya promyshlennykh predpriyatiy: podkhody k formirovaniyu. Problemy sovremennoy ekonomiki: investitsii, innovatsii, logistika, trud, 25-31.
Search via ReFindit
RSS 1.0
