The Spatial Scale of Innovation
This report was commissioned by the Ontario Ministry of Research and Innovation. It mainly examines the geography of patenting activity in Ontario and the spatial relationships between co-inventors. The lead the report was Juan Morales who is currently a PhD student in economics at the University of Toronto.
Key Findings
- Advanced economies depend increasingly on knowledge creation for growth and development, evidenced in an increase of patents granted.
- Collaboration has become a significant component of the process of innovation, especially in the ICT and Life Sciences industries.
- Both local and global knowledge links play an important role in the creation and diffusion of information.
- The geographic reach of Ontario’s knowledge network has widened, with strong links to many innovative regions outside of the province.
- Toronto and Ottawa are pivotal hubs of knowledge formation and distribution.
- The ICT and Life Sciences industries are essential to Ontario’s innovation system.
You can download the full report here:
Morales, JS, Spencer, GM, and Wolfe, DA. 2013. The Spatial Scale of Innovation: A look at the geography of knowledge in Ontario. The Ontario Ministry of Research and Innovation.
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Disruptive innovation, a term of art coined by Clayton Christensen, describes a process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors.
As companies tend to innovate faster than their customers’ needs evolve, most organizations eventually end up producing products or services that are actually too sophisticated, too expensive, and too complicated for many customers in their market.
If you are interested by more information, you can read my article on Disruptive innovation you can read at: http://worldofinnovations.net/2014/06/21/what-is-a-disruptive-innovation/