Innovation and external knowledge sources in knowledge intensive business services (KIBS): evidence from de-industrialized UK regions

Savic, Maja, Lawton-Smith, H. and Bournakis, Ioannis ORCID: https://orcid.org/0000-0002-7065-9316 (2020) Innovation and external knowledge sources in knowledge intensive business services (KIBS): evidence from de-industrialized UK regions. Entrepreneurship & Regional Development . ISSN 0898-5626 (Published online first) (doi:10.1080/08985626.2020.1789751)

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Abstract

This paper explores the effect of external knowledge sources and the uneven geography on innovation activity in small Knowledge Intensive Business Services (KIBS). It draws on results from a survey of 342 small and medium (SME) KIBS located in the UK’s North East and West Midlands, both de-industrialised regions. It is shown that innovation is supported by knowledge gained from frequent interaction with customers both regional and UK based as well as international. More frequent interaction with local business networks, informal contacts and national licensing arrangements also enhances innovativeness. Various industry-specific business networks and regional government agencies act as important sources of knowledge and networking and these are more important for KIBS located in the North East. The results indicate that more frequent collaboration with regional universities and regional public sector organisations does not benefit KIBS from either region. Also, while we acknowledge a positive effect of R&D on KIBS innovativeness we argue that its effect is less important compared to regional and extra regional knowledge sources.

Item Type: Article
Keywords (uncontrolled): KIBS; innovation; external knowledge; knowledge networks; de-industrialised regions; R&D; policy
Research Areas: A. > Business School > Economics
Item ID: 30609
Notes on copyright: This is an Accepted Manuscript of an article published by Taylor & Francis in Entrepreneurship & Regional Development on 07 Jul 2020, available online: http://www.tandfonline.com/10.1080/08985626.2020.1789751
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Depositing User: Ioannis Bournakis
Date Deposited: 01 Jul 2020 11:26
Last Modified: 01 Aug 2020 12:22
URI: https://eprints.mdx.ac.uk/id/eprint/30609

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