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A New Direction for Technology-Based Economic Development

Richard A. Bendis, Richard S. Seline, Ethan J. Byler

Abstract

Accelerating innovation to drive economic growth is the foremost goal for technology-based economic development organizations today. Realizing this goal through programmes is challenged by limited and outdated operating models. The authors outline their 21st Century Innovation Intermediary model, which pairs commercialization with regional connectivity to accelerate innovation for regional economic growth.

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Available abstract

Key concepts: Commercialization, Innovation economics, Economic system, Economic model, Technology development, Business, Economics, Technology transfer