Theoretical Study Of The Regional Innovation System

In the era of knowledge economy, knowledge capital has been the basic elementfor the survival and development of a country, region or economic organization.Instead of depending on the size and stock of resources, capital or technology, thesustained prosperity of economy hinges upon the knowledge capital increment, whichis produced during the production, spreading and accumulation of knowledge,technology and information. Moreover, the development of regional innovationsystem has been paid great attention in academic and political world during theprocess of economic globalization. Therefore, systemic innovation of knowledgecapital becomes the important engine driving the continuous development ofsocio-economy.Regional Innovation System, rooting in a knowledge flow domain, is aknowledge network system. It is composed of enterprises, universities and researchinstitutions, intermediary service institutions and government, which participate in thetechnological innovation and technology diffusion. The system creates, storages, usesand transfers knowledge, skills and new products, through the government behaviorand the system specification. Meanwhile, knowledge is considered as the basic motiveof the regional innovation system and obviously accelerating knowledge’s production,diffusion and the materialization can be the primary objective to promote theevolution of regional innovation system. This process is contributed to a path, thatinnovation elements converging to innovation subjects, innovation subjects closing topath, that innovation elements converging to innovation subjects, innovation subjectsclosing to innovation pole, innovation poles evolving to innovation pole-symbioticand several symbiotic formatting regional innovation system, and the path reflects theinternal mechanism that microscopic innovation activities build up as macroscopicinnovation system. In system’s evolution process, innovation organization quantity,scale and outer environment keep changing, and finally effects on regional economic development by means of knowledge capital’s formation, diffusion and use. In itsnature, the evolution of regional innovation system is the substance elements andknowledge capital’s multi-level and multi-channel allocation process in a certainsocial economic relationship network, and the evolutionary path from hatching,growth, maturity, until recession or continuous innovation is the process substanceelements and knowledge capital realize innovation and their value through innovationsystem. To certain extent, this process reflects the inner mechanism of the innovationsystem on the macro level.The regional innovation system generating and evolving are the result of acombination of "internal driving power "and "external impetus". The game of twoforces determines the way of the formation of the regional innovation system. Thedifferences of initial state and evolvement path in innovation system are the root ofmechanism differences in regional innovation system. The style of innovativeorganizations’ interaction and communication in a regional innovation system is thespecific practices, which is hard to replicate. From the point of views of systematicevolution and government behavior, discussing the roles of "internal driving " and"external impetus" in the formation and development of regional innovation system,comparing the difference of different innovation systems, Which are conductive toestablishing multiple and multilevel regional innovation systems. Infinite pursuit ofproduction system to commodity value and consumption system to commodity usevalue gives regional innovation system great power for continuously development andintegral transition.The enhancement of innovation system’s growth and innovation ability is thekey factor to establish multiple and multilevel regional innovation system is. As weknow, the essence of innovation is the intellectual capitalization. knowledge diffusionand knowledge spillovers determined that the growth and the evolution of regionalinnovation system. Therefore, to combine micro and macro, not only examined theknowledge capital and the intellectual capitalization, but also disclosed the effect ofindustrial cluster knowledge spillovers to the growth of regional innovation.According the result, the paper summarized the whole study and drew a basic conclusion, which laid a sound foundation for the theoretical study of the regionalinnovation system. Meanwhile aiming at the healthy growth of the regionalinnovation system, it brings forward corresponding developing strategy.