| Title |
Innovation Infrastructure Creation Policy Of North Carolina Authorities |
| ID_Doc |
31766 |
| Authors |
Oleg, YV |
| Title |
Innovation Infrastructure Creation Policy Of North Carolina Authorities |
| Year |
2012 |
| Published |
|
| DOI |
|
| Abstract |
The North Carolina innovation business development policy is a great example of successful governance, ''an American dream''. The state without sufficient advantages in the spheres of higher education and industry transferred its economy on innovation basis. But the greatest work was done by the government of the region and it is connected with the predominance of the Democratic Party members in the North Carolina political establishment. Almost all governors of the state who took their seats after the Second World War were Democrats. One of the components of their ideology is greater state regulation of economy and the North Carolina authorities acted as true Democrats, creating institutions of innovation business development. The creation of institutions, contributing to innovation policy of North Carolina began in 1950s. In 1956 the Research Triangle Park was created. Luther Hodges the Governor of North Carolina agreed with recommendations of business leaders and industrialists and signed the executive order, initiating the Research Triangle Project, an industrial park which transformed the state from the agrarian into the industrial one. There are three main channels of incentives for high-tech businesses: the structures created by the authorities, universities and business associations. But such system did not appear at once. At the beginning of innovation way to success the authorities determined the directions of state development in the sphere of science. To fulfill the task the North Carolina Board of Science and Technology was created in 1963. In the state there were three main types of technology: biotechnology, green energy and defence technologies. The position of high-tech business is represented by the NC Technology Association. It is an organization with established membership: representatives of big corporations take part in the work of the association and are simultaneously the sponsors. Politicians are invited to different events to discuss certain projects and legislations. In 1984 the North Carolina State Universities established Small Business and Technology Development Center. The unique structure of the university allows it to provide mentorship for high-tech businesses. North Carolina determined the priorities of innovation development, built the structure responsible for attracting investment to the emerging start-ups. The key of the state's success is the combination of the public-private approach in creation and functioning of this structure. |
| Author Keywords |
innovation development; entrepreneurship; authorities; North Carolina |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Emerging Sources Citation Index (ESCI) |
| EID |
WOS:000421512800017 |
| WoS Category |
Multidisciplinary Sciences |
| Research Area |
Science & Technology - Other Topics |
| PDF |
|