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“Regional Innovation National Prosperity.”
Prepared for the U.S. Department of Commerce Economic Development Administration
Published May 2005
Regional Innovation, National Prosperity is a summary of the Regional Competitiveness Initiative as well as the proceedings of the National Summit on Regional Innovation, held in April 2005. Integrating the Council’s findings from the past two years and the conference discussions, this report identifies five key cross-cutting issues faced by regions seeking to build innovation-based strategies and suggests potential responses to these challenges.
The five common challenges to regional innovation are:
- Promoting Regionalism
- Building and retaining talent
- Transitioning to advanced manufacturing
- Networking knowledge assets
- Energizing the entrepreneurial economy