Tag: local innovation system

As we strive to build a better future for our country, it is essential that we harness the power of innovation to drive progress. In this context, local innovation systems (LIS) play a crucial role in nation building by fostering entrepreneurship, creating new opportunities, and promoting economic growth. What is a Local Innovation System? A local innovation system is a complex adaptive system that combines businesses and non-market institutions in a specific area to create new products and services. LISs …