3.1. Common innovation infrastructure
Some of the most important investments and policy
choices that support innovative activity have broad impact
throughout an economy—these are the common
6 Our framework focuses on clusters (e.g. information technology)
rather than individual industries (e.g. printers) as spillovers
across industrial segments connect both the competitiveness and
rate of innovation towards this more aggregate unit of analysis.
In addition, while the current discussion focuses at the country
level, we could also conduct our analysis at the regional level,
with potentially important insights, as many of the most dynamic
industrial clusters seem to be quite local in nature (Porter, 1990,
1998).