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Full-Text Articles in Business

Maine’S Innovation Prospects: What The Research Can Tell Us, Linda Silka Jan 2014

Maine’S Innovation Prospects: What The Research Can Tell Us, Linda Silka

Maine Policy Review

The innovation literature suggests Maine faces a number of challenges. This overview article discusses this literature, noting how recent findings about boundary spanning point to the importance of both individual skills and group collaboration in innovation. It highlights the implications for policies that could jumpstart innovation, noting the importance of looking to history, looking across topics, looking across disciplines, looking to other states, and looking to other countries to avoid becoming too short-sighted and parochial in approaches.


R&D: Cornerstone Of The Knowledge Economy, Evan Richert Jan 2014

R&D: Cornerstone Of The Knowledge Economy, Evan Richert

Maine Policy Review

Maine has made progress toward achieving the goals set out 13 years ago in the State Planning Office’s publication “30 and 1000.” That publication projected that if 30 percent of the state’s adults had at least four-year degrees and if businesses, academia, and government were spending $1,000 per employed worker on research and development, Maine’s per capita income would reach the national average. The state still has a ways to go. Today it is estimated that the R&D threshold is about $1,600 per employed worker. Business will need to nearly double its effort to reach its share of the goal. …