“…Therefore, many regions are trying to achieve an innovation environment that includes university spin-offs, initiatives for knowledge-based economic development, and boundary-spanning and partnerships between companies, government laboratories, and academic research groups (Etkowitz and Leydesdorff, 2000). The innovation support initiatives also include legislation changes, financial support, entrepreneurial development, and the establishment of new foundations, organizational forms, and programs (Etkowitz and Leydesdorff, 2000;Youtie and Shapira, 2008). For example, European policy initiatives aim to modernize the industrial base through the acceleration of innovation.…”