Abstract
Focuses on exploring the extent and patterns of innovation in the West Midlands region, based primarily on data generated by the Price Waterhouse West Midlands Business Survey, a bi‐annual survey of around 1,000 businesses. Explores regional development and innovation within a framework developed by Camagni, which focuses on agglomeration economies and the creation of an innovative milieu within a regional economy. Suggests two methods to encourage innovation within the UK’s West Midlands region through support to associated expenditures (training and exporting). In the context of a rising currency the research suggests that innovating firms have a strategy to overcome adverse currency movements.
Subject
Business, Management and Accounting (miscellaneous),Business and International Management
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