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REGIONAL INNOVATION SYSTEM FAILURES AND HIGHLIGHTSKeywords: Regional Economic Activity: Growth , Development , and Changes , Regional innovation policies , regional innovation metrics , regional innovation systems , innovation policy assessment Abstract: The systemic analysis of innovation conceives complex analytical frameworks, with intense socio-technological aspects of knowledge generation and encompasses a detailed analysis of system failures. These frameworks are not suitable for benchmarking a wide range of regions, due to low availability of such elaborate data sources. On the other hand, metric regional innovation micro data offer the opportunity for large-scale cross-regional benchmarking exercise illustrating mainly the market failures of the innovation systems although this type of analysis does not provide any detailed systemic envisioning. Is the combination of these two analytical approaches possible? This study presents the Interaction Intension Indicator (3I) analytical framework, analysing system failures and highlights of various regional innovation deployment patterns along with the analysis of the Romanian innovation system.
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