Revue Finance & marchés
Volume 3, Numéro 1, Pages 25-52
2016-03-01

Innovation Systems In The Twenty-first Century: Toward The Mergence Of “democratic Competitiveness.

Authors : Dekkiche Mokhtar .

Abstract

Abstract: The main characteristics of the recent era is the growing importance of Information and Technology of Communication (ITC) which invades various aspect of life. Yet, according to Schwab (2015) a new industrial revolution is to be born in the near future, as a result of ITC pressure. This is true once we take in consideration that IT are changing the way supply and demand interact each other to generate new products. Their interaction creates what is known as the Quadruple Helix of innovation, in which not only supply side are called to produce, demand side are welcomed in the conception of new products. As a result competitiveness is said to be democratic. This paper shows that through the development of the innovation systems, since the nineties, there is a tendency to create competitive advantages, which receive the approval of various actors and lead to the emergence of “Democratic Competitiveness”.

Keywords

Innovation System, Quadruple Helix,