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This paper seeks to contribute to the literature on open innovation via the development of an index of open innovation that is much more complete than earlier work and allows the examination of open innovation across a variety of dimensions. The analysis is conducted using Community Innovation Survey (CIS) data for UK regions. The UK regions fall into four performance groups. The first group of open innovation leaders includes firms located in the regions of South East England, East England, and Wales, with innovation performance well above that of the UK average. The second group of open innovation followers includes firms located in the regions of East Midlands, West Midlands, South West England, and North East England, with an open innovation performance close to that of the UK average. The third group of moderate open innovators includes firms located in the regions of Northern Ireland and Yorkshire and The Humber. The final group of modest open innovators includes firms located in the regions of London and Scotland. [ABSTRACT FROM AUTHOR]

The aim of this research is to provide empirical evidence on the innovation performance of SMEs in an uncompetitive regional economy. Drawing on the latest available UK Innovation Survey, the study uses benchmarking analysis in order to identify the regional variations in innovation performance at the SME level to examine whether the innovation performance of differs across different regions and sectors. The analysis of the results can then be used as a reference point for the development of innovation policies within other uncompetitive regional economies. [ABSTRACT FROM AUTHOR]

An abstract of the research paper "Effectiveness and Importance of Innovation on Business Performance in an Uncompetitive Region: Evidence From High-Growth SMEs in Wales" by Aineias Gkikas, Dylan Jones-Evans, Niall MacKenzie is presented.