Innovation Ecosystems and Regional Competitiveness: The Role of Knowledge Networks

Abstract

Innovation ecosystems have emerged as a key determinant of regional competitiveness in the knowledge-based global economy. By integrating firms, universities, research institutions, andgovernment agencies into interconnected knowledge networks, regions can stimulate technological progress, attract investments, and enhance economic resilience. This paper examines how
knowledge networks serve as the backbone of innovation ecosystems, promoting collaboration, idea diffusion, and entrepreneurial growth. Drawing upon examples from Pakistan’s emerging innovation hubs, the study emphasizes the strategic importance of fostering regional knowledge linkages, supporting research commercialization, and developing inclusive policies that integrate academia–industry partnerships. The findings reveal that the strength of knowledge networks directly correlates with a region’s capacity to generate, absorb, and apply innovation, positioning them as critical levers for sustainable competitiveness.