Regional Innovation: Federal Programs and Issues for Consideration
In recent years, Congress has increased support for economic development policies that incorporate a regional innovation systems (RIS) approach. RIS are composed of public and private sector partners, including educational and research institutions, investors, firms, economic development organizations, and entrepreneurs, among others. The RIS approach seeks to develop an ecosystem that fosters linkages between organizations so that a region may increase jobs, attract investment, and otherwise support economic development and related goals.
Publication by the Congressional Research Services, April 3, 2023
