Doctoral student writing

Regional Value Generation Systems

  • School: Nottingham Business School
  • Starting: 2018
  • Funding: UK student / EU student (non-UK) / International student (non-EU) / Self-funded


The aim is to codify the process, identifying actions and priorities towards current development paths for priority sectors (e.g. biotechnology, energy, tourism, etc.) in different regions. The national innovation systems theory provides the theoretical framework that guided a series of studies. The findings demonstrate that the sustainable development of a technology- or science-based sector does not depend on the original priorities or directions, rather the level of consistency of those policies and their continuous movement towards a complete systemic value generation system. However, the selection of a path provides only limited scope for regional development. To exceed the limitations other approaches, need to be integrated into the policies (e.g. networked innovation). The realisation of this evolutionary strategy may lead even a small nation or underdeveloped region to succeed.

A systems Dynamics methodology is proposed to simulate different scenarios of development.


ANGELAKIS, A. and GALANAKIS, K., (2016), “A Science-Based Sector in the Making: the formation of the biotechnology sector in two regions”, Regional Studies, (published 20 Sept 2016), doi: 10.1080/00343404.2016.1215601
ASHEIM, B., ISAKSEN, A., 2002. Regional innovation systems: The integration of local ‘sticky’ and global ‘ubiquitous’ knowledge. Journal of Technology Transfer 27, 77-86.
ASHEIM, B., COENEN, L., 2005. Knowledge bases and regional innovation systems: Comparing Nordic clusters. Research Policy 34, 1173-1190. AUTANT-BERNARD, C., FADAIRO, M. AND MASSARD, N., 2013. Knowledge diffusion and innovation policies within the European regions: Challenges based on recent empirical evidence. Research Policy, 42, 196-210.
BRACZYK, H., COOKE, P., HEIDENREICH, M., 2004. Regional Innovation Systems: The Role of Governance in a Globalized World, 2nd ed. UCL Press, London.
CARLSSON, B., JACOBSSON, S., HOLMÉN, M., RICKNE, A., 2002. Innovation systems: analytical and methodological issues. Research Policy 31, 233-245.
CHRISTENSEN, J., 2010. The Role of Finance in National Systems of Innovation, in Lundvall, B. (Ed.), National Systems of Innovation: Toward a Theory of Innovation and Interactive Learning. Anthem Press, London, New York, pp. 151-172.
EDQUIST, C., (Editor), 1997, Systems of Innovation Approaches – their Emergence and Characteristics, in EDQUIST CHARLES, Systems of Innovation. Technologies, Institutions and Organizations, Pinter.


Dr Kostas Galanakis

Entry qualifications

An applicant for admission to read for a PhD should normally hold a first or upper second class honours degree of a UK university or an equivalent qualification, or a lower second class honours degree with a Master's degree at Merit level of a UK university or an equivalent qualification.

International students will also need to meet the English language requirements - IELTS 6.5 (with minimum sub-scores of 6.0). Applicants who have taken a higher degree at a UK university are normally exempt from the English language requirements. A research proposal (between 1,000 and a maximum of 2,000 words) must be submitted as part of the application.

For more information please visit the NTU Doctoral School – Research Degrees webpages.

How to apply

How to apply

Applications are accepted all year round.

Download an application form here.
Please make sure you take a look at our application guidance notes before making your application.

Further information on how to apply can be found on this page.

Fees and funding

This is a self-funded PhD opportunity.

Guidance and support

Further information on guidance and support can be found on this page.

Still need help?

Kostas Galanakis