Stakeholder Collaboration for Inter-Industry Innovation Networks (Welding Center Example)

Countries that seek to develop leading edge technologies and products that drive economic growth need to develop the right environment where the highest growth probabilities are likely. A level of coordination between industry, government, academia and the community can foster these innovative networks. The more collaboration around shared interest, the more likely such network density will be deepened.

As an example, multiple stakeholders worked together in a bi partisan manner to develop a welding training center that will further current and future industries in Delta County.  There is a high likelihood it will have a positive impact on local wages and further awareness of the location as an international shipping destination and investment hot spot. Delta County Chamber FB

According to the study below creating a strong cluster requires a level of coordination to foster network density in a way that creates relational and structural embedding of inter-industry innovation networks. 

Research on the Impact of Inter-Industry Innovation Networks on Collaborative Innovation Performance: A Case Study of Strategic Emerging Industries.

As we further our example of a new welding center it influences labor availability, industry, wages, taxes, trades education, improved physical infrastructure, digital infrastructure and much more that creates an increase of activities that help to solidify network formation. In my theory there are social and industrial networks that engage in mirotransactions that can create whole new industries unseen when semi root related but different industries are interacting in the same economic organism (organism as a cluster made of micro transactions that are an extention of human characteristics, needs, abilities, motivations, etc. Furthering, Schumpeter Creative Destruction, sociological principles and firm theory).

Investment draw, tourism interest, and quality of life has consistently grown over the past few years as people collaborate for something bigger. The people and officials picked a northern star and started walking toward it and as they did the path became clearer (As a funny note to maybe be explained later Axis Mundi.) 

Shi, J., & Xiao, Z. (2024). Research on the Impact of Inter-Industry Innovation Networks on Collaborative Innovation Performance: A Case Study of Strategic Emerging Industries. Systems, 12(6), 211. https://doi.org/10.3390/systems12060211