National innovation systems refer to the networks of institutions, organizations, and policies that contribute to the development, diffusion, and utilization of innovations within a country. This concept emphasizes the importance of collaboration among various stakeholders, including government, universities, and private sector firms, in fostering innovation and economic growth. It highlights how the effectiveness of these interactions shapes a nation’s competitive advantage and overall economic performance.
congrats on reading the definition of National Innovation Systems. now let's actually learn it.