This paper presents the views of key policy makers concerning innovation and entrepreneurship in Wales. The development of innovation in SMEs and the policy implications for economic regeneration are also analysed. The role of a variety of actors (including users and suppliers) is considered, as is the impact of networks of SMEs linked together in patterns of cooperation and affiliation. Qualitative research methods include policy literature analysis, an interview survey and a discussion of the policy implications for the economic regeneration of Wales. In light of the results of the study, the authors set out the key points of significance for innovation, entrepreneurship, higher education and economic regeneration policy making in Wales.
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