An expert in management and regional development who holds a PhD from the Massachusetts Institute of Technology (MIT) Sloan School of Management, Jean-Jacques Degroof currently serves as a venture investor and teacher in the greater Benelux region of Europe. After obtaining his PhD, Jean-Jacques Degroof remained at MIT to conduct research in the Institute’s Industrial Performance Center (IPC), where he served as a researcher with the Local Innovation Systems Project.
As part of the IPC’s commitment to “innovation, productivity, and competitiveness,” the Local Innovation Systems Project is an international research partnership that took place from 2002 to 2005. This project was created to discover how local economic communities can not only survive but prosper in a rapidly changing global marketplace.
The Local Innovation Systems Project concentrated on the role that innovation plays in promoting business productivity and growth at the local level. It also examined how to create and sustain local environments that are attractive for innovation and that are able to retain innovative business organizations. The Local Innovation Systems Project published its findings in a 2005 summary report.