The Choice of Innovation Policy Instruments

Susana Borrás () and Charles Edquist

No 2013/4, Papers in Innovation Studies from Lund University, CIRCLE - Centre for Innovation Research

Abstract: The purpose of this article is to discuss the different types of instruments of innovation policy, to examine how governments and public agencies in different countries and different times have used these instruments differently, to explore the political nature of instrument choice and design (and associated issues), and to elaborate a set of criteria for the selection and design of the instruments in relation to the formulation of innovation policy. The article argues that innovation policy instruments must be designed and combined into mixes in ways that address the problems of the innovation system. These mixes are often called “policy mix”. The problem-oriented nature of the design of instrument mixes is what makes innovation policy instruments ‘systemic’

Keywords: Policy mix; innovation system; innovation policy instruments; governance; regulation; public policy (search for similar items in EconPapers)
JEL-codes: O30 O31 O32 O33 O38 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2013-02-15
New Economics Papers: this item is included in nep-ict, nep-ino, nep-ipr, nep-pr~, nep-knm and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (189)

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Related works:
Journal Article: The choice of innovation policy instruments (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:lucirc:2013_004

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