Innovation policy, national innovation systems and economic performance: In search of a useful theoretical framework

Jan Fagerberg

No 20150321, Working Papers on Innovation Studies from Centre for Technology, Innovation and Culture, University of Oslo

Abstract: Innovation policy has emerged as a new field of economic policy during the last few decades and it may be time to take stock of what is learnt and consider what the challenges for the theory and practice in this area are. The first section introduces the issue. Section 2 outlines the development of theoretical frameworks of innovation policies and considers the relationship between the assumptions underlying these frameworks and empirical evidence from innovation-surveys. Based on recent advances in innovation-systems theory, section 3 presents a synthetic framework for the analysis of innovation policy. Section 4 considers so- called “mission-oriented” innovation policies, i.e., policies aimed at solving particular social challenges. Finally, lessons and challenges for future work in this area are discussed.

Pages: 20 pages
Date: 2015-03
New Economics Papers: this item is included in nep-cse, nep-ino, nep-knm and nep-sbm
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Citations: View citations in EconPapers (5)

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