Innovation Policy: What, Why & How

Jakob Edler and Jan Fagerberg
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Jakob Edler: Manchester Institute of Innovation Research, Alliance Manchester Business School, The University of Manchester

No 20161111, Working Papers on Innovation Studies from Centre for Technology, Innovation and Culture, University of Oslo

Abstract: During the last two-three decades policy-makers have increasingly became concerned about the role of innovation for economic performance and, more recently, for the solution of challenges that arise (such as the climate challenge). The view that policy may have a role in supporting for innovation has become widespread, and the term innovation policy has become commonly used. This paper takes stock of this rapidly growing area of public policy, with particular focus on the definition of innovation policy (what it is); theoretical rationales (why innovation policy is needed); and how innovation policy is designed, implemented and governed.

Pages: 28 pages
Date: 2016-11
New Economics Papers: this item is included in nep-cse, nep-env, nep-ino and nep-ppm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Journal Article: Innovation policy: what, why, and how (2017)
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