 Innovation policyChapter 28 in Elgar Encyclopedia on the Economics of Knowledge and Innovation, 2022, pp 229-235 from Edward Elgar Publishing Abstract: Innovation policy is a relatively new field of politics. The term itself dates back to about 1980 but only became in frequent use around the turn of the century. Its increasing popularity is related to the spread of a broader, systemic understanding of innovation, the so-called innovation system approach, emphasizing the central role of innovation in economic development as well as the broad range of factors influencing it. Moreover, since innovation is about problem-solving, innovation - and policies affecting it - may also be highly relevant for the solution of grand challenges, e.g., the climate challenge. This paper analyses the implications of a broad, systemic perspective for innovation policymaking, highlighting e.g., the needs for a holistic analysis of factors influencing innovation, adequate analytical capabilities, and improvements in governance that contribute to better coordination and alignment of public policies (influencing innovation) across different parts (and levels) of government. Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19760_28 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.