Scientific ideas and innovative behavior

Albert Link

Chapter 56 in Elgar Encyclopedia on the Economics of Knowledge and Innovation, 2022, pp 445-451 from Edward Elgar Publishing

Abstract: A common paradigm in the technology and innovation literature is one that associates levels of investment in R&D with innovative behavior and economic progress and growth. However, this paradigm implicitly assumes that when increased investments in R&D result from public sector technology-based initiative then the recipient firms or public sector agencies will allocate those funds to creative new projects as opposed to more-of-the-same projects. For the allocation new R&D resources to be more effective in generating new technologies and enhanced innovative behavior, an understanding of the genesis of new scientific ideas is paramount. However, there is only a limited body of literature on the nexus between scientific ideas and innovative behavior, and this paper characterizes that literature and offers a solution for better informed technology policies.

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781839106996/9781839106996.00061.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19760_56

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().