From Economic Foundations to S&T Policy Tools: A Comparative Analysis of the Dominant Paradigms

Laurent Bach () and Mireille Matt ()
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Laurent Bach: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique
Mireille Matt: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique

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Abstract: The objective of this chapter is to analyze the economic rationale behind science and technology (S&T) policies. Reference will be made to concepts and ideas stemming from works in other fields, such as management sciences, sociology, etc. For the purpose of this analysis, we first identify the main theoretical frameworks on the basis of which innovation related phenomena are currently analysed in economic terms. Next, we identify for each framework, the justifications for State intervention as well as the main forms that this intervention might take.

Keywords: Policy Action; Market Failure; Cognitive Capacity; Public Action; Innovation Policy; Technology and state; Europe (search for similar items in EconPapers)
Date: 2005
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Published in Patrick Llerena; Mireille Matt. Innovation Policy in a Knowledge-Based Economy : Theory and Practice, Springer-Verlag, pp.17-45, 2005, 978-3-540-26452-1. ⟨10.1007/3-540-26452-3_2⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00279442

DOI: 10.1007/3-540-26452-3_2

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