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Innovation Policy for Knowledge Production and R&D: the Investment Portfolio Approach

Borrás, Susana LU and Charles, Edquist LU (2014) In CIRCLE Working Paper 2014(21).
Abstract
Who produces scientific and technical knowledge these days? What type of knowledge is being produced and for what purposes? Why are firms and governments funding research and development? This chapter studies the role of knowledge production (especially R&D activities) in the innovation process from an innovation system perspective. It examines how governments and public agencies in different countries and at different times have actually approached the issue of building, maintaining and using knowledge production in their innovation systems. It also examines the critical and most important issues at stake from the point of view of innovation policy, looking in particular at the unresolved tensions and systemic unbalances related to... (More)
Who produces scientific and technical knowledge these days? What type of knowledge is being produced and for what purposes? Why are firms and governments funding research and development? This chapter studies the role of knowledge production (especially R&D activities) in the innovation process from an innovation system perspective. It examines how governments and public agencies in different countries and at different times have actually approached the issue of building, maintaining and using knowledge production in their innovation systems. It also examines the critical and most important issues at stake from the point of view of innovation policy, looking in particular at the unresolved tensions and systemic unbalances related to knowledge production and last but not least, it elaborates a set of overall criteria for the selection and design of relevant policy instruments and addresses those tensions and unbalances. This chapter suggests that innovation policy develops a portfolio approach to the public investment in R&D and knowledge production. (Less)
Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Working paper/Preprint
publication status
published
subject
in
CIRCLE Working Paper
volume
2014
issue
21
publisher
CIRCLE, Lund University
language
English
LU publication?
yes
id
0528476f-ce19-4843-83e0-69dfd821ee8a
alternative location
https://swopec.hhs.se/lucirc/abs/lucirc2014_021.htm
date added to LUP
2020-04-07 19:18:56
date last changed
2020-04-08 11:53:53
@misc{0528476f-ce19-4843-83e0-69dfd821ee8a,
  abstract     = {Who produces scientific and technical knowledge these days? What type of knowledge is being produced and for what purposes? Why are firms and governments funding research and development? This chapter studies the role of knowledge production (especially R&D activities) in the innovation process from an innovation system perspective. It examines how governments and public agencies in different countries and at different times have actually approached the issue of building, maintaining and using knowledge production in their innovation systems. It also examines the critical and most important issues at stake from the point of view of innovation policy, looking in particular at the unresolved tensions and systemic unbalances related to knowledge production and last but not least, it elaborates a set of overall criteria for the selection and design of relevant policy instruments and addresses those tensions and unbalances. This chapter suggests that innovation policy develops a portfolio approach to the public investment in R&D and knowledge production.},
  author       = {Borrás, Susana and Charles, Edquist},
  language     = {eng},
  note         = {Working Paper},
  number       = {21},
  publisher    = {CIRCLE, Lund University},
  series       = {CIRCLE Working Paper},
  title        = {Innovation Policy for Knowledge Production and R&D: the Investment Portfolio Approach},
  url          = {https://swopec.hhs.se/lucirc/abs/lucirc2014_021.htm},
  volume       = {2014},
  year         = {2014},
}