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Innovation Policy – A Systemic Approach

Charles, Edquist LU (2001) p.219-238
Abstract
Many innovations arise spontaneously as a result of the market mechanism and the actions of capitalist firms, but some, especially the more radical ones, require public intervention. The first part of this chapter discusses when such policy interventions might be necessary and why. The next section discusses selectivity in innovation policy. The last (main) section of the chapter discusses the general and specific policy implications of the new ‘system of innovation’ (SI) approach; this studies innovations as an endogenous part of the economy and has emerged only in the last decade or so. An SI can be defined as encompassing all the important factors that influence the development, diffusion, and use of innovations, as well as the... (More)
Many innovations arise spontaneously as a result of the market mechanism and the actions of capitalist firms, but some, especially the more radical ones, require public intervention. The first part of this chapter discusses when such policy interventions might be necessary and why. The next section discusses selectivity in innovation policy. The last (main) section of the chapter discusses the general and specific policy implications of the new ‘system of innovation’ (SI) approach; this studies innovations as an endogenous part of the economy and has emerged only in the last decade or so. An SI can be defined as encompassing all the important factors that influence the development, diffusion, and use of innovations, as well as the relations between these factors, which can be studied in a national, regional, or sectoral context. (Less)
Please use this url to cite or link to this publication:
author
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
host publication
The Globalizing Learning Economy : Major Socio-Economic Trends and European Innovation Policy - Major Socio-Economic Trends and European Innovation Policy
editor
Lundvall, B. Å. and Archibugi, D.
pages
219 - 238
publisher
Oxford University Press
ISBN
978-0-199-25817-8
DOI
10.1093/0199258171.003.0013
language
English
LU publication?
no
id
447aef27-0b94-47c5-9403-a63b32decd6c
date added to LUP
2020-04-05 21:41:33
date last changed
2020-04-06 11:43:09
@inbook{447aef27-0b94-47c5-9403-a63b32decd6c,
  abstract     = {{Many innovations arise spontaneously as a result of the market mechanism and the actions of capitalist firms, but some, especially the more radical ones, require public intervention. The first part of this chapter discusses when such policy interventions might be necessary and why. The next section discusses selectivity in innovation policy. The last (main) section of the chapter discusses the general and specific policy implications of the new ‘system of innovation’ (SI) approach; this studies innovations as an endogenous part of the economy and has emerged only in the last decade or so. An SI can be defined as encompassing all the important factors that influence the development, diffusion, and use of innovations, as well as the relations between these factors, which can be studied in a national, regional, or sectoral context.}},
  author       = {{Charles, Edquist}},
  booktitle    = {{The Globalizing Learning Economy : Major Socio-Economic Trends and European Innovation Policy}},
  editor       = {{Lundvall, B. Å. and Archibugi, D.}},
  isbn         = {{978-0-199-25817-8}},
  language     = {{eng}},
  pages        = {{219--238}},
  publisher    = {{Oxford University Press}},
  title        = {{Innovation Policy – A Systemic Approach}},
  url          = {{http://dx.doi.org/10.1093/0199258171.003.0013}},
  doi          = {{10.1093/0199258171.003.0013}},
  year         = {{2001}},
}