Innovation policy: what, why, and how
During the last two to three decades policy-makers have increasingly became concerned about the role of innovation for economic performance and, more recently, for the solution of challenges that arise (such as the climate challenge). The view that policy may have a role in supporting innovation has...
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| Published in: | Oxford review of economic policy Vol. 33; no. 1; pp. 2 - 23 |
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| Main Authors: | , |
| Format: | Journal Article |
| Language: | English |
| Published: |
Oxford University Press
01-01-2017
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| Online Access: | Get full text |
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| Summary: | During the last two to three decades policy-makers have increasingly became concerned about the role of innovation for economic performance and, more recently, for the solution of challenges that arise (such as the climate challenge). The view that policy may have a role in supporting innovation has become widespread, and the term innovation policy has become commonly used. This paper takes stock of this rapidly growing area of public policy, with particular focus on the definition of innovation policy (what it is); theoretical rationales (why innovation policy is needed); and how innovation policy is designed, implemented, and governed. |
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| ISSN: | 0266-903X 1460-2121 |
| DOI: | 10.1093/oxrep/grx001 |