English, Article, Journal or magazine article edition: Contemporary Innovation Policy and Instruments: Challenges and Implications Anna J. Wieczorek; Marko P. Hekkert; Ruud E.H.M. Smits

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Bookmark: http://trove.nla.gov.au/version/211792
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Contemporary Innovation Policy and Instruments: Challenges and Implications
Author
  • Anna J. Wieczorek
  • Marko P. Hekkert
  • Ruud E.H.M. Smits
Physical Description
  • preprint
Notes
  • In this paper we review major theoretical (neoclassical economics, evolutionary, systemic and knowledge-based) insights about innovation and we analyse their implications for the characteristics of contemporary innovation policy and instruments. We show that the perspectives complement each other but altogether reveal the need to redefine the current general philosophy as well as the modes of operationalisation of contemporary innovation policy. We argue that systemic instruments ensuring proper organisation of innovation systems give a promise of increased rates and desired (more sustainable) direction of innovation.
  • systemic instruments, innovation policy, innovation theory, policy mix, innovation system, sustainability
  • RePEc:uis:wpaper:0912
Language
  • English
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