Year: 2017
Type: article
Abstract: 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.
Source: Oxford Review of Economic Policy
DOI: 10.1093/oxrep/grx001
Authors: Jakob Edler, Jan Fagerberg
Institutions: Aalborg University, University of Oslo, University of Manchester
Language: English
Topic: Innovation Policy and R&D
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W2586315688