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- Title
An evolutionary model of innovation policy: conceptualizing the growth of knowledge in innovation policy as an evolution of policy alternatives.
- Authors
McKelvey, Maureen; Saemundsson, Rögnvaldur J
- Abstract
Our purpose is to propose a conceptual model of the growth of knowledge in innovation policy making. We explicitly draw upon evolutionary economics to conceptualize learning as an evolutionary process of the growth of knowledge about policy problems and their solutions. Our model points to the central role of the variation and selective retention of policy alternatives and contributes to the current debate about how to build capacity through and for mission-oriented innovation policies, to address grand social challenges.
- Subjects
TECHNOLOGICAL innovation policy; EVOLUTIONARY economics; POLICY sciences; ECONOMIC development &; the environment; VENTURE capital
- Publication
Industrial & Corporate Change, 2018, Vol 27, Issue 5, p851
- ISSN
0960-6491
- Publication type
Article
- DOI
10.1093/icc/dty035