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- Title
Innovation policy: what, why, and how.
- Authors
Edler, Jakob; Fagerberg, Jan
- 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.
- Subjects
TECHNOLOGICAL innovation policy; TECHNOLOGICAL innovations &; economics; GOVERNMENT policy -- Social aspects; INNOVATION adoption; ECONOMIC policy
- Publication
Oxford Review of Economic Policy, 2017, Vol 33, Issue 1, p2
- ISSN
0266-903X
- Publication type
Article
- DOI
10.1093/oxrep/grx001