2017/01/01 by Jakob Edler, Jan Fagerberg · 5 citations
Business, Management and Accounting · Economics, Econometrics and Finance · #Innovation Policy and R&D #Innovation and Knowledge Management #University-Industry-Government Innovation Models
paper · pdf · doi:10.1093/oxrep/grx001
openalex publication_date 2017/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/01
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.