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Innovation policies and instruments : With a demand-side emphasis

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Frame of Image mic, military, environmental, social, related to health, etc. • But they have to be ’translated’ into direct objectives, i.e. into into innovation terms = self-evident but rarely done. • An direct innovation policy problem is a low performance (output) of the innovation system = a low innovation intensity for a certain category of innovations for which the direct objective is a high intensity. • We ned to know the main causes of the problems. • The ultimate objectives are concerned with the consequences of innovations.
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Rationales for policy intervention
Two conditions must be fulfilled for public intervention to be motivated in a market economy: (1) (1) Private actors must fail to achieve the objectives formulated; i.e. a ’problem’ must exist. (2) Public actors must have the ability to solve or mitigate the problem.
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Problem identification
• An innovation policy problem is a low performance (output) of the innovation system = a low innovation intensity for a certain category of innovations (for which the direct objective is a high intensity). • Problems can be identified through comparative analyses between existing systems of innovation (over time and space) • Remember: Comparisons cannot be made with optimal systems! This is contrary to most policy analysis
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Most important things to do to design innovation policy = comparisons!
• The output of innovations PROPER:
Ø Can NOT be mesured by R&D expenditures! Ø Can NOT be measured by patents Ø Can only be measured as output


Full Text
Title Innovation policies and instruments
Similar Titles
Sub Title

With a demand-side emphasis

Material Type Proceedings
Author(English)

Edquist, Charles

Publisher

[Seoul]:KDI

Date 2013-06
Event

Global Industry and Economy Forum 2013

Pages 25
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding KDI; KDI School