Summary
Summary Innovation Policy all lectures & all articles
- Course
- Institution
This document contains a summary of all lectures and all articles.
[Show more]
2 reviews
By: jipbroek • 8 months ago
By: anneranselaar • 2 year ago
Seller
Follow
jessederooij
Reviews received
Content preview
Innovation policy 2021 (GEO3-2225) Utrecht UniversityContents
1. Introduction to innovation policy landscape................................................................................... 3
1.1. Edler & Fagerberg (2017): Innovation policy: what, why and how ......................................... 3
1.2. Lecture 1 .................................................................................................................................. 5
2. Rationales for innovation policy ...................................................................................................... 6
2.1. Stiglitz (1998) Redefining the role of the state ....................................................................... 6
2.2. Lecture 2 .................................................................................................................................. 8
3. Policy instruments for innovation processes/systems .................................................................. 10
3.1. Flanagan et al. (2011) Reconceptualising the ‘policy mix’ for innovation ............................ 10
3.2. Lecture 3 ................................................................................................................................ 12
4. Mission-oriented innovation policy............................................................................................... 14
4.1. Mazzucato (2018) Mission-oriented innovation policies: challenges and opportunities ..... 14
4.2. Lecture 4 ................................................................................................................................ 18
5. History of Science and Innovation Policy ...................................................................................... 20
5.1. Perez (2009) Technological revolutions and techno-economic paradigms .......................... 20
5.2. Schot & Steinmueller (2018) Three frames for innovation policy ......................................... 22
5.3. Lecture 5 ................................................................................................................................ 24
6. Assignment .................................................................................................................................... 24
7. Science and higher education institute (HEI) policy ...................................................................... 25
7.1. (recommended) Rathenau industry seeking university ........................................................ 25
7.2. Lecture 7 ................................................................................................................................ 26
8. Regional innovation policy ............................................................................................................ 27
8.1. Foray (2018) Smart specialisation in mission-oriented policies ............................................ 27
8.2. Lecture 8 ................................................................................................................................ 29
9. Intellectual property and technical standards .............................................................................. 31
9.1. Bekkers (2018) Technical standards, property rights, and the age of grand societal
challenges .......................................................................................................................................... 31
9.2. Lecture 9 ................................................................................................................................ 33
10. Finance and innovation policy ................................................................................................... 35
10.1. Van Tilburg (2009) Finance innovation (exec. sum.) ......................................................... 35
10.2. Lecture 10 .......................................................................................................................... 36
11. Content discussion .................................................................................................................... 37
12. Demand driven and user innovation policies ............................................................................ 37
1
,Innovation policy 2021 (GEO3-2225) Utrecht University
12.1. Boon & Edler (2018) Demand, challenges and innovation ............................................... 37
12.2. Lecture 12 .......................................................................................................................... 41
13. Innovation policy evaluation ..................................................................................................... 41
13.1. Impact evaluation expert working group (2012)............................................................... 41
13.2. Lecture 13 .......................................................................................................................... 48
14. Industrial & innovation policy in the Netherlands .................................................................... 49
14.1. Rodrik (2004) Industrial policy for the 21st century .......................................................... 49
14.2. Lecture 14 .......................................................................................................................... 54
15. Presentations............................................................................................................................. 56
16. Future of innovation policy ....................................................................................................... 56
16.1. Martin (2016) Twenty challenges for innovation studies ................................................. 56
16.2. Lecture 16 .......................................................................................................................... 59
17. Entrepreneurship policy ............................................................................................................ 59
17.1. Stam (2015) Entrepreneurial ecosystems and regional policy .......................................... 59
17.2. Lecture 17 .......................................................................................................................... 62
2
,Innovation policy 2021 (GEO3-2225) Utrecht University
1. Introduction to innovation policy landscape
1.1. Edler & Fagerberg (2017): Innovation policy: what, why and how
What – three types of innovation policy
− Mission-oriented innovation policy: providing new solutions that work in practice to specific
challenges that are on the political agenda.
o All phases of innovation process important when designing and implementing policy
→ broad approach
− Invention-oriented innovation policy: focus on the R&D/invention phase → leaves possible
exploitation and diffusion of the invention to the market
o Narrow approach
− System-oriented innovation policy: focus on system-level features, e.g. the degree of
interaction between parts of the system or if a component of the system needs to be
improved. NIS
Why – theoretical rationales
− Market failure approach to innovation policy
o Theoretical background: mainstream economics
o Reasons why firms underinvest in R&D:
▪ Uncertainty
▪ Spillovers: Most important source of innovation is new knowledge.
Knowledge is public good → those who created the knowledge could not
fully appropriate it → not enough incentive to invest → underinvestment →
market failure
o Three types of policy instruments
▪ The state needs to invest in the public production of knowledge, i.e. in
universities etc. for basic research
▪ Subsidizing R&D in private firms. Also called additionality
▪ Strengthening IPR regime
o Easy to implement and simple but theoretically flawed:
▪ Even if market failure significantly depresses innovation activity, this does
not mean that governments are capable of improving it.
▪ Vague policy implications. E.g. what is the socially optimal level of R &D
investment?
▪ Information ≠ knowledge: having access to information (e.g.) and
understanding how things work can be very different. Market failure
approach does not include this. Tacit knowledge.
▪ This approach focuses on the early stages in the innovation process but later
stages are at least equally important and are often much more difficult.
− Innovation system approach to innovation policy (NIS)
o Theoretical background: innovation studies:
▪ Innovation not only depends on firms but also on the broader social and
economic environment. E.g., individual creativity, public policy, economic
institutions etc.
▪ Innovation is inherently multi-actor
3
, Innovation policy 2021 (GEO3-2225) Utrecht University
o How the environment can function as a resource or enabler for innovation → how
can policy contribute to this? → government should facilitate interactions in the
innovation system
o System failure: if the innovation system does not sufficiently provide for the
functions/processes/activities etc.
o Policy should not only focus on solving market failure (see before) but also on
systemic failure → a more holistic approach is needed
− Innovation, path dependency and policy
o Preserving the balance between variety-creation and selection
▪ Variety-creation: the source of long-run growth
▪ Selection: eliminating the least promising solutions causes efficiency
o Too much selection may cause path-dependency: difficult to change course later
o A problem with this approach is that countries may focus too much on their
dominant industries, thereby creating path-dependency and possibly restricting
upcoming industries
How – innovation policy in practice
Policy instrument: techniques developed in order to achieve goals set by policies
It is very difficult to measure the impact of individual policy instruments (context and time are
important etc.) → some call for systemic evaluations
Public innovation governance:
− Often through innovation agencies
o Across different countries these agencies have different levels of autonomy. While
strong involvement of government in the shaping of innovation policy may be a good
thing, lack of independence at the agency level may be a problem if it leads these to
be very risk averse as politicians generally are.
o Across different countries also often different focus: in Europe more on SMEs and
networking wile in US more on development of cutting-edge high-risk research
4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller jessederooij. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.41. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53068 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now