The conventional view of innovation is that it is something that just takes place idiosyncratically in “Silicon Valley garages” and R&D laboratories. But in fact, innovation in any nation is best understood as being embedded in a national innovation system (NIS). Just as innovation is more...

Innovation – the improvement of existing or the creation of entirely new products, processes, services, and business or organizational models – drives long-run economic growth and quality of life improvements. As such, spurring innovation should be the centerpiece of national economic...