Global policy discussions increasingly focus on innovation and the knowledge economy as a driver of long-term growth …. In parallel new forms of innovation processes are emerging, notably open innovation and innovation networks stressing the …

There is plenty of evidence for market failures that motivate government intervention for innovation in general and … research and development (R&D) in particular. R&D subsidies are a policy tool of major importance - both in theory and practice … Norway have relied extensively on R&D subsidies in their innovation policy, yet Finland seems to have succeeded where Norway …

communication technologies (ICT). Against the backdrop of a weakening link between productivity and traditional innovation inputs (e …, work processes and human resource practices. More fundamentally, digitization is changing the way innovation itself is done …, opening the prospect of a long-term increase in the overall rate of innovation. Over time, this will dwarf the benefits from …

Global policy discussions increasingly focus on innovation and the knowledge economy as a driver of long-term growth …. In parallel new forms of innovation processes are emerging, notably open innovation and innovation networks stressing the …

This paper focuses on the systems-of-innovation (SI) approach and its policy implications. It introduces the topic by … the innovation process and the division of labour between private and public actors in carrying out SI activities. In this … context, the paper argues that the notion of optimality is irrelevant in an innovation system context and it discusses the …

The literature on economic growth has identified knowledge expansion as a key propellant. Early research derived this … modifications expanded the concept of fixed capital to include intangible capital. The underlying drivers of innovation have … innovation in growth. But they also point to the importance of competition and firm entry and exit as key motivators for firms to …