of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …

Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solve … pressing challenges and achieve a greater quality of life. However, the type of mission-oriented innovation policies she … promotes usually rely on an overly mechanical view of innovation and economic growth. We employ an ecosystem perspective to …