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Innovation Policy in a Knowledge-Based Economy

Theory and Practice

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Table of contents (13 chapters)

  1. Front Matter

    Pages I-XI
  2. Introduction

    • Patrick Llerena, Mireille Matt
    Pages 1-14
  3. The Rationales Behind Innovation Policies: Dynamic Approaches

    1. Systems Failure and the Case for Innovation Policy

      • James Stanley Metcalfe
      Pages 47-74
    2. Technology Policy in the Knowledge-Based Economy

      • Patrick Cohendet, Frieder Meyer-Krahmer
      Pages 75-112
  4. New Technology Procurement: Knowledge Creation, Diffusion and Coordination

    1. A Study of Military Innovation Diffusion Based on Two Case Studies

      • Arman Avadikyan, Patrick Cohendet, Olivier Dupouët
      Pages 161-189
  5. The Relevance of R&D Strategic Management in Policy Design

  6. Back Matter

    Pages 361-362

About this book

Patrick Llerena and Mireille Matt BETA, Strasbourg, E-mail: pllerena@coumot. u-strasbg. fr BETA, Strasbourg, E-mail: matt@coumot. u-strasbg. fr 0. 1 Why Analyze Innovation Policies From a Knowledge- Based Perspective? It is broadly accepted that we have moved (or are moving) to a knowled- based economy, characterized at least by two main features: that knowl­ edge is a major factor in economic growth, and innovation processes are systemic by nature. It is not surprising that this change in the economic paradigm requires new analytical foundations for innovation policies. One of the purposes of this book is to make suggestions as to what they should include. Underpinning all the chapters in this book is a conviction of the impor­ tance of dynamic and systemic approaches to innovation policy. Nelson (1959)^ and Arrow (1962)^ saw innovation and the creation of new knowl­ edge as the emergence and the diffusion of new information, characterized essentially as a public good. The more recent theoretical literature regarded the rationale for innovation policies as being to provide solutions to "mar­ ket failures". Today, however, knowledge is seen as multidimensional (tacit vs. codified) and open to interpretation. Acknowledging that the creation, coordination and diffusion of knowledge are dynamic and cumu­ lative processes, and that innovation processes result from the coordination of distributed knowledge, renders the "market failure" view of innovation policies obsolete. Innovation policies must be systemic and dynamic.

Editors and Affiliations

  • BETA-ULP, Strasbourg, France

    Patrick Llerena, Mireille Matt

Bibliographic Information

  • Book Title: Innovation Policy in a Knowledge-Based Economy

  • Book Subtitle: Theory and Practice

  • Editors: Patrick Llerena, Mireille Matt

  • DOI: https://doi.org/10.1007/b137610

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2005

  • Hardcover ISBN: 978-3-540-25581-9Published: 20 May 2005

  • Softcover ISBN: 978-3-642-06497-5Published: 14 October 2010

  • eBook ISBN: 978-3-540-26452-1Published: 16 January 2006

  • Edition Number: 1

  • Number of Pages: XII, 362

  • Topics: R & D/Technology Policy, IT in Business

Buy it now

Buying options

eBook USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access