Learning innovation policy based on historical experience

J. Schwerin, C. Werker

Research output: Contribution to journalArticleAcademicpeer-review

11 Citations (Scopus)

Abstract

Innovation fosters structural change and growth and drives socio-economic change. The generation and diffusion of innovation is a dynamic process, which cannot adequately be guided by static policy conceptions. In this paper we will explore the possibility of devising and implementing a ‘learning’ innovation policy. As organisational and technological change is not completely haphazard, we argue that innovation policy can make use of structural regularities in socio-economic change whilst, at the same time, be open to advances in scientific knowledge. We devise a method that achieves these two aims and apply it to a concrete example (knowledge systems). We conclude with practical implications originating from such a ‘learning’ innovation policy.
Original languageEnglish
Pages (from-to)385-404
JournalStructural Change and Economic Dynamics
Volume14
Issue number4
DOIs
Publication statusPublished - 2003

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