Micro-Foundations for Innovation Policy by Bart Nooteboom, Erik Stam

By Bart Nooteboom, Erik Stam

In economics, enterprise, and govt coverage, innovation coverage calls for the production of latest methods to a complete variety of actions. This edited quantity engagingly explores the jobs of people and firms considering the production and alertness of strategies. masking issues as different because the macro-economic significance of innovation, theories of data and studying, entrepreneurship, schooling and examine, organizational innovation, networks, and neighborhood innovation structures, Micro-Foundations for Innovation coverage offers severe insights into the improvement of innovation policy. 

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1972) Steps to an Ecology of Mind, Chicago: University of Chicago Press. Baumol, W. J. (2001) ‘When is Inter-firm Coordination Beneficial? The Case of Innovation’, International Journal of Industrial Organization, 19: 727-737. Baumol, W. J. (2002) The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism, Princeton: Princeton University Press. Boone, J. and E. Van Damme (2004) ‘Marktstructuur en innovatie’ in: Jacobs, B. M. ) (2004) Innovatie in Nederland: De markt draalt en de overheid faalt, Amsterdam: Koninklijke Vereniging voor de Staatshuishoudkunde, 71-92.

Because of the problem of nonappropriability, government should take action to overcome underinvestment in new knowledge through the provision of r&d subsidies or the establishment of property rights. An example of government intervention is the support of new technology-based firms, which is assumed to stimulate r&d investments and to WRR Verkenningen 18 - 3 07-04-2008 13:08 Pagina 30 micro-fou ndat ions for in novat ion policy improve public returns on a longer term when new technology is developed and commercialised in many new applications and sectors of the economy (see chapter 5).

Bush, V. S. Science and Technology Policy, Washington, dc: United States Government Printing Office. Chaminade, C. and C. Edquist (2006) ‘From Theory to Practice: The Use of the Systems of Innovation Approach in Innovation Policy’ in: Hage, J. and M. ) Innovation, Science and Institutional Change, Oxford: Oxford University Press. Cornet, M. and J. van de Ven (2004) ‘De markt voor nieuwe technologie’ in: Jacobs, B. M. ) (2004) Innovatie in Nederland: De markt draalt en de overheid faalt, Amsterdam: Koninklijke Vereniging voor de Staatshuishoudkunde, 35-67.

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