Innovation Policy: A Practical Introduction (SpringerBriefs in Entrepreneurship and Innovation)
Format: PDF / Kindle (mobi) / ePub
This book provides a concise introduction to important aspects of contemporary innovation policy, with particular emphasis on its impact on economic growth and development. It addresses a non-specialist audience interested in quickly building background knowledge, getting familiar with the terminology, and understanding core concerns and debates in this area of policy. The book has its origins in a more extensive report to the World Bank prepared to impart background information to middle- and upper-level policy decision-makers and analysts as well as stakeholders from industry and universities from developing countries prior to engaging in intensive “how-to” policy training. Our audience also includes upper-level undergraduate and graduate students embarking on the study of innovation policy.
Featuring contributions from leading scholars and policy experts, this volume references critical readings presents a wide array of data, on the following topics:
- Fundamentals of Innovation Policy for Growth and Development
- University Entrepreneurship
- Strategic Alliances / Knowledge-Intensive Partnerships
- Clusters / Science Parks / Knowledge Business Incubators
- High Risk Finance
- Intellectual Property, Standards
research to support these assertions. Commercially oriented faculties are not less likely to publish in academic journals (in fact, entrepreneurial performance increases publication outputs) (Van Looy et al. 2004; Azoulay et al. 2009). Commercial incentives have not shifted effort away from fundamental research questions (Thursby et al. 2007); in fact, basic research has increased compared to applied research (Schacht ). In addition, institutional concerns to protect intellectual property no
Forward linkages are the ties between businesses and their customers. The more information that flows up and downstream, the more innovative and responsive a company can be. Knowing that a battery supplier is close to a breakthrough in lightweight battery research and also having a market survey which shows that joggers dislike the heavy weight of current music players, could put a company in a good position to develop a new model music player developed specifically for the jogging market.
to the KOSDAQ, an impressive number since previously the park had only produced 11 in total. However, the challenge of altering Korea’s traditional business culture will remain. Tax rules have been changed to allow new family businesses to enter the tax system more easily and bankruptcy laws have been altered to make the consequences of failure less dire (Watson 2011). The new Korean administration is pressing very much in that direction under the banner of the “creative economy”. 5.3 Science
increase innovation at Young Innovative Companies (an EU definition for startups that spend more than 15 % on R&D and are less than 6 years old). An increase of innovation on average for companies receiving the subsidy might be sufficient reason to continue the program, but the authors suggest that a more targeted program might better address the specific needs of a startup. Evaluations of business support programs in Italy provide support for the notion that targeted support is more effective.
have the potential to boost innovation, but also have the potential to stifle domestic industrial creativity. 7.2 Forms of Intellectual Property Protection1 Intellectual property (IP) is an idea, or a collection of ideas, produced in the expectation of direct or indirect economic gain. Intellectual property regimes are nation-level mechanisms designed to protect these ideas by assigning control over their use to their creator. Generally, governments are concerned about ideas in so far as they