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Innovation policy alternatives: lessons from the European countries

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Поле Співвідношення
 
Title Innovation policy alternatives: lessons from the European countries
 
Creator Jamagidze, Lela
 
Subject Innovation system
innovation policy
 
Description Generally, there can be several alternatives of innovation policy. Pro-market ideology fully supports for market forces and innovation development lead by the market without any public intervention. However,
through the history of technological development of several advanced countries radical shifts and changes took place with the active involvement of public sector in these processes. This evidence suggests
that the innovation policy can have an active supportive role in the development of private initiatives with such common instruments as public financing of R&D activities, public procurements of technologies, etc.
Another alternative is the traditional approach to innovation policy, which involves the adjustment of market failures. This approach has been often criticized recently, for example, by Adquist (5, 2008), as innovations are of evolutionary character and it is not always possible to define what is the optimal condition and where the market fails.
Many researchers and policy makers support for the systemic approach in innovation policy. Within this alternative identification of systemic problems and their resolution is based on the empirical analyses and comparison of different innovation systems with each other.
 
Publisher ДВНЗ «Київський національний економічний університет імені Вадима Гетьмана»
 
Date 2015-04-29T09:00:40Z
2015-04-29T09:00:40Z
2014
 
Type Article
 
Identifier Jamagidze Lela. Innovation policy alternatives: lessons from the European countries / Lela Jamagidze // Стратегічні імперативи сучасного менеджменту : зб. матеріалів II Міжнар. наук.-практ. конф. 22-23 травня 2014 року / М-во освіти і науки України, Держ. ВНЗ "Київ. нац. екон. ун-т ім. Вадима Гетьмана" ; [відп. за вип С. М. Соболь]. – Київ : КНЕУ, 2014. – С. 172-174.
http://ir.kneu.edu.ua/handle/2010/6470
 
Language en