The Economics of Knowledge, Innovation and Systemic Technology Policy

Business & Finance, Economics, Macroeconomics
Cover of the book The Economics of Knowledge, Innovation and Systemic Technology Policy by , Taylor and Francis
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Author: ISBN: 9781134468881
Publisher: Taylor and Francis Publication: May 15, 2015
Imprint: Routledge Language: English
Author:
ISBN: 9781134468881
Publisher: Taylor and Francis
Publication: May 15, 2015
Imprint: Routledge
Language: English

There is wide consensus on the importance of knowledge for economic growth and local development patterns. This book proposes a view of knowledge as a collective, systemic and evolutionary process that enables agents and social systems to overcome the challenges of the limits to growth. It brings together new conceptual and empirical contributions, analysing the relationship between demand and supply factors and the rate and direction of technological change. It also examines the different elements that compose innovation systems.

The Economics of Knowledge, Innovation and Systemic Technology Policy provides the background for the development of an integrated framework for the analysis of systemic policy instruments and their mutual interaction the socio-political and economic conditions of the surrounding environment. These aspects have long been neglected in innovation policy, as policymakers, academics and the business community, have mostly emphasized the benefits of supply side strategies. However, a better understanding of innovation policies grafted on a complexity-based approach calls for the appreciation of the mutual interactions between both supply and demand aspects, and it is likely to improve the actual design of policy measures.

This book will help readers to understand the foundations and working of demand-driven innovation policies by stressing the importance of compent and smart demand.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

There is wide consensus on the importance of knowledge for economic growth and local development patterns. This book proposes a view of knowledge as a collective, systemic and evolutionary process that enables agents and social systems to overcome the challenges of the limits to growth. It brings together new conceptual and empirical contributions, analysing the relationship between demand and supply factors and the rate and direction of technological change. It also examines the different elements that compose innovation systems.

The Economics of Knowledge, Innovation and Systemic Technology Policy provides the background for the development of an integrated framework for the analysis of systemic policy instruments and their mutual interaction the socio-political and economic conditions of the surrounding environment. These aspects have long been neglected in innovation policy, as policymakers, academics and the business community, have mostly emphasized the benefits of supply side strategies. However, a better understanding of innovation policies grafted on a complexity-based approach calls for the appreciation of the mutual interactions between both supply and demand aspects, and it is likely to improve the actual design of policy measures.

This book will help readers to understand the foundations and working of demand-driven innovation policies by stressing the importance of compent and smart demand.

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