Innovation Policy in a Knowledge-Based Economy: Theory and by Patrick Llerena, Mireille Matt

By Patrick Llerena, Mireille Matt

The most underlining conviction, in the course of the booklet, is the significance of dynamical and systemic methods to innovation guidelines. the 1st a part of the ebook offers the theoretical heritage for the following extra empirical contributions. within the moment half, a sequence of 3 papers examine every one the improvement or diffusion of a selected expertise constructed within the body of a procurement coverage. They clarify the luck of mission-oriented regulations (the improvement of electronic switching platforms within the telecom region, the improvement of high-speed trains in Germany and the diffusion of army technologies). the 3 papers inside the 3rd half discover the effect of incentive instruments (R&D tax credit, R&D cooperative agreements and university-industry family members) at the innovation prospects of companies and of financial structures (regions).

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Public funds could motivate an agent to carry out activities with high risk, but a high rate of return, leading to complementarity rather than displacement. Apart from the problem of uncertainty inherent in this type of investment, there is also the possibility that in some instances the State favours projects that are profitable from a private point of view, in order to demonstrate some kind of success from its policy. But there could be other ways through which, at least, partial displacement may occur.

4,2-3 Behaviour Additionality The concept of behaviour(al) additionality relies on the possibility that State policy has an influence on the behaviour of agents: in the absence of public action, the agents might have acted differently during the time corresponding to the period of the policy action (for instance, during a Statesupported project); the project could have been less ambitious, involved different partners, taken longer, etc. e. if there is additionality or not. Also, to a certain extent, examining behaviour additionality seems redundant in the attempt to build the alternative scenario mentioned above, even though it might result in a much more detailed scenario than in the case of output additionality.

Does the policy action change the different dimensions of the cognitive capacity of the agent? It is obvious that cognitive capacity additionality is linked to those types detailed above. ), that all to some extent could be considered to be outputs of the activity supported by the State. But whereas such outputs are treated as independent objects in output additionality, they are here context-dependent and combined with other dimensions of the cognitive capacity of the system affected by the policy action.

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