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Innovation Policy for Grand Challenges. An Economic Geography Perspective

Author

Listed:
  • Coenen , Lars

    (CIRCLE, Lund University)

  • Hansen , Teis

    (Department of Human Geography and CIRCLE, Lund University)

  • Rekers , Josephine V.

    (Department of Human Geography and CIRCLE, Lund University)

Abstract

Grand challenges such as climate change, ageing societies and food security feature prominently on the agenda of policymakers at all scales, from the EU down to local and regional authorities. These are challenges that require the input and collaboration of a diverse set of societal stakeholders to combe different sources of knowledge in new and useful ways – a process that has occupied the minds of economic geographers looking at innovation in recent decades. Work in economic geography has informed innovation policies that tackle infrastructural, capabilities, network and institutional failures that may be found in different types of regions. How can these insights improve researchers’ and policymakers’ understanding of the potential for innovation policies to address grand challenges? In this paper we review these insights and then identify areas that push economic geographers to go beyond their previous focus and interests, notably by considering innovation policy in light of transformational rather than mere structural failures.

Suggested Citation

  • Coenen , Lars & Hansen , Teis & Rekers , Josephine V., 2015. "Innovation Policy for Grand Challenges. An Economic Geography Perspective," Papers in Innovation Studies 2015/13, Lund University, CIRCLE - Centre for Innovation Research.
    • Handle: RePEc:hhs:lucirc:2015_013
    as

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    References listed on IDEAS

    as
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    4. Fagerberg, Jan & Martin, Ben R. & Andersen, Esben Sloth (ed.), 2013. "Innovation Studies: Evolution and Future Challenges," OUP Catalogue, Oxford University Press, number 9780199686353.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Innovation policy; grand challenges; economic geography; innovation systems failures; transformational systems failure;
    All these keywords.

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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