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Legitimation and Effects of Mission-Oriented Innovation Policies: A Spillover Perspective

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  • Matthijs Jansen

    (Utrecht University and Dialogic Innovatie en Interactie)

Abstract

Recent times have seen a rising interest for mission-oriented innovation policies (MIP) as a means to mobilize innovation capacities for addressing societal challenges. Building on advancements in heterodox economics and innovation studies, this paper discusses the economic rationales for three MIP intervention types by considering the spillovers they might engender. We provide an empirical illustration by using survey data retrieved from 276 firms participating in Dutch examples of each MIP type. Our findings warn against pursuing system transformations by adhering to traditional firm-level stimuli and impact measures (MIP drift), as well as against avid support for context-specific solutions (myopic MIP).

Suggested Citation

  • Matthijs Jansen, 2022. "Legitimation and Effects of Mission-Oriented Innovation Policies: A Spillover Perspective," Hacienda Pública Española / Review of Public Economics, IEF, vol. 243(4), pages 7-28, December.
    • Handle: RePEc:hpe:journl:y:2022:v:243:i:4:p:7-28
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    References listed on IDEAS

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    More about this item

    Keywords

    Spillovers; Externalities; Mission-Oriented Policy; Innovatie Public Procurement;
    All these keywords.

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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