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The legacy and promise of Vannevar Bush: rethinking the model of innovation and the role of public policy

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  • Dennis Patrick Leyden
  • Matthias Menter

Abstract

The linear model of innovation argues that innovation takes place in a unidirectional sequence, with basic research directly diffusing in marketable product or process innovations. This perspective has served society well in past decades. However, recent productivity slowdowns in developed economies and the failure of innovation policies to continue to deliver desired results have called this perspective into question. Scholars explain these slowdowns by the oversimplification of the linear model which fails to consider the complexities associated with innovation processes. Although it is generally believed that Vannevar Bush’s report Science – The Endless Frontier – was based on his belief in a linear model of innovation and the notion that basic research is the ultimate source of all innovation, an examination of Bush’s writings and his life reveals that he believed in a more sophisticated model in which basic and applied research cross-fertilize each other and in which government’s job is not so much to stimulate basic research as it is to facilitate interactions between basic and applied research for the benefit of both and the prosperity of society. This paper explicates Bush’s model of the research and innovation process, explores the implications of that model, and derives policy recommendations.

Suggested Citation

  • Dennis Patrick Leyden & Matthias Menter, 2018. "The legacy and promise of Vannevar Bush: rethinking the model of innovation and the role of public policy," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 27(3), pages 225-242, April.
  • Handle: RePEc:taf:ecinnt:v:27:y:2018:i:3:p:225-242
    DOI: 10.1080/10438599.2017.1329189
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    Cited by:

    1. Wareham, Jonathan & Pujol Priego, Laia & Romasanta, Angelo Kenneth & Mathiassen, Thomas Wareham & Nordberg, Markus & Tello, Pablo Garcia, 2022. "Systematizing serendipity for big science infrastructures: The ATTRACT project," Technovation, Elsevier, vol. 116(C).
    2. Haddad, Christian & Benner, Maximilian, 2021. "Situating innovation policy in Mediterranean Arab countries: A research agenda for context sensitivity," Research Policy, Elsevier, vol. 50(7).
    3. James A. Cunningham & Erik E. Lehmann & Matthias Menter & Nikolaus Seitz, 2019. "The impact of university focused technology transfer policies on regional innovation and entrepreneurship," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1451-1475, October.
    4. Tobias Schlegel & Uschi Backes-Gellner, 2023. "The role of fields of study for the effects of higher education institutions on regional firm location," Small Business Economics, Springer, vol. 61(4), pages 1587-1656, December.
    5. Holger Graf & Matthias Menter, 2022. "Public research and the quality of inventions: the role and impact of entrepreneurial universities and regional network embeddedness," Small Business Economics, Springer, vol. 58(2), pages 1187-1204, February.
    6. Shaw, Jamie, 2022. "There and back again: Revisiting Vannevar Bush, the linear model, and the freedom of science," Research Policy, Elsevier, vol. 51(10).
    7. Link, Al, 2019. "Technology Transfer at the U.S. National Institute of Standards and Technology (NIST)," UNCG Economics Working Papers 19-8, University of North Carolina at Greensboro, Department of Economics.
    8. Anlan Chen & Yong Lin & Marcello Mariani & Yongyi Shou & Yufeng Zhang, 2023. "Entrepreneurial growth in digital business ecosystems: an integrated framework blending the knowledge-based view of the firm and business ecosystems," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1628-1653, October.
    9. Erik E. Lehmann & Matthias Menter & Katharine Wirsching, 2022. "University spillovers, absorptive capacities, and firm performance," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(1), pages 125-150, March.
    10. Albert N. Link & John T. Scott, 2019. "The economic benefits of technology transfer from U.S. federal laboratories," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1416-1426, October.
    11. Matthias Menter & Erik E. Lehmann & Torben Klarl, 2018. "In search of excellence: a case study of the first excellence initiative of Germany," Journal of Business Economics, Springer, vol. 88(9), pages 1105-1132, December.
    12. Patrick Lehnert & Curdin Pfister & Dietmar Harhoff & Uschi Backes-Gellner, 2020. "Innovation Effects and Knowledge Complementarities in a Diverse Research Landscape," Economics of Education Working Paper Series 0164, University of Zurich, Department of Business Administration (IBW), revised Jan 2022.
    13. Paul Lewis, 2021. "Entrepreneurship, novel combinations, capital regrouping, and the structure-agency relationship: an introduction to the special issue on innovation and Austrian economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(1), pages 1-12, March.
    14. Uwe Cantner & James A. Cunningham & Erik E. Lehmann & Matthias Menter, 2021. "Entrepreneurial ecosystems: a dynamic lifecycle model," Small Business Economics, Springer, vol. 57(1), pages 407-423, June.
    15. Kärnä, Anders & Karlsson, Johan & Engberg, Erik & Svensson, Peter, 2020. "Political Failure: A Missing Piece in Innovation Policy Analysis," Working Paper Series 1334, Research Institute of Industrial Economics, revised 21 Apr 2022.

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