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Innovation Policy as Cargo Cult: Myth and Reality in Knowledge-led Productivity Growth

In: Creating Wealth from Knowledge

Author

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  • Alan Hughes

Abstract

This book illustrates that, although innovation has always mattered in economic development, simply increasing expenditure in creating knowledge may not be the answer: we need to look at the whole system through which such knowledge translates to value creation.

Suggested Citation

  • Alan Hughes, 2008. "Innovation Policy as Cargo Cult: Myth and Reality in Knowledge-led Productivity Growth," Chapters, in: John Bessant & Tim Venables (ed.), Creating Wealth from Knowledge, chapter 4, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:12766_4
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    File URL: https://www.elgaronline.com/view/9781847203489.00010.xml
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    Cited by:

    1. Mina, Andrea & Minin, Alberto Di & Martelli, Irene & Testa, Giuseppina & Santoleri, Pietro, 2021. "Public funding of innovation: Exploring applications and allocations of the European SME Instrument," Research Policy, Elsevier, vol. 50(1).
    2. Alan Hughes, 2014. "Short-Termism, Impatient Capital and Finance for Manufacturing Innovation in the UK," Working Papers wp457, Centre for Business Research, University of Cambridge.

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