Globalization, National Innovation Systems and Response of Public Policy
AbstractThis paper attempts to analyse the role of public innovation policies for creating national innovative capabilities in the context of the fast pace of globalization. It is fairly well established both in theory and practice that innovative expenditure will be low if left in the hands of private economic agents of production as they have a tendency to under invest due to public good property of the outcomes of R&D. It is argued that developing economies have in fact neglected essential innovative investment policies compared with the articulated response of the developed countries keeping in view secured competitive advantage. The paper concludes by exploring the role of international institutions and national governments to strengthen the national innovation systems through innovative interventions at national and international levels.
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Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:809.
Date of creation: Jan 2007
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Other versions of this item:
- Singh, Lakhwinder, 2006. "Globalization, national innovation systems and response of public policy," MPRA Paper 641, University Library of Munich, Germany.
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
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