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Rationales for public policy intervention from a systems of innovation approach: the case of VINNOVA

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Author Info

  • Chaminade, Cristina

    ()
    (CIRCLE, Lund University)

  • Edquist, Charles

    ()
    (CIRCLE, Lund University)

Abstract

This paper discusses the implications of the adoption of the National Innovation Systems approach for innovation policy. It starts by positioning the 'systemic' approach against other theoretical approaches, such as neoclassical theories. The authors argue that the adoption of one or the other frameworks leads to different criteria for intervention. The main rationales for public intervention under each approach are then discussed. We make a distinction between classic market failures (grounded in neoclassical theory) and systemic problems -often called systemic failures - (grounded in the evolutionary/systemic approaches). On the basis of this, the authors will discuss other important issues to be considered when discussing public policy intervention under a system of innovation. The example of VINNOVA will be used to illustrate the discussion.

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File URL: http://www.circle.lu.se/upload/CIRCLE/workingpapers/200604_Chaminade_Edquist.pdf
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Bibliographic Info

Paper provided by Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy in its series CIRCLE Electronic Working Papers with number 2006/4.

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Length: 20 pages
Date of creation: 01 Mar 2006
Date of revision:
Handle: RePEc:hhs:lucirc:2006_004

Contact details of provider:
Postal: CIRCLE, Lund University, PO Box 117, SE-22100 Lund, Sweden
Phone: +46 (0) 46 222 74 68
Web page: http://www.circle.lu.se/
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Related research

Keywords: systems of innovation; innovation policy;

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References

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  1. Ejermo, Olof & Kander, Astrid, 2006. "The Swedish Paradox," CIRCLE Electronic Working Papers 2006/1, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
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Citations

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Cited by:
  1. Tuomas Takalo, 2012. "Rationales and Instruments for Public Innovation Policies," Journal of Reviews on Global Economics, Lifescience Global, vol. 1, pages 157-167.
  2. Anna J. Wieczorek & Marko P. Hekkert & Ruud E.H.M. Smits, 2009. "Contemporary Innovation Policy and Instruments: Challenges and Implications," Innovation Studies Utrecht (ISU) working paper series 09-12, Utrecht University, Department of Innovation Studies, revised Jul 2009.
  3. Michaela Trippl & Lukas Lengauer & Franz Tödtling, 2007. "Innovation und Wissensnetze im Wiener Informations- und Kommunikationtechnologiecluster," SRE-Disc sre-disc-2007_02, Institute for the Environment and Regional Development, Department of Socioeconomics, Vienna University of Economics and Business.
  4. Frank J. van Rijnsoever & Leon Welle & Sjoerd Bakker, 2012. "Credibility and Legitimacy in Policy-driven Innovation Networks: Resource dependencies and expectations in Dutch electric subsidies," DRUID Working Papers 12-07, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  5. Lamprinopoulou, Chrysa & Renwick, Alan W. & Klerkx, Laurens & Hermans, Frans & Islam, Md. Mofakkarul & Roep, Dirk, 2012. "A Systemic Innovation Policy Framework: The Cases of Scottish and Dutch Agrifood Innovation Systems," 131st Seminar, September 18-19, 2012, Prague, Czech Republic 135794, European Association of Agricultural Economists.
  6. Wieczorek & Robert Harmsen & Gaston Heimeriks & Simona Negro & Marko Hekkert, 2012. "Systemic policy for offshore wind challenges in Europe," Innovation Studies Utrecht (ISU) working paper series 12-05, Utrecht University, Department of Innovation Studies, revised Dec 2012.

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