The Nature of Innovation Market Failure and the Design of Public Support for Private Innovation
AbstractWe relate the sources of innovation market failure to the dominant mode of sectoral innovation and outline mechanisms for public support of innovation that target specific sources of innovation market failure.
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Bibliographic InfoPaper provided by University of Copenhagen. Department of Economics. Centre for Industrial Economics in its series CIE Discussion Papers with number 1999-02.
Length: 24 pages
Date of creation: Mar 1999
Date of revision:
Publication status: Published in: Research Policy 29(4-5), April 2000, pp. 437-47
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More information through EDIRC
innovation; technological change; innovation policy;
Other versions of this item:
- Martin, Stephen & Scott, John T., 2000. "The nature of innovation market failure and the design of public support for private innovation," Research Policy, Elsevier, vol. 29(4-5), pages 437-447, April.
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
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