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Advances and challenges in innovation studies

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  • Castellacci, Fulvio
  • Grodal, Stine
  • Mendonca, Sandro
  • Wibe, Mona

Abstract

The article discusses recent advances and future challenges in innovation studies. First, it separately considers four main strands of research, studying innovation at the organisational, systemic, sectoral and macroeconomic levels. Then, considering the field as a whole, the article points to the existence of important neglected topics and methodological challenges for future research. In fact, several fundamental issues are still unexplored, such as the co-evolution between technological and institutional change; the role of demand; and the impacts of innovation on individual and collective welfare. There are also important methodological challenges, such as the need for more systematic interactions between the different levels of analysis; the importance of an interdisciplinary approach to the study of technological and institutional changes; and the search for a combination of contingent explanations based on case studies with general analytical results based on econometric and formal models.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 27519.

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Date of creation: 2005
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Publication status: Published in Journal of Economic Issues 1.XXXIX(2005): pp. 91-121
Handle: RePEc:pra:mprapa:27519

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Keywords: Innovation; Innovation management; innovation systems; innovation and growth;

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Citations

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Cited by:
  1. Rametsteiner, Ewald & Weiss, Gerhard, 2006. "Innovation and innovation policy in forestry: Linking innovation process with systems models," Forest Policy and Economics, Elsevier, vol. 8(7), pages 691-703, October.
  2. Fulvio Castellacci & Isabel Alvarez, 2006. "Innovation, Diffusion and Cumulative Causation: Changes in the Spanish Growth Regime, 1960-2001," International Review of Applied Economics, Taylor & Francis Journals, vol. 20(2), pages 223-241.
  3. Pitelis, Christos & Panagopoulosi, Andreas, 2009. "Innovation Governance for Value Capture -The Problem and a Proposed Simple Model-based Solution," Papers, Economic and Social Research Institute (ESRI) DYNREG42, Economic and Social Research Institute (ESRI).
  4. Castellacci, Fulvio, 2006. "Innovation, diffusion and catching up in the fifth long wave," MPRA Paper 27521, University Library of Munich, Germany.
  5. Sharif, Naubahar, 2006. "Emergence and development of the National Innovation Systems concept," Research Policy, Elsevier, vol. 35(5), pages 745-766, June.
  6. Marcelo De Carvalho Pereira, 2014. "When Competition May Hinder Technologydiffusion: The Case Of Internet Access Services In Brazil," Anais do XL Encontro Nacional de Economia [Proceedings of the 40th Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Grad 152, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  7. Bianca Potì & Emanuela Reale & Monica Di Fiore, 2007. "The role of R/D expenditure: a critical comparison of the two (R&S and CIS) sources of data," CERIS Working Paper, Institute for Economic Research on Firms and Growth - Moncalieri (TO) 200707, Institute for Economic Research on Firms and Growth - Moncalieri (TO).
  8. Gnidchenko, Andrey, 2011. "Моделирование Технологических И Институциональных Эффектов В Макроэкономическом Прогнозировании
    [Technological and Institutional Effects Modeling in Macroeconomic Forecasting]
    ," MPRA Paper 35484, University Library of Munich, Germany, revised May 2011.
  9. Fulvio Castellacci, 2004. "A neo-Schumpeterian Approach to Why Growth Rates Differ," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1145-1169.
  10. Mircea NEGRUTA & Ion NAFTANAILA, 2011. "Project Management and Intellectual Property," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(4), pages 801-812, October.

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