Globalization, national innovation systems and response of public policy
AbstractAbstract This paper attempts to set the significance of public innovation policies in contemporary developing countries in the context of the fast pace of globalization. It is fairly well established both in theory and practice that investment expenditure on innovation projects is likely to be low if left in the hands of private economic agents as they have a tendency to under-invest due to the ‘public good’ nature of the outcomes of R&D. However, policy in developing economies seldom takes seriously the importance of investment in innovation projects. This has not been without far-reaching implications for the growth and development performance of developing countries in general. The paper explores the role of international institutions and national governments in the task of strengthening national innovation systems through innovative interventions at national and international levels.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 641.
Date of creation: 01 Nov 2006
Date of revision:
Publication status: Published in International Journal of Technology Management and sustainable Development Issue 3.Vol. 3(2004): pp. 215-231
globalization of technology role of state knowledge gaps global public good innovative strategy developing countries international institutions intellectual property rights innovation policy;
Other versions of this item:
- Lakhwinder Singh, 2007. "Globalization, National Innovation Systems and Response of Public Policy," Working Papers id:809, eSocialSciences.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-12-04 (All new papers)
- NEP-CSE-2006-12-04 (Economics of Strategic Management)
- NEP-DEV-2006-12-04 (Development)
- NEP-INO-2006-12-04 (Innovation)
- NEP-IPR-2006-12-04 (Intellectual Property Rights)
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