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Globalization, National Innovation Systems and Response of Public Policy

Author

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  • Lakhwinder Singh

Abstract

This 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.

Suggested Citation

  • Lakhwinder Singh, 2007. "Globalization, National Innovation Systems and Response of Public Policy," Working Papers id:809, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:809
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    Cited by:

    1. is not listed on IDEAS
    2. Hao Lu & Pardis Pishdad-Bozorgi & Guangbin Wang & Yingxia Xue & Dan Tan, 2019. "ICT Implementation of Small- and Medium-Sized Construction Enterprises: Organizational Characteristics, Driving Forces, and Value Perceptions," Sustainability, MDPI, vol. 11(12), pages 1-20, June.
    3. Cornelius Herstatt & Rajnish Tiwari & Dieter Ernst, 2008. "India's National Innovation System: Key Elements and Corporate Perspectives," Economics Study Area Working Papers 96, East-West Center, Economics Study Area.
    4. M. Muzamil Naqshbandi, 2018. "Organizational Characteristics and Engagement in Open Innovation: Is There a Link?," Global Business Review, International Management Institute, vol. 19(3_suppl), pages 1-20, June.
    5. Lakhwinder Singh, 2006. "Innovations, High-Tech Trade and Industrial Development: Theory, Evidence and Policy," WIDER Working Paper Series RP2006-27, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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