Globalization, National Innovation Systems and Response of Public Policy
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.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Chris Papageorgiou & Andreas Savvides & Marios Zachariadis, 2006.
"International Medical Technology Diffsion,"
2006 Meeting Papers
23, Society for Economic Dynamics.
- David L. Carr & James R. Markusen & Keith E. Maskus, 1998.
"Estimating the Knowledge-Capital Model of the Multinational Enterprise,"
NBER Working Papers
6773, National Bureau of Economic Research, Inc.
- David L. Carr & James R. Markusen & Keith E. Maskus, 2001. "Estimating the Knowledge-Capital Model of the Multinational Enterprise," American Economic Review, American Economic Association, vol. 91(3), pages 693-708, June.
- Aghion, P. & Howitt, P., 1989.
"A Model Of Growth Through Creative Destruction,"
527, Massachusetts Institute of Technology (MIT), Department of Economics.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," UWO Department of Economics Working Papers 8904, University of Western Ontario, Department of Economics.
- Aghion, P. & Howitt, P., 1990. "A Model Of Growth Through Creative Destruction," DELTA Working Papers 90-12, DELTA (Ecole normale supérieure).
- Philippe Aghion & Peter Howitt, 1990. "A Model of Growth Through Creative Destruction," NBER Working Papers 3223, National Bureau of Economic Research, Inc.
- Fagerberg, Jan, 1987.
"A technology gap approach to why growth rates differ,"
Elsevier, vol. 16(2-4), pages 87-99, August.
- Jan Fagerberg, 1987. "A technology gap approach to why growth rates differ," Working Papers Archives 1987002, Centre for Technology, Innovation and Culture, University of Oslo.
- Narula Rajneesh & Sadowski Bert M., 1998. "Technological catch-up and strategic technology partnering in developing countries," Research Memorandum 001, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Paul M Romer, 1999.
"Increasing Returns and Long-Run Growth,"
Levine's Working Paper Archive
2232, David K. Levine.
- Mani, Sunil, 1999. "Public Innovation Policies and Developing Countries In a Phase of Economic Liberalisation," UNU-INTECH Discussion Paper Series 02, United Nations University - INTECH.
- David T. Coe & Elhanan Helpman & Alexander Hoffmaister, 1995.
"North-South R&D Spillovers,"
NBER Working Papers
5048, National Bureau of Economic Research, Inc.
- Aitken, Brian & Harrison, Ann & DEC, 1994. "Do domestic firms benefit from foreign direct investment? Evidence from panel data," Policy Research Working Paper Series 1248, The World Bank.
- Coe, David T & Helpman, Elhanan, 1993.
"International R&D Spillovers,"
CEPR Discussion Papers
840, C.E.P.R. Discussion Papers.
- Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
- Andreas Savvides & Marios Zachariadis, 2005. "International Technology Diffusion and the Growth of TFP in the Manufacturing Sector of Developing Economies," Review of Development Economics, Wiley Blackwell, vol. 9(4), pages 482-501, November.
- Evenson, R.E. & Singh, L., 1997.
"Economic Growth, International Technological Spillovers and Public Policy: Theory and Empirical Evidence from Asia,"
777, Yale - Economic Growth Center.
- Robert E. Evenson & Lakhwinder Singh, 1997. "Economic Growth, International Technological Spillovers and Public Policy: Theory and Empirical Evidence from Asia," Working Papers 777, Economic Growth Center, Yale University.
- Jan Fagerberg & Bart Verspagen, 2001.
"Technology-Gaps, Innovation-Diffusion And Transformation: An Evolutionary Interpretation,"
11, Centre for Technology, Innovation and Culture, University of Oslo.
- Fagerberg, Jan & Verspagen, Bart, 2002. "Technology-gaps, innovation-diffusion and transformation: an evolutionary interpretation," Research Policy, Elsevier, vol. 31(8-9), pages 1291-1304, December.
- Guifang Yang & Maskus, Keith E., 2003. "Intellectual property rights, licensing, and innovation," Policy Research Working Paper Series 2973, The World Bank.
- Xu, Bin, 2000. "Multinational enterprises, technology diffusion, and host country productivity growth," Journal of Development Economics, Elsevier, vol. 62(2), pages 477-493, August.
- Shahid Yusuf, 2003. "Innovative East Asia : The Future of Growth," World Bank Publications, The World Bank, number 15158.
When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:809. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash)
If references are entirely missing, you can add them using this form.