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Advances and challenges in innovation studies

Author

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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.

Suggested Citation

  • Castellacci, Fulvio & Grodal, Stine & Mendonca, Sandro & Wibe, Mona, 2005. "Advances and challenges in innovation studies," MPRA Paper 27519, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:27519
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    File URL: https://mpra.ub.uni-muenchen.de/27519/1/MPRA_paper_27519.pdf
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Cruijssen, F.C.A.M., 2006. "Horizontal cooperation in transport and logistics," Other publications TiSEM ab6dbe68-aebc-4b03-8eea-d, Tilburg University, School of Economics and Management.
    2. Ben R. Martin, 2016. "Twenty challenges for innovation studies," Science and Public Policy, Oxford University Press, vol. 43(3), pages 432-450.
    3. Fulvio Castellacci, 2004. "A neo-Schumpeterian Approach to Why Growth Rates Differ," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1145-1169.
    4. 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] 152, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    5. 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.
    6. Fulvio Castellacci & Vegard Tveito, 2016. "The Effects of ICTs on Well-being: A Survey and a Theoretical Framework," Working Papers on Innovation Studies 20161004, Centre for Technology, Innovation and Culture, University of Oslo.
    7. 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.
    8. Castellacci, Fulvio, 2006. "Innovation, diffusion and catching up in the fifth long wave," MPRA Paper 27521, University Library of Munich, Germany.
    9. repec:eee:respol:v:47:y:2018:i:5:p:965-979 is not listed on IDEAS
    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, vol. 12(4), pages 801-812, October.
    11. Sharif, Naubahar, 2006. "Emergence and development of the National Innovation Systems concept," Research Policy, Elsevier, vol. 35(5), pages 745-766, June.
    12. repec:eee:respol:v:47:y:2018:i:1:p:308-325 is not listed on IDEAS
    13. Stefanović Zoran, 2014. "Evolution Of “Rules Of The Game”, Macroeconomic Dynamics And Reform Policy," Economic Themes, Sciendo, vol. 52(4), pages 480-497, December.
    14. 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 200707, Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY -NOW- Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY.
    15. 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.
    16. Pitelis, Christos & Panagopoulosi, Andreas, 2009. "Innovation Governance for Value Capture -The Problem and a Proposed Simple Model-based Solution," Papers DYNREG42, Economic and Social Research Institute (ESRI).

    More about this item

    Keywords

    Innovation; Innovation management; innovation systems; innovation and growth;

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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