By Dominique Foray

This cutting edge ebook comprehensively sheds mild at the concept and perform of technological regulations by way of applying glossy analytical instruments and financial strategies. "The New Economics of know-how coverage" makes a speciality of all public interventions meant to steer the depth, composition and course of technological thoughts inside of a given entity corresponding to a sector, state or team of nations. Dominique Foray has accrued jointly some of the major students within the box to comprehensively discover a variety of avenues and pathways of analysis. Bringing jointly a suite of policy-oriented papers this e-book will strongly entice policy-makers, educational researchers and graduate scholars with an curiosity in economics, public coverage, technological know-how, expertise and society.

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J. ), The Rate and Direction of Inventive Activity: Economic and Social Factors, Princeton, NJ: Princeton University Press, pp. 609–25. Bell, M. and K. Pavitt (1993), ‘Technological accumulation and industrial growth: contrasts between developed and developing countries’, Industrial and Corporate Change, 2 (2): 157–211. Bell, M. and K. Pavitt (1995), ‘The development of technological capabilities’, in I. ), Trade, Technology, and International Competitiveness, Washington, DC: World Bank, pp. 69–101.

R. (1959), ‘The simple economics of basic scientific research’, Journal of Political Economy, 67 (3), 297–306. R. ) (1993), National Systems of Innovation, Oxford: Oxford University Press. R. G. Winter (1977), ‘In search of useful theory of innovation’, Research Policy, 6 (1), 36–76. R. G. Winter (1982), An Evolutionary Theory of Economic Change, Cambridge, MA: Harvard University Press. W. Koput and L. Smith-Doerr (1996), ‘Interorganizational collaboration and the locus of innovation: networks of learning in biotechnology’, Administrative Science Quarterly, 41 (1), 116–45.

To move beyond this, in my view, the focus must shift towards specific industries and the forces governing their innovative performance or lack of it. As researchers, we should be building the foundation for this more detailed policy practice. NOTES 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. I am grateful to Professor Robin Mansell for ideas regarding a better explanation of the motivation for this chapter. In practice, the term ‘venture capital’ is often used without due consideration of other institutional features accompanying venture capital such as strong corporate governance or high-level managerial decision by investors.

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