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An Innovation Policy Framework Bridging the Gap between Industrial Dynamics and Growth
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.).
2016 (English)In: Essays in Public Sector Entrepreneurship / [ed] David Audretsch och Albert Link, Springer, 2016Chapter in book (Refereed)
Abstract [en]

Innovation is increasingly considered the key to elevating prosperity and securing sustainable long-term growth. The few last decades have also witnessed a refinement of previous growth models to include investments in education by individuals and R&D by firms. Better educated individuals and increased expenditure on R&D are shown to result in increased innovation and accelerated growth in endogenous growth models. This finding has spurred policy makers, most recently the OECD, the EU commission, and other organizations, to design innovation strategies to meet future growth and welfare challenges. Such strategies have also trickled down to the country level.

Place, publisher, year, edition, pages
Springer, 2016.
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Social Sciences
Identifiers
URN: urn:nbn:se:kth:diva-220160ISBN: 978-3-319-26676-3 (print)OAI: oai:DiVA.org:kth-220160DiVA: diva2:1166852
Note

QC 20171219

Available from: 2017-12-16 Created: 2017-12-16 Last updated: 2017-12-19Bibliographically approved

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