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The New Economics of Technology Policy

Name: The New Economics of Technology Policy
Author: Edited by Dominique Foray

9781848447134 Edward Elgar Publishing

Edited by Dominique Foray, Professor and Director of the Chair in Economics and Management of Innovation (CEMI), College of Management of Technology (CDM), Ecole Polytechnique Fédérale de Lausanne (EPFL), Switzerland

Publication Date: 2010 ISBN: 978 1 84844 713 4 Extent: 456 pp

This book focuses on technological policies, in other words all public interventions intended to influence the intensity, composition and direction of technological innovations within a given entity (region, country or group of countries). The editor has gathered together many of the leading scholars in the field to comprehensively explore numerous avenues and pathways of research. The book sheds light on the theory and practice of technological policies by employing modern analytical tools and economic techniques.

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Contributors

Contents

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This innovative book comprehensively sheds light on the theory and practice of technological policies by employing modern analytical tools and economic techniques.

The New Economics of Technology Policy focuses on all public interventions intended to influence the intensity, composition and direction of technological innovations within a given entity such as a region, country or group of countries. Dominique Foray has gathered together many of the leading scholars in the field to comprehensively explore numerous avenues and pathways of research.

Bringing together a collection of policy-oriented papers, this book will strongly appeal to policy-makers, academic researchers and graduate students with an interest in economics, public policy, science, technology and society.

Contributors

Contributors: P. Aghion, S. Arvanitis, Y. Benkler, I.M. Cockburn, D. Czarnitzki, P.A. David, D. Encaoua, I. Feller, D. Foray, H. Gersbach, B.H. Hall, D. Harhoff, H. Hollenstein, B. Hotz-Hart, J. Mairesse, F. Malerba, P. Mohnen, D.C. Mowery, R.R. Nelson, N. Rosenberg, B.N. Sampat, M. Schankerman, L. Soete, W.E. Steinmueller, N. Sydow, A.A. Toole, M. Trajtenberg, R. Veugelers, E. von Hippel

Contents

Contents:

1. General Introduction
Dominique Foray

PART I: FRAMEWORKS AND RATIONALES FOR TECHNOLOGY POLICY
2. Building Effective ‘Innovation Systems’ versus Dealing with ‘Market Failures’ as Ways of Thinking About Technology Policy
Richard R. Nelson

3. Technology Policy: The Roles of Industrial Analysis and Innovation Studies
W. Edward Steinmueller

4. Increase Learning, Break Knowledge Lock-ins and Foster Dynamic Complementarities: Evolutionary and System Perspectives on Technology Policy in Industrial Dynamics
Franco Malerba

5. Can we Link Policy Practice with Research on ‘STIG Systems’? Toward Connecting the Analysis of Science, Technology and Innovation Policy with Realistic Programs for Economic Development and Growth
Philippe Aghion, Paul A. David and Dominique Foray

6. Comments
Dietmar Harhoff

PART II: HOW MUCH AND WHERE?
7. Critical Episodes in the Progress of Medical Innovation
Nathan Rosenberg

8. A Policy-shaped Research Agenda on the Economics of Science and Technology
Irwin Feller

9. Basic Research and Growth Policy
Hans Gersbach

10. Comments
Mark Schankerman

11. Comments on Nathan Rosenberg’s ‘Critical Episodes in the Progress of Medical Innovation’
Iain M. Cockburn

PART III: RATIONALES FOR AND MODES OF MISSION-ORIENTED POLICIES
12. What Does Economic Theory Tell us About Mission-oriented R&D?
David C. Mowery

13. The Dismal Science, the Crown Jewel and the Endless Frontier
Bhaven N. Sampat

14. Comments
W. Edward Steinmueller

PART IV: THE USE OF MODELS AND SURVEYS FOR TECHNOLOGY POLICY
15. The ‘Funding Gap’: Financial Markets and Investment in Innovation
Bronwyn H. Hall

16. R&D Investment Under Uncertainty: The Role of R&D Subsidies and Patent Policy
Dirk Czarnitzki and Andrew A. Toole

17. Innovation Surveys and Innovation Policy
Jacques Mairesse and Pierre Mohnen

PART V: TECHNOLOGY POLICY IN SWITZERLAND
18. How Effective are the R&D-Promoting Activities of the Swiss Innovation Agency CTI? An Evaluation Based on Matched-pairs Analysis
Spyros Arvanitis and Nora Sydow

19. Characteristics of Foreign R&D Strategies of Swiss Firms: Implications for Policy
Heinz Hollenstein

20. Small and Medium-sized Enterprises: The Promotion of R&D and Innovation Behaviour in Switzerland
Beat Hotz-Hart

PART VI: TECHNOLOGY POLICY IN THE EUROPEAN UNION
21. Nature of the European Technology Gap: Creative Destruction or Industrial Policy?
David Encaoua

22. Innovation, Growth and Structural Reforms: What Role for EU Policy?
Reinhilde Veugelers

PART VII: TECHNOLOGY POLICY AND NEW MODELS OF INNOVATION
23. Adapting Policy to User-centered Innovation
Eric von Hippel

24. Technology Policy, Cooperation and Human Systems Design
Yochai Benkler

25. Comments
David Encaoua

PART VIII: TECHNOLOGY POLICY FOR DEVELOPMENT
26. Innovation Policy for Development: An Overview
Manuel Trajtenberg

27. Discussion of Manuel Trajtenberg’s ‘Innovation Policy for Development: An Overview’
Richard R. Nelson

PART IX: CONCLUSIONS
28. Research Without Frontiers
Luc Soete

29. The Rumblings of a Paradigm Shift: Concluding Comments
Manuel Trajtenberg

Index