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.
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 Federale de Lausanne (EPFL), Switzerland
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