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New Economic Ground for Innovation Policy
Lennart Elg, Jos Leijten (Eds.)
Why do countries differ in their ability to translate knowledge into economic growth and can policy make a difference?
This question was explored in a Six Countries Programme workshop (Bilbao, September 2009).
Although the Innovation Systems approach is increasingly used to expand our understanding, actual innovation policies and more in particular the budget and other resource allocations are still mainly guided by a neo-classical framework does not provide satisfactory treatment of innovation, mainly because economic agents and markets do not innovate in the way the standard neoclassical models assume.
The authors in this book analyse the directions where we need to look for new concepts and new rationales for innovation policy in order to address innovation as search and learning processes.
The book can be ordered from: Cultiva Books
http://www.cultivalibros.com/libro-economic.html