A discussion of the new role of the government in innovation.
Written in 2008; 1,092 words; 4 sources; APA; $ 38.95
Paper Summary:
This paper discusses the fact that since the end of the 20th century showed no direct relationship between scientific advance and economic growth the new global trend in innovation is towards a wider role for government policy that can address many aspects and types of innovation. Innovation is now seen as a systemic process embedded in national social and institutional traditions. The writer examines the characteristics of the policy change and how the institutions of various countries have absorbed the new ideal, the forces that have facilitated change, and how policy diffusion occurs.
From the Paper:
"Innovation policies have several different factors that influence creation and use of knowledge, but their primary focus is to expand the learning abilities of companies and individuals, and promote a national environment supporting innovation. Most innovation policies focus on developing a close cooperation between the individuals involved in innovation, companies and the scientific community, creating intermediary organizations to link together, and improve the availability of their capital. The new 'innovation policies' differ between countries because the National Systems of Innovation (NSI) approach to innovation is not a unified, formal or an established theory."
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