Papers in Innovation Studies, CIRCLE, Center for Innovation, Research and Competences in the Learning Economy, Lund University
Innovation Policy for Knowledge Production and R&D: the Investment Portfolio Approach
() and Charles Edquist
Abstract: Who produces scientific and technical knowledge these
days? What type of knowledge is being produced and for what purposes? Why
are firms and governments funding research and development? This chapter
studies the role of knowledge production (especially R&D activities) in the
innovation process from an innovation system perspective. It examines how
governments and public agencies in different countries and at different
times have actually approached the issue of building, maintaining and using
knowledge production in their innovation systems. It also examines the
critical and most important issues at stake from the point of view of
innovation policy, looking in particular at the unresolved tensions and
systemic unbalances related to knowledge production and last but not least,
it elaborates a set of overall criteria for the selection and design of
relevant policy instruments and addresses those tensions and unbalances.
This chapter suggests that innovation policy develops a portfolio approach
to the public investment in R&D and knowledge production.
Keywords: Innovation system; innovation policy; knowledge production; R&D; universities; innovation policy instruments; (follow links to similar papers)
JEL-Codes: L38; M38; O25; O31; O32; O33; (follow links to similar papers)
23 pages, October 23, 2014
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Questions (including download problems) about the papers in this series should be directed to Torben Schubert ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joachim Ekebom