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Abstract
Competing economics paradigms define and analyse innovation in diametrically different ways
and offer distinct policy rationales to justify science, technology, and innovation (STI) policies. Despite major differences in their conceptual framework, they share the view that innovation contributes to a significant extent to enhancing competitiveness and fostering economic growth. This paper provides and overview how innovation is (i) characterised in linear, interactive and networked models of innovation; (ii) analysed in various economics paradigms; and (iii) what STI policy rationales are derived from the major tenets of these schools to justify state interventions.
and offer distinct policy rationales to justify science, technology, and innovation (STI) policies. Despite major differences in their conceptual framework, they share the view that innovation contributes to a significant extent to enhancing competitiveness and fostering economic growth. This paper provides and overview how innovation is (i) characterised in linear, interactive and networked models of innovation; (ii) analysed in various economics paradigms; and (iii) what STI policy rationales are derived from the major tenets of these schools to justify state interventions.
| Translated title of the contribution | Theoretical foundations of science, technology, and innovation policies in schools of economics |
|---|---|
| Original language | Hungarian |
| Place of Publication | Budapest |
| Number of pages | 26 |
| Publication status | Published - Dec 2024 |
Publication series
| Name | KRTK-KTI Working Papers |
|---|---|
| No. | 2024/24 |
Research Field
- Societal Futures
Keywords
- Linear models of innovation
- Interactive and networked models of innovation
- Classical economics
- Neolassical economics
- Mainstream economics
- Evolutionary economics of innovation
- STI policy rationales
- Market failures
- Systemic failures
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Dive into the research topics of 'Theoretical foundations of science, technology, and innovation policies in schools of economics'. Together they form a unique fingerprint.Research output
- 2 Report
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Comparative analysis of the CE4 countries’ economic performance
Havas, A., Dec 2024, Budapest. 40 p. (KRTK-KTI Working Papers; no. 2024/29)Research output: Books and Reports › Report
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Innováció és gazdasági teljesítmény a közép-európai országokban
Translated title of the contribution :Innovation and economic performance in four Central European countries Research output: Books and Reports › Report