publication . Article . 2009

Political aspects of innovation

Jerry Courvisanos;
Open Access
  • Published: 13 May 2009 Journal: Research Policy, volume 38, pages 1,117-1,124 (issn: 0048-7333, Copyright policy)
  • Publisher: Elsevier BV
"Political aspects" that enhance, but also undermine, the positive transformational power of public innovation policies are examined. As such, this paper follows Michal Kalecki in his 1943 paper that identifies the "political aspects" which enhance and undermine the positive transformational power of Keynesian full employment policies. Similarly, this paper provides a policy framework that identifies what government and business support as innovation policies. The role of innovation stems from Schumpeter's long-run perspective, but incorporates the more dynamic cyclical short-term and trend perspectives of Kalecki. This paper critiques the strategy of public inn...
free text keywords: Management of Technology and Innovation, Management Science and Operations Research, Strategy and Management
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