Innovation, Economic Development and Policy
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Innovation, Economic Development and Policy

Selected Essays

Jan Fagerberg

This authoritative and enlightening book focuses on fundamental questions such as what is innovation, who is it relevant for, what are the effects, and what is the role of (innovation) policy in supporting innovation-diffusion? The first two sections present a comprehensive overview of our current knowledge on the phenomenon and analyse how this knowledge (and the scholarly community underpinning it) has evolved towards its present state. The third part explores the role of innovation for growth and development, while section four is concerned with the national innovation system and the role of (innovation) policy in influencing its dynamics and responding to the important challenges facing contemporary societies.
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Chapter 11: The Competitiveness of Nations: Why Some Countries Prosper While Others Fall Behind

Jan Fagerberg, Martin Srholec and Martin Knell

Abstract

Why do the some countries perform much better than other countries? This paper outlines a synthetic framework, based on Schumpeterian logic, for analyzing this question. Four different aspects of competitiveness are identified: technology, capacity, demand and price. The contribution of the paper is particularly to highlight the three first aspects, which often tend to be ignored due to measurement problems.

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