Chapter 8: Is innovation always good for you? New policy challenges for research and innovation
Restricted access

Traditionally innovation is being associated with a positive image. At the policy level, it is practically impossible to be negative about innovation. Yet, the policy slogan ‘“Innovation is good for you’ remains surprising given that innovation failure rather than innovation success appears to have been the most common feature of innovation processes. Both the historical and international evidence highlights that innovation, and more broadly the introduction of new technologies, do not always represent Schumpeterian processes of ‘creative destruction’, that is, processes which renew a society’s dynamics leading to higher levels of economic development, destroying a few incumbents to the benefit of many, but now and then seem to represent the exact opposite pattern: processes of ‘destructive creation’ with innovation benefiting a few at the expense of many. The underlying causes for such destructive-creation processes and the policy challenges they pose call for close attention.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with you Elgar account