Political aspects of innovation
"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 innovation policy in general and derives policy implications.
Year of publication: |
2009
|
---|---|
Authors: | Courvisanos, Jerry |
Published in: |
Research Policy. - Elsevier, ISSN 0048-7333. - Vol. 38.2009, 7, p. 1117-1124
|
Publisher: |
Elsevier |
Keywords: | Innovation policy Innovation management Political economy Innovation typology Kaleckian economics |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Courvisanos, Jerry,
-
Investment Cycles in Capitalist Economies
Courvisanos, Jerry,
-
The Impact of Technical Change and Profit on Investment in Australian Manufacturing
Bloch, Harry, (2011)
- More ...