Given the economic, societal and environmental relevance of innovation, this paper contrasts various models of innovation, compares how innovation is understood in mainstream economics and evolutionary economics of innovation and juxtaposes the concomitant policy rationales. By discussing two...

Given the economic, societal and environmental relevance of innovation, this paper contrasts various models of innovation, compares how innovation is understood in mainstream economics and evolutionary economics of innovation and juxtaposes the concomitant policy rationales. By discussing two...

In Germany, industrial collective research (ICR) provides a unique framework for research collaborations: an industry-supported network of firms and research institutes conducts research for firms in low- and medium-technology branches. The research projects are mainly financed by a publicly...