Innovation policy is in need for a rational which allows the design and evaluation of policy instruments. In economic … intervene and which instrument should be applied. In innovation policy this rational cannot meaningfully be applied because of … the uncertain and open character of innovation processes. Uncertainty is not a market failure and cannot be repaired …

topics innovation, catch-up, and sustainability. Innovation is driving catch-up processes and is the condition for a … dynamics, heterogeneity, novelty, and innovation as well as transformation are the most attractive fields in economics today … better understanding of innovation, catch-up, and sustainability, and Schumpeterian economics in general. …

new knowledge. Modern innovation research is challenged by the need to incorporate knowledge generation and dissemination … processes into the analysis so as to disentangle the complexity of these dynamic processes. With innovation, however, strong … anchored in equilibrium and homogeneity. This text introduces SKIN (Simulation Knowledge Dynamics in Innovation Networks), an …