'The book is quite valuable, with its broad international coverage of state activities in the area of research and innovation support. It should also foster serious debates on the balance between public and private efforts in research and innovation.' - Mats Benner, Journal of Economic Literature '. . . this book provides the reader with a valuable summary of national public policy approaches to research and innovation at the end of the twentieth century and is a useful addition to the shelves of industrial policy experts.' - David Gray, Entrepreneurship and Innovation The book analyses the evolution of research and innovation policies in the world's leading countries. The last decade has witnessed a radical transformation of the landscape shaped after World War II, as described in the seminal collection edited by Richard Nelson in the early 1990s. Even though national systems have inherited different institutional arrangements and trajectories, analyses show three major converging trends in their public policies. There has been a retraction from support to large firms and programmes and a shift toward small to medium enterprises and the innovation infrastructure; the focus on public research and training capabilities is growing; and there has been a redesign of public intervention with the growing role of regions and states on one hand and multinational authorities on the other, particularly in the European Union.

America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States. This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.

Provides an agenda for future work on activities to improve understanding of innovation strategies in the medium and short term.

Innovation Policy in a Global Economy concludes the successful sequence of books on Globalisation and Technology edited by Daniele Archibugi and Jonathan Michie, following Technology, Globalisation and Economic Performance (Cambridge University Press, 1997) and Trade, Growth and Technical Change (Cambridge University Press, 1998). This final volume argues that the opportunities offered by globalisation will only be fully realised by organisations which have developed institutions that allow for the transfer, absorption, and use of knowledge. Innovation Policy in a Global Economy is relevant for graduate and undergraduate courses in management and business, economics, geography, international political economy, and innovation and technology studies. Presenting original theoretical and empirical research by leading international experts in an accessible style, Innovation Policy will be vital reading for researchers and students and of use to public policy professionals.

America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States. This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.

In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key ingredients of sustained growth, but there is also a new concept of a long-term equilibrium income gap in which convergence is rather unlikely. The analysis also picks up European and US labor market issues in the context of economic globalization and raises the question of which EU policies in the field of labor market reform and of innovation policies are adequate.

The central theme of this book is that integration issues must be confronted and managed in order to capture value from technological innovation. It provides a comprehensive introduction to the basic principles of technology management

Drawn from the 7th Glion Colloquium held in 2009, this volume considers the role of research universities in an innovation-driven global society. Whether in the "old world" of Europe and North America or in rapidly developing nations, the message is clear: innovation has become the key to prosperity and social well-being in a hypercompetitive global economy. Part I introduces several forms of economic, technological, and social innovation. Part II discusses agents of innovation from the points of view of a research university, industry, and national innovation policies. Part III presents university leaders from long-established and emerging institutions to compare how regional and institutional characteristics shape innovation strategies. Part IV focuses on approaches to innovation at national and institutional levels, including a U.S. approach to energy challenges, the shift of high-tech industry toward open innovation, and the challenges of creating world-class universities. Part V addresses the intellectual character of innovation and its relationship to the university's mission. Today's economy requires not only leadership in innovation but also educated citizens capable of applying technology, talent, and capital in new ways. Institutions of higher learning must collaborate with industry and government to create a climate and culture that enable innovation to thrive.

Examines the forces reshaping the global economy that favor nations committed to technological innovations, and assesses what the lack of an innovation policy could mean for the U.S. in the future.

Science has become a central political concern with massive increases in public investments and expectations, but resources are embedded in a complex web of societal expectations, which vary between countries and regions. This book outlines an insightful understanding of science policy as both concerning the governance of science itself (priority-setting, funding, organization and articulation with polity, society, and economy) and its extra-organizational connections, in terms of higher education, innovation and national policy concerns.