Rationales and instruments for public innovation policies

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Title: Rationales and instruments for public innovation policies
ISBN: 978-952-462-000-0
Author: Takalo, Tuomas
Organization: Bank of Finland
Series: Bank of Finland Research Discussion Papers
ISSN: 1456-6184
Series year: 2013
Series number: 1/2013
Year of publication: 2013
Publication date: 7.1.2013
Published in: Published in Journal of Reviews on Global Economics, Volume 1, 2012, Pages 157-167
DOI: 10.6000/1929-7092.2012.01.14
Pages: 32 s.
Keywords: innovaatiot; R&D; Suomi; kannustimet; tukipalkkiot; valtiontuki; innovaatiopolitiikka
JEL: O38; O34; O31; G28; H25
Abstract: Economic interest in innovation policy largely arises from the fundamental importance of innovation to social welfare and from inefficiencies in innovation in a competitive market environment. As a result, a wide variety of public innovation policies are used in practice. This study reviews the economic justifications for public innovation policies and compares the existing policy tools, paying particular attention to the Finnish innovation policy environment. Key Words: Innovation policies, innovation, R&D, incentives, market failures JEL Classification: O38, O34, O31, G28, H25
Note: Ilmestynyt myös Journal of Reviews on Global Economics 2012 ; 1.
Rights: https://helda.helsinki.fi/bof/copyright

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