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Research and innovation in a networked world

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  • Auerswald, Philip
  • Branscomb, Lewis M.

Abstract

The existence of a fundamental relationship between invention, innovation, and economic growth, as insisted upon by Schumpeter, is increasingly taken as an article of faith in nations around the world. Yet, the inventions-to-growth relationship is today more complex and less bounded at the scale of the nation than ever before. Just as the inventions-to-growth policy model—focusing on the development of capabilities to undertake basic science and a nurturing of entrepreneurial talent—is beginning to gain widespread acceptance, its shortcomings are becoming increasingly evident. In this paper, we describe the model and its shortcomings, focusing on implications for innovation policy of the emergence of the “globally networked enterprise.”

Suggested Citation

  • Auerswald, Philip & Branscomb, Lewis M., 2008. "Research and innovation in a networked world," Technology in Society, Elsevier, vol. 30(3), pages 339-347.
    • Handle: RePEc:eee:teinso:v:30:y:2008:i:3:p:339-347
    DOI: 10.1016/j.techsoc.2008.04.021
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    References listed on IDEAS

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    1. Auerswald, Philip E & Branscomb, Lewis M, 2003. "Valleys of Death and Darwinian Seas: Financing the Invention to Innovation Transition in the United States," The Journal of Technology Transfer, Springer, vol. 28(3-4), pages 227-239, August.
    2. Scott Shane, 2001. "Technological Opportunities and New Firm Creation," Management Science, INFORMS, vol. 47(2), pages 205-220, February.
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    Cited by:

    1. Shahid Yusuf & Kaoru Nabeshima, 2009. "Growth through Innovation : An Industrial Strategy for Shanghai," World Bank Publications - Reports 18613, The World Bank Group.
    2. Hezekiah Agwara & Philip Auerswald & Brian Higginbotham, 2014. "Algorithms and the Changing Frontier," NBER Working Papers 20039, National Bureau of Economic Research, Inc.
    3. Willoughby, Kelvin W. & Mullina, Nadezhda, 2021. "Reverse innovation, international patenting and economic inertia: Constraints to appropriating the benefits of technological innovation," Technology in Society, Elsevier, vol. 67(C).
    4. Lakitan, Benyamin, 2013. "Connecting all the dots: Identifying the “actor level” challenges in establishing effective innovation system in Indonesia," Technology in Society, Elsevier, vol. 35(1), pages 41-54.
    5. Forsström-Tuominen, Heidi & Jussila, Iiro & Kolhinen, Johanna, 2015. "Business school students’ social construction of entrepreneurship: Claiming space for collective entrepreneurship discourses," Scandinavian Journal of Management, Elsevier, vol. 31(1), pages 102-120.
    6. Hezekiah Agwara & Philip Auerswald & Brian Higginbotham, 2013. "Algorithms and the Changing Frontier," NBER Chapters, in: The Changing Frontier: Rethinking Science and Innovation Policy, pages 371-410, National Bureau of Economic Research, Inc.

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