IDEAS home Printed from https://ideas.repec.org/a/oup/scippl/v43y2016i3p432-450..html
   My bibliography  Save this article

Twenty challenges for innovation studies

Author

Listed:
  • Ben R. Martin

Abstract

With the field of innovation studies (IS) now half a century old, the occasion has been marked by several studies looking back to identify the main advances made over its lifetime. Starting from a list of 20 advances over the field’s history, this discussion paper sets out 20 challenges for coming decades. The intention is to prompt a debate within the IS community on what are, or should be, the key challenges, and more generally on what sort of field we aspire to be. It is argued that the empirical focus of our studies has failed to keep pace with the fast changing world, especially the shift from manufacturing to services and the increasingly urgent need for sustainability. The way we conceptualise, define, operationalise and analyse ‘innovation’ seems somewhat rooted in the past, leaving us less able to grapple with other less visible or ‘dark’ forms of innovation.

Suggested Citation

  • Ben R. Martin, 2016. "Twenty challenges for innovation studies," Science and Public Policy, Oxford University Press, vol. 43(3), pages 432-450.
  • Handle: RePEc:oup:scippl:v:43:y:2016:i:3:p:432-450.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/scipol/scv077
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Fehr, Ernst & Falk, Armin, 2002. "Psychological foundations of incentives," European Economic Review, Elsevier, vol. 46(4-5), pages 687-724, May.
    2. Fagerberg, Jan & Verspagen, Bart, 2009. "Innovation studies--The emerging structure of a new scientific field," Research Policy, Elsevier, vol. 38(2), pages 218-233, March.
    3. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    4. Martin, Ben R., 2007. "Keeping plagiarism at bay--A salutary tale," Research Policy, Elsevier, vol. 36(7), pages 905-911, September.
    5. William Lazonick & Mariana Mazzucato, 2013. "The risk-reward nexus in the innovation-inequality relationship: who takes the risks? Who gets the rewards ?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(4), pages 1093-1128, August.
    6. Alan Kirman, 2010. "The Economic Crisis is a Crisis for Economic Theory ," CESifo Economic Studies, CESifo Group, vol. 56(4), pages 498-535, December.
    7. David Colander & Richard Holt & Barkley Rosser, 2004. "The changing face of mainstream economics," Review of Political Economy, Taylor & Francis Journals, vol. 16(4), pages 485-499.
    8. Jan Fagerberg & Staffan Laestadius & Ben R. Martin, 2016. "The Triple Challenge for Europe: The Economy, Climate Change, and Governance," Challenge, Taylor & Francis Journals, vol. 59(3), pages 178-204, May.
    9. West, Joel, 2003. "How open is open enough?: Melding proprietary and open source platform strategies," Research Policy, Elsevier, vol. 32(7), pages 1259-1285, July.
    10. Diane Coyle, 2012. "The Economics of Enough: How to Run the Economy as If the Future Matters," Economics Books, Princeton University Press, edition 1, number 9402.
    11. Bengt-Åke Lundvall, 2007. "National Innovation Systems—Analytical Concept and Development Tool," Industry and Innovation, Taylor & Francis Journals, vol. 14(1), pages 95-119.
    12. Justin J. P. Jansen & Frans A. J. Van Den Bosch & Henk W. Volberda, 2006. "Exploratory Innovation, Exploitative Innovation, and Performance: Effects of Organizational Antecedents and Environmental Moderators," Management Science, INFORMS, vol. 52(11), pages 1661-1674, November.
    13. Castellacci, Fulvio & Grodal, Stine & Mendonca, Sandro & Wibe, Mona, 2005. "Advances and challenges in innovation studies," MPRA Paper 27519, University Library of Munich, Germany.
    14. Frederic S. Lee, 2007. "The Research Assessment Exercise, the state and the dominance of mainstream economics in British universities," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 31(2), pages 309-325, March.
    15. repec:mtp:titles:026201761x-04 is not listed on IDEAS
    16. Schein, Edgar H., 1983. "The role of the founder in the creation of organizational culture," Working papers 1407-83., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    17. Andy Stirling, 2012. "Opening Up the Politics of Knowledge and Power in Bioscience," PLOS Biology, Public Library of Science, vol. 10(1), pages 1-5, January.
    18. Paul Nightingale & Alex Coad, 2014. "Muppets and gazelles: political and methodological biases in entrepreneurship research," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(1), pages 113-143, February.
    19. Christensen, Jens Froslev & Olesen, Michael Holm & Kjaer, Jonas Sorth, 2005. "The industrial dynamics of Open Innovation--Evidence from the transformation of consumer electronics," Research Policy, Elsevier, vol. 34(10), pages 1533-1549, December.
    20. Castellacci, Fulvio, 2008. "Technological paradigms, regimes and trajectories: Manufacturing and service industries in a new taxonomy of sectoral patterns of innovation," Research Policy, Elsevier, vol. 37(6-7), pages 978-994, July.
    21. Fagerberg, Jan & Martin, Ben R. & Andersen, Esben Sloth (ed.), 2013. "Innovation Studies: Evolution and Future Challenges," OUP Catalogue, Oxford University Press, number 9780199686353.
    22. Stiglitz, Joseph, 2012. "Macroeconomics, Monetary Policy, and the Crisis," MIT Press Book Chapters, in: Blanchard, Olivier J. & Romer, David & Spence, Michael & Stiglitz, Joseph E. (ed.), In the Wake of the Crisis: Leading Economists Reassess Economic Policy, edition 1, volume 1, chapter 4, pages 31-42, The MIT Press.
    23. Branko Milanovic (ed.), 2012. "Globalization and Inequality," Books, Edward Elgar Publishing, number 14151.
    24. Henry Etzkowitz & Magnus Gulbrandsen, 1999. "Public entrepreneur: the trajectory of United States science, technology and industrial policy," Science and Public Policy, Oxford University Press, vol. 26(1), pages 53-62, February.
    25. Jonathan Morduch, 1999. "The Microfinance Promise," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1569-1614, December.
    26. Tony Lawson, 2009. "The current economic crisis: its nature and the course of academic economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(4), pages 759-777, July.
    27. James Crotty, 2009. "Structural causes of the global financial crisis: a critical assessment of the 'new financial architecture'," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(4), pages 563-580, July.
    28. Freeman, Chris, 1995. "The 'National System of Innovation' in Historical Perspective," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 19(1), pages 5-24, February.
    29. E. Han Kim & Adair Morse & Luigi Zingales, 2006. "What Has Mattered to Economics Since 1970," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 189-202, Fall.
    30. Gnyawali, Devi R. & Park, Byung-Jin (Robert), 2011. "Co-opetition between giants: Collaboration with competitors for technological innovation," Research Policy, Elsevier, vol. 40(5), pages 650-663, June.
    31. Bernanke, Ben S, 1983. "Nonmonetary Effects of the Financial Crisis in Propagation of the Great Depression," American Economic Review, American Economic Association, vol. 73(3), pages 257-276, June.
    32. Abhijit V. Banerjee, 1992. "A Simple Model of Herd Behavior," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(3), pages 797-817.
    33. Fagerberg, Jan & Fosaas, Morten & Sapprasert, Koson, 2012. "Innovation: Exploring the knowledge base," Research Policy, Elsevier, vol. 41(7), pages 1132-1153.
    34. Keld Laursen, 2012. "Keep searching and you'll find: what do we know about variety creation through firms' search activities for innovation?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 21(5), pages 1181-1220, October.
    35. Axel Leijonhufvud, 1973. "Life Among The Econ," Economic Inquiry, Western Economic Association International, vol. 11(3), pages 327-337, September.
    36. Donald MacKenzie, 2006. "An Engine, Not a Camera: How Financial Models Shape Markets," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262134608, April.
    37. repec:mtp:titles:026201761x-01 is not listed on IDEAS
    38. Morlacchi, Piera & Martin, Ben R., 2009. "Emerging challenges for science, technology and innovation policy research: A reflexive overview," Research Policy, Elsevier, vol. 38(4), pages 571-582, May.
    39. Soete, Luc & Verspagen, Bart & ter Weel, Bas, 2010. "Systems of Innovation," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 1159-1180, Elsevier.
    40. Kaplinsky, Raphael, 2011. "Schumacher meets Schumpeter: Appropriate technology below the radar," Research Policy, Elsevier, vol. 40(2), pages 193-203, March.
    41. Nightingale, Paul & Poll, Robert, 2000. "Innovation in Investment Banking: The Dynamics of Control Systems within the Chandlerian Firm," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 9(1), pages 113-141, March.
    42. Blanchard, Olivier, 2012. "Monetary Policy in the Wake of the Crisis," MIT Press Book Chapters, in: Blanchard, Olivier J. & Romer, David & Spence, Michael & Stiglitz, Joseph E. (ed.), In the Wake of the Crisis: Leading Economists Reassess Economic Policy, edition 1, volume 1, chapter 1, pages 7-13, The MIT Press.
    43. Blanchard, Olivier J. & Romer, David & Spence, Michael & Stiglitz, Joseph E. (ed.), 2012. "In the Wake of the Crisis: Leading Economists Reassess Economic Policy," MIT Press Books, The MIT Press, edition 1, volume 1, number 026201761x, April.
    44. Andrei Bougrov & Robert Johnson & Benno Ndulo & Pedro Paez & Avinash Persaud & Heidemarie Wieczorek-Zeul & Akhtar Aziz Zeti & Charles Goodhart & Jomo Kwame Sundaram & Youssef Boutros-Ghali & José Anto, 2010. "The Stiglitz Report," SciencePo Working papers Main hal-03415638, HAL.
      • Andrei Bougrov & Robert Johnson & Benno Ndulo & Pedro Paez & Avinash Persaud & Heidemarie Wieczorek-Zeul & Akhtar Aziz Zeti & Charles Goodhart & Jomo Kwame Sundaram & Youssef Boutros-Ghali & José Anto, 2010. "The Stiglitz Report," Working Papers hal-03415638, HAL.
    45. Josh Lerner & Scott Stern, 2012. "The Rate and Direction of Inventive Activity Revisited," NBER Books, National Bureau of Economic Research, Inc, number lern11-1.
    46. Fagerberg, Jan & Landström, Hans & Martin, Ben R., 2012. "Exploring the emerging knowledge base of ‘the knowledge society’," Research Policy, Elsevier, vol. 41(7), pages 1121-1131.
    47. Rinaldo Evangelista, 2000. "Sectoral Patterns Of Technological Change In Services," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 9(3), pages 183-222.
    48. Gisler, Monika & Sornette, Didier & Woodard, Ryan, 2011. "Innovation as a social bubble: The example of the Human Genome Project," Research Policy, Elsevier, vol. 40(10), pages 1412-1425.
    49. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-596, September.
    50. Fagerberg, Jan & Laestadius, Staffan & Martin, Ben R. (ed.), 2015. "The Triple Challenge for Europe: Economic Development, Climate Change, and Governance," OUP Catalogue, Oxford University Press, number 9780198747413.
    51. Landström, Hans & Harirchi, Gouya & Åström, Fredrik, 2012. "Entrepreneurship: Exploring the knowledge base," Research Policy, Elsevier, vol. 41(7), pages 1154-1181.
    52. Bruce Tether, 2005. "Do Services Innovate (Differently)? Insights from the European Innobarometer Survey," Industry and Innovation, Taylor & Francis Journals, vol. 12(2), pages 153-184.
    53. Robert Jensen, 2007. "The Digital Provide: Information (Technology), Market Performance, and Welfare in the South Indian Fisheries Sector," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 879-924.
    54. C. Freeman, 2004. "Technological infrastructure and international competitiveness," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 13(3), pages 541-569, June.
    55. Carlsson, Bo, 2006. "Internationalization of innovation systems: A survey of the literature," Research Policy, Elsevier, vol. 35(1), pages 56-67, February.
    56. Bengt-Ake Lundvall, 2004. "Introduction to 'Technological infrastructure and international competitiveness' by Christopher Freeman," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 13(3), pages 531-539, June.
    57. Dosi, Giovanni & Llerena, Patrick & Labini, Mauro Sylos, 2006. "The relationships between science, technologies and their industrial exploitation: An illustration through the myths and realities of the so-called `European Paradox'," Research Policy, Elsevier, vol. 35(10), pages 1450-1464, December.
    58. Carlota Perez, 2002. "Technological Revolutions and Financial Capital," Books, Edward Elgar Publishing, number 2640.
    59. David C. Mowery, 2009. "Plus ca change," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 18(1), pages 1-50, February.
    60. Geels, Frank W., 2002. "Technological transitions as evolutionary reconfiguration processes: a multi-level perspective and a case-study," Research Policy, Elsevier, vol. 31(8-9), pages 1257-1274, December.
    61. Smil, Vaclav, 2007. "The two prime movers of globalization: history and impact of diesel engines and gas turbines," Journal of Global History, Cambridge University Press, vol. 2(3), pages 373-394, November.
    62. Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-858, December.
    63. Daniel Beunza & David Stark, 2004. "Tools of the trade: the socio-technology of arbitrage in a Wall Street trading room," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 13(2), pages 369-400, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Havas, Attila, 2016. "Recent economic theorising on innovation: Lessons for analysing social innovation," MPRA Paper 77385, University Library of Munich, Germany.
    2. Rakas, Marija & Hain, Daniel S., 2019. "The state of innovation system research: What happens beneath the surface?," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    3. Rinaldo Evangelista, 2018. "Technology and Economic Development: The Schumpeterian Legacy," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(1), pages 136-153, March.
    4. Martin, Ben R., 2012. "The evolution of science policy and innovation studies," Research Policy, Elsevier, vol. 41(7), pages 1219-1239.
    5. Landström, Hans & Harirchi, Gouya, 2018. "The social structure of entrepreneurship as a scientific field," Research Policy, Elsevier, vol. 47(3), pages 650-662.
    6. Juan Ricardo Perilla Jimenez, 2019. "Mainstream and evolutionary views of technology, economic growth and catching up," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 823-852, July.
    7. Singh, Shiwangi & Dhir, Sanjay & Das, V. Mukunda & Sharma, Anuj, 2020. "Bibliometric overview of the Technological Forecasting and Social Change journal: Analysis from 1970 to 2018," Technological Forecasting and Social Change, Elsevier, vol. 154(C).
    8. Peeters, T.J.G., 2013. "External knowledge search and use in new product development," Other publications TiSEM 300ebb34-b090-4210-b95e-f, Tilburg University, School of Economics and Management.
    9. Fagerberg, Jan, 2018. "Mobilizing innovation for sustainability transitions: A comment on transformative innovation policy," Research Policy, Elsevier, vol. 47(9), pages 1568-1576.
    10. Attila Havas, 2016. "Social and Business Innovations: Are Common Measurement Approaches Possible?," Foresight-Russia Форсайт, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 10(2 (eng)), pages 58-80.
    11. Christoph Grimpe & Ulrich Kaiser, 2008. "Gains and Pains from Contract Research: A Transaction and Firm-level Perspective," CIE Discussion Papers 2008-01, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
    12. Alberto Gherardini & Alberto Nucciotti, 2017. "Yesterday’s giants and invisible colleges of today. A study on the ‘knowledge transfer’ scientific domain," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(1), pages 255-271, July.
    13. Nuvolari, Alessandro & Vasta, Michelangelo, 2015. "The Ghost in the Attic? The Italian National Innovation System in Historical Perspective, 1861–2011," Enterprise & Society, Cambridge University Press, vol. 16(2), pages 270-290, June.
    14. Chigu Kim & Chul Lee & Jina Kang, 2018. "Determinants Of Firm’S Innovation-Related External Knowledge Search Strategy: The Role Of Potential Absorptive Capacity And Appropriability Regime," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(06), pages 1-33, August.
    15. Matthijs J. Janssen & Koen Frenken & Elena M. Tur & Alexander S. Alexiev, 2022. "The perils of pleasing: Innovation-stifling effects of customized service provision," Journal of Evolutionary Economics, Springer, vol. 32(4), pages 1231-1264, September.
    16. Ana Teresa Santos & Sandro Mendonça, 2022. "The small world of innovation studies: an “editormetrics” perspective," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(12), pages 7471-7486, December.
    17. Costa, Cátia Miriam & Mendonça, Sandro, 2019. "Knowledge-intensive consumer services. Understanding KICS in the innovative global health-care sector," Research Policy, Elsevier, vol. 48(4), pages 968-982.
    18. Martin, Ben R. & Nightingale, Paul & Yegros-Yegros, Alfredo, 2012. "Science and technology studies: Exploring the knowledge base," Research Policy, Elsevier, vol. 41(7), pages 1182-1204.
    19. Dennys Eduardo Rossetto & Roberto Carlos Bernardes & Felipe Mendes Borini & Cristiane Chaves Gattaz, 2018. "Structure and evolution of innovation research in the last 60 years: review and future trends in the field of business through the citations and co-citations analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 115(3), pages 1329-1363, June.
    20. Rinaldo Evangelista, 2015. "Technology, development and economic crisis: the Schumpeterian legacy," Working Papers 23, Birkbeck Centre for Innovation Management Research, revised Jun 2015.

    More about this item

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:scippl:v:43:y:2016:i:3:p:432-450.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/spp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.