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On sector-non-neutral innovation policy: towards new design principles

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  • Dominique Foray

    (Institute of Technology and Public Policy, College of Management, EPFL)

Abstract

The paper addresses the shift from a moderate innovation policy to a more radical one, aimed at radical transformations of existing structures, such as accelerating innovation to address grand societal challenges or to modernize a traditional sector. In this paper, we propose an analytical framework based on the identification of three constitutive rationales of policy intervention in the domain of innovation. This approach introduces the distinction between moderate and stronger modes of intervention. Stronger modes are characterised by a higher degree of intentionality, centralization and focus. The last part of the paper is devoted to certain principles of policy design under which the risks of such a shift can be minimized and positive effects can be maximized.

Suggested Citation

  • Dominique Foray, 2019. "On sector-non-neutral innovation policy: towards new design principles," Journal of Evolutionary Economics, Springer, vol. 29(5), pages 1379-1397, November.
    • Handle: RePEc:spr:joevec:v:29:y:2019:i:5:d:10.1007_s00191-018-0599-8
    DOI: 10.1007/s00191-018-0599-8
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    Cited by:

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    2. Matthijs Jansen, 2022. "Legitimation and Effects of Mission-Oriented Innovation Policies: A Spillover Perspective," Hacienda Pública Española / Review of Public Economics, IEF, vol. 243(4), pages 7-28, December.
    3. Steffen S. Bettin, 2020. "Electricity infrastructure and innovation in the next phase of energy transition—amendments to the technology innovation system framework," Review of Evolutionary Political Economy, Springer, vol. 1(3), pages 371-395, November.
    4. Dominique Foray, 2022. "The Economics of Incomplete Plan -on Conditions, Procedures and Design of Future Mission- Oriented Innovation Policies," Hacienda Pública Española / Review of Public Economics, IEF, vol. 243(4), pages 123-146, December.
    5. Janssen, Matthijs J. & Abbasiharofteh, Milad, 2022. "Boundary spanning R&D collaboration: Key enabling technologies and missions as alleviators of proximity effects?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 180.
    6. Verónica Robert & Gabriel Yoguel, 2022. "Exploration of trending concepts in innovation policy," Review of Evolutionary Political Economy, Springer, vol. 3(2), pages 259-292, July.
    7. Janssen, Matthijs J. & Abbasiharofteh, Milad, 2022. "Boundary spanning R&D collaboration: Key enabling technologies and missions as alleviators of proximity effects?," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    8. Alje van Dam & Koen Frenken, 2020. "Vertical vs. Horizontal Policy in a Capabilities Model of Economic Development," Papers 2006.04624, arXiv.org.
    9. Manolis Manioudis & Antonios Angelakis, 2023. "Creative Economy and Sustainable Regional Growth: Lessons from the Implementation of Entrepreneurial Discovery Process at the Regional Level," Sustainability, MDPI, vol. 15(9), pages 1-18, May.

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