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Market Creating Innovations in the EU Framework Programme. Methodology behind the Innovation Radar’s Market Creation Potential Indicator

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Abstract

Recognizing the fact that the support of the public sector of research and innovation lays the foundations for new technologies, industries and markets, this report presents the Market Creation Potential Indicator and applies it to the innovations coming out of the EC-funded FP research projects. This way, it contributes to the creation of a toolset to measure and assess the market creating effects of public R&I policies.

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  • Daniel Nepelski, 2020. "Market Creating Innovations in the EU Framework Programme. Methodology behind the Innovation Radar’s Market Creation Potential Indicator," JRC Research Reports JRC121066, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc121066
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    1. Mariana Mazzucato, 2016. "From market fixing to market-creating: a new framework for innovation policy," Industry and Innovation, Taylor & Francis Journals, vol. 23(2), pages 140-156, February.
    2. Chiara Eleonora De Marco & Alberto Di Minin & Cristina Marullo & Daniel Nepelski, 2019. "Digital platform innovation in European SMEs. An analysis of SME Instrument Business Proposals and Case Studies," JRC Research Reports JRC115240, Joint Research Centre.
    3. Martin, Stephen & Scott, John T., 2000. "The nature of innovation market failure and the design of public support for private innovation," Research Policy, Elsevier, vol. 29(4-5), pages 437-447, April.
    4. Vincent Van Roy & Daniel Nepelski, 2018. "Validation of the Innovation Radar assessment framework," JRC Research Reports JRC110926, Joint Research Centre.
    5. Mariana Mazzucato, 2015. "From Market Fixing to Market-Creating: A New Framework for Economic Policy," SPRU Working Paper Series 2015-25, SPRU - Science Policy Research Unit, University of Sussex Business School.
    6. Abernathy, William J. & Clark, Kim B., 1985. "Innovation: Mapping the winds of creative destruction," Research Policy, Elsevier, vol. 14(1), pages 3-22, February.
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    Keywords

    Research and innovation policy; market creating innovation; Framework Programme; European Commission; Europe;
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