Systems Failure and the Case for Innovation Policy

By J. Stanley Metcalfe. 2005

130 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/feca2c91287fa2fe282d67486fedd1b975cd5479

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Citations in the corpus

Innovation policy: What, why, and how (2017, background): “…literature, therefore, is that the state should not limit itself to provide funding for basic knowledge and help to protect innovation through implementation of IPRs, as the market failure perspective would suggest, but also identify and rectify such systemic problems (Metcalfe, 1994, 1995, 2005).”
Public-private partnerships as systemic agricultural innovation policy instruments – Assessing their contribution to innovation system function dynamics (2019, background): “In the market failure approach, innovation problems were blamed on market imperfections that would hinder the selection of technological superior options (Metcalfe, 2005).”
Innovation Policy: Rationales, Lessons and Challenges (2017, background): “Such «problems» requiring policymakers’ attention are sometimes called ‘system failure’ (Metcalfe, 2005) and this practice has also been adopted by the OECD (2010a,b, 2015a).”
Systems of Innovation (2009, background): “Their potency lies in the indirect effects that they have throughout the system, but such repercussions are hard to predict precisely, and therefore policies must be experimental in nature (Metcalfe, 2005).”
The market failure and the systemic failure rationales in technological innovation systems (2013, background): “…and Johnson, 2000; Arnold, 2004; Woolthuis et al., 2005), i.e. with problems rooted in the interactive behaviour of the agents in the system and the institutions which drive them (Carlsson and Jacobsson, 1997; Edquist, 1997; Rotmans et al., 2001; Foster and Metcalfe, 2001; Metcalfe, 2005).”
Driving innovation: Public policy and human capital (2019, background): “According to the systems failure approach, policy support will enhance opportunities and capabilities for innovation (Metcalfe, 2005).”
The Aims and Scope of Evolutionary Economic Geography (2010, methodology): “7 taken from Generalised Darwinism, especially those of variety, selection, novelty and retention (see, for example, Witt, 2003; Metcalfe, 2005).”