000 nab a22 4500
999 _c94433
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100 _aBasant, Rakesh
245 _a Exploring Linkages between Industrial Innovation and Public Policy: Challenges and Opportunities
260 _a
_b
_c
300 _a61-76 p.
520 _aIt is widely understood now that innovation is critical for development and growth of an economy. World over, governments have worked with a variety of policies to encourage innovative activity. Significant research has gone into the analysis of the complex linkages between public policy and innovation. While this research has generated a lot of interesting insights, it has also identified several gaps in our understanding of these linkages. This article is an attempt to pool together some of the ideas that academic research has highlighted on the linkages between innovation and public policy and identify the current challenges as well as opportunities for meaningfully exploring these linkages further. While it draws a lot on existing studies, the article does not provide a comprehensive or rigorous review of the literature on this subject. It is, at best, a tentative attempt to provide a broad perspective on where we stand vis-à-vis our understanding on the relationship between innovation and public policy. And admittedly, it is one of the many perspectives that a researcher can potentially have on this complex relationship. The article is divided into seven sections. The first section provides a broad overview of the public policy–innovation interface (focusing more on industrial innovation) which the subsequent sections flesh out in some detail. The definitions of innovation and the perspective taken are deliberated upon. This is followed by a discussion of firm activities and choices that are related to innovation. The salient mechanisms through which public policy affects innovation through these choices are spelt out in the next section. This discussion is taken further by reviewing how various specific policies impinge on innovation through different mechanisms. The next section summarizes the issues relating to measurement while innovation–public policy linkages are analysed. The final section concludes with a brief discussion of potential areas of work in the context of India.
650 _aInnovation
650 _aIndustrial Innovation
650 _aInnovation Policy
650 _a Public Policy-Innovation Linkages
773 0 _039826
_dIndian Institute of Management Ahmadabad
_oS88440
_tVikalpa:The Journal for Decision Makers; 43(2) April-June2018
_x0256-0909
856 _uhttp://192.168.6.75/libsuite/mm_files/Articles/AR16833.pdf
942 _2ddc
_c8