Innovation in the Business Sector:
This paper draws together the key findings from separate detailed analyses of the determinants of R&D, patenting and the commercial introduction of innovations in the business sector in order to identify the policies, institutions and framework factors that provide the most effective means of su...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2005
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| Schriftenreihe: | OECD Economics Department Working Papers
no.459 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper draws together the key findings from separate detailed analyses of the determinants of R&D, patenting and the commercial introduction of innovations in the business sector in order to identify the policies, institutions and framework factors that provide the most effective means of supporting innovation. The evidence suggests that there is a clear role for framework conditions, framework policies and specific science policies, both independently and in interaction with each other. Policies that raise the absorptive capacity of the economy (the capacity to understand and make use of new knowledge) are likely to have dual benefits, not only helping to stimulate new innovative activities, but also helping to maximise the benefits to be gained from the existing stock of knowledge. Potential policy trade-offs also need to be taken into account. Some policies that offer benefits for current innovation also have costs that could adversely affect future incentives to innovate. Others have trade-offs when considered in combination. Cross-country differences in the level of R&D intensity are shown to be closely correlated with crosscountry differences in science policies and institutions. Framework conditions and policies have an important influence when accounting for cross-country differences in the rate of change of R&D intensities over time. |
| Beschreibung: | 1 Online-Ressource (58 p.) 21 x 29.7cm. |
| DOI: | 10.1787/688727757285 |
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| spelling | Jaumotte, Florence VerfasserIn aut Innovation in the Business Sector Florence, Jaumotte and Nigel, Pain = L'innovation dans le secteur des entreprises / Florence, Jaumotte et Nigel, Pain L'innovation dans le secteur des entreprises Paris OECD Publishing 2005 1 Online-Ressource (58 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.459 This paper draws together the key findings from separate detailed analyses of the determinants of R&D, patenting and the commercial introduction of innovations in the business sector in order to identify the policies, institutions and framework factors that provide the most effective means of supporting innovation. The evidence suggests that there is a clear role for framework conditions, framework policies and specific science policies, both independently and in interaction with each other. Policies that raise the absorptive capacity of the economy (the capacity to understand and make use of new knowledge) are likely to have dual benefits, not only helping to stimulate new innovative activities, but also helping to maximise the benefits to be gained from the existing stock of knowledge. Potential policy trade-offs also need to be taken into account. Some policies that offer benefits for current innovation also have costs that could adversely affect future incentives to innovate. Others have trade-offs when considered in combination. Cross-country differences in the level of R&D intensity are shown to be closely correlated with crosscountry differences in science policies and institutions. Framework conditions and policies have an important influence when accounting for cross-country differences in the rate of change of R&D intensities over time. Economics Pain, Nigel MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/688727757285 Volltext |
| spellingShingle | Jaumotte, Florence Innovation in the Business Sector Economics |
| title | Innovation in the Business Sector |
| title_alt | L'innovation dans le secteur des entreprises |
| title_auth | Innovation in the Business Sector |
| title_exact_search | Innovation in the Business Sector |
| title_full | Innovation in the Business Sector Florence, Jaumotte and Nigel, Pain = L'innovation dans le secteur des entreprises / Florence, Jaumotte et Nigel, Pain |
| title_fullStr | Innovation in the Business Sector Florence, Jaumotte and Nigel, Pain = L'innovation dans le secteur des entreprises / Florence, Jaumotte et Nigel, Pain |
| title_full_unstemmed | Innovation in the Business Sector Florence, Jaumotte and Nigel, Pain = L'innovation dans le secteur des entreprises / Florence, Jaumotte et Nigel, Pain |
| title_short | Innovation in the Business Sector |
| title_sort | innovation in the business sector |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/688727757285 |
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