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Handbook of Innovation Policy Impact

Edited by Jakob Edler, Professor, Paul Cunningham, Senior Research Fellow, Abdullah Gök, Lecturer, Manchester Institute of Innovation Research, Alliance Manchester Business School, University of Manchester and Philip Shapira, Manchester Institute of Innovation Research, Alliance Manchester Business School, University of Manchester, UK, and Georgia Institute of Technology, US
Innovation underpins competitiveness, is crucial to addressing societal challenges, and its support has become a major public policy goal. But what really works in innovation policy, and why? This Handbook, compiled by leading experts in the field, is the first comprehensive guide to understanding the logic and effects of innovation polices. The Handbook develops a conceptualisation and typology of innovation policies, presents meta-evaluations for 16 key innovation policy instruments and analyses evidence on policy-mix. For each policy instrument, underlying rationales and examples are presented, along with a critical analysis of the available impact evidence. Providing access to primary sources of impact analysis, the book offers an insightful assessment of innovation policy practice and its evaluation.
Extent: 608 pp
Hardback Price: $270.00 Web: $243.00
Publication Date: 2016
ISBN: 978 1 78471 184 9
Availability: In Stock
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  • Business and Management
  • Organisational Innovation
  • Economics and Finance
  • Economics of Innovation
  • Innovation and Technology
  • Economics of Innovation
  • Innovation Policy
  • Organisational Innovation
Innovation underpins competitiveness, is crucial to addressing societal challenges, and its support has become a major public policy goal. But what really works in innovation policy, and why? This Handbook, compiled by leading experts in the field, is the first comprehensive guide to understanding the logic and effects of innovation polices.

The Handbook develops a conceptualisation and typology of innovation policies, presents meta-evaluations for 16 key innovation policy instruments and analyses evidence on policy-mix. For each policy instrument, underlying rationales and examples are presented, along with a critical analysis of the available impact evidence. Providing access to primary sources of impact analysis, the book offers an insightful assessment of innovation policy practice and its evaluation. The Handbook’s final chapter draws overall conclusions, reflects on the merits and limits of evaluation and impact analysis in innovation policy and suggests tangible improvements.

This Handbook is an indispensable source for researchers, analysts, students and practitioners of innovation policy at all levels, as well as all those interested in policy analysis and evaluation more generally.
'This is a highly important and timely Handbook. Innovation is of growing importance for future growth and wellbeing, as the foundation for new businesses, jobs and productivity growth, to help address climate change and other global challenges, and as way to improving public services. But we still know too little about what drives innovation, and which policies can make innovation work. This Handbook is an important effort to fill this gap. It provides a systematic analysis of the evidence on a wide range of innovation policy instruments, ranging from fiscal incentives to R&D, to cluster policies, to pre-commercial procurement. It also explores the various policy rationales that underpin innovation policies and provides practical examples of a wide range of policies. The Handbook will be a highly valuable reference for academics and policy makers alike, in OECD countries and beyond. It will certainly be a key source for the work of the OECD on innovation and innovation policy, and will hopefully be the start of further work to strengthen the evidence base for innovation policies.'
– Dirk Pilat, OECD Directorate for Science, Technology & Industry

'Much more than a “handbook”, this volume reviews what we have learned over 30 years of innovation policy and synthesizes the lessons into action. The timing could not be more crucial: Academics, policy makers, politicians, stakeholders and evaluators increasingly ask the question of “what works?” when it comes to innovation policy. The demand for innovation policy to deliver more growth, better competitiveness, and improved public services is growing. This Handbook sets the standard for learning in innovation policy, as it brings together and analyses the existing evidence on the full range of innovation policy measures. Analysis is at the core of the approach taken by the authors and editors, reporting on the breadth and quality of the underlying evidence. Its major merit lies in conceptualising innovation policy in ways that appeal to many stakeholders. The Handbook is not just cheerleading for innovation—it takes a critical stance on the meaning of context, the shortcomings of some existing evidence and methods, and the conditions and limits of policy interventions. It is a breakthrough in the literature on impact of innovation policy, of highest possible value to academics, evaluators, and policy makers who are making the tough decisions about the future of competitiveness and innovation.' – Caroline S. Wagner, The Ohio State University, US and Editor of Science and Public Policy

'Business, media and policymakers all increasingly emphasize innovation as a source of economic development and as a means to tackle social challenges that arise. As a consequence the question of how public policy can stimulate innovation has received more attention, and a number of different policy instruments – and combinations of these – have emerged and have also been tried out in practice. This book, written by a highly qualified team of experts from the Manchester Institute of Innovation Research and a number of leading scholars from other organisations, addresses the question of what is known about the effects of innovation policy, i.e., what works under which circumstances and why. For this purpose fifteen different types of innovation policy, ranging from for example R&D subsidies via public procurement to regulation and technology foresight, are distinguished and almost 600 previous evaluations of various aspects of innovation policy consulted. The interaction of different policies, e.g., the policy mix, is also considered. This highly authoritative volume offers a unique overview and synthesis of the available knowledge on innovation policy impacts. It will be indispensable reading for scholars as well as policy makers interested in this relatively new and rapidly growing field of public policy.'
– Jan Fagerberg, University of Oslo, Norway
Contributors: K. Blind, J. Cassingena Harper, P. Cunningham, J. Edler, K. Flanagan, A. Gök, D. Grimshaw, B. Jones, C. Köhler, P. Larédo, R. Ramlogan, C. Rammer, J. Rigby, P. Shapira, E. Uyarra, J. Youtie











Contents:

1. Introduction: Making Sense of Innovation Policy
Jakob Edler, Abdullah Gök, Paul Cunningham, and Philip Shapira

2. The Impact of Fiscal Incentives for R&D
Philippe Larédo, Christian Köhler and Christian Rammer

3. The Impact of Direct Support to R&D and Innovation in Firms
Paul Cunningham, Abdullah Gök and Philippe Larédo

4. The Impact of Skill Formation Policies on Innovation
Barbara Jones and Damian Grimshaw

5. The Impact and Effectiveness of Entrepreneurship Policy
John Rigby and Ronnie Ramlogan

6. The Impact of Technology and Innovation Advisory Services
Philip Shapira and Jan Youtie

7. The Impact of Cluster Policy on Innovation
Elvira Uyarra and Ronnie Ramlogan

8. The Impact of Innovation Policy Schemes for Collaboration
Paul Cunningham and Abdullah Gök

9. The Impact of Innovation Networks
Paul Cunningham and Ronnie Ramlogan

10. The Impact of Policy Measures to Stimulate Private Demand for Innovation
Jakob Edler

11. The Impact of Public Procurement of Innovation
Elvira Uyarra

12. The Impact of Pre-Commercial Procurement on Innovation
John Rigby

13. The Impact of Innovation Inducement Prizes
Abdullah Gök

14. The Impact of Standardisation and Standards on Innovation
Knut Blind

15. The Impact of Regulation on Innovation
Knut Blind

16. The Impact of Technology Foresight on Innovation and Innovation Policy
Jennifer Cassingena Harper

17. The Innovation Policy Mix
Paul Cunningham, Jakob Edler, Kieron Flanagan and Philippe Larédo

18. Conclusions: Evidence on the Effectiveness of Innovation Policy Intervention
Jakob Edler, Philip Shapira, Paul Cunningham and Abdullah Gök

Index