Systems thinking, market failure, and the development of innovation policy: The case of Australia

Research Policy

Volumn 40, Issue 9, 2011, Pages 1145-1156

  Dodgson, Mark ^a   Hughes, Alan ^b   Foster, John ^a   Metcalfe, Stan ^c  

^a UNIVERSITY OF QUEENSLAND   (Australia)

^b UNIVERSITY OF CAMBRIDGE   (United Kingdom)

^c UNIVERSITY OF MANCHESTER   (United Kingdom)

Author keywords

Australia; Complex evolutionary perspectives; Innovation policy; Market failure; National Innovation Systems; Systems thinking

Indexed keywords

AUSTRALIA; COMPLEX-EVOLUTIONARY PERSPECTIVES; INNOVATION POLICY; MARKET FAILURES; NATIONAL INNOVATION SYSTEMS; SYSTEMS THINKING;

COORDINATION REACTIONS; INNOVATION; SYSTEM THEORY;

COMMERCE;

EID: 80053981735     PISSN: 00487333     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.respol.2011.05.015     Document Type: Article

References (68)

1. Australia C.o. Powering Ideas: An Innovation Agenda for the 21st Century 2009 Department of Innovation, Industry, Science and Research Canberra
2. M. Balzat, and H. Hanusch Recent trends in the research on National Innovation Systems Journal of Evolutionary Economics 14 2004 197 210 (Pubitemid 38662293)
3. W. Baumol The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism 2002 Princeton University Press Princeton, NJ
4. W. Baumol, R. Litan, and C. Schramm Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity 2007 Yale University Press New Haven, CT
5. A. Bergek, S. Jacobsson, B. Carlsson, S. Lindmark, and A. Rickne Analyzing the functional dynamics of technological innovation systems: a scheme of analysis Research Policy 37 3 2008 407 429
6. S. Berger, and R. Dore National Diversity and Global Capitalism 1996 Cornell University Press Ithaca
7. G. Blainey Technology and innovation in Australia's historical development Innovation: Management Policy and Practice 8 4-5 2006 366 368
8. S. Box OECD Work on Innovation - A Stocktaking of Existing Work STI Working Paper 2009 OECD Paris
9. R. Boyer The convergence hypothesis revisited: globalization but still the century of nations? S. Berger, R. Dore, National Diversity and Global Capitalism 1996 Cornell University Press Ithaca
10. B. Collis Fields of Discovery: Australia's CSIRO 2002 Allen and Unwin Sydney
11. D. Connell Secrets of the World's Largest Seed Capital Fund 2006 Centre for Business Research, University of Cambridge Cambridge
12. Cutler & Co Venturous Australia - Building Strength in Innovation, Melbourne 2008
13. T. Cutler Innovation - where do we go from here? Fast Thinking 2006
14. T. Cutler From green to white...to amber? Fast Thinking 2009
15. P. Dasgupta, and P. David Towards a new economics of science Research Policy 23 5 1994 487 522
16. M.L. Dertouzos, R.K. Lester, and R.M. Solow Made in America: Regaining the Productive Edge 1989 HarperCollins Publishers New York
17. DISR Australian Innovation System Report 2010 2010 Department of Innovation, Industry, Science and Research Canberra
18. M. Dodgson Research and technology policy in Australia: legitimacy in intervention Science and Public Policy 16 3 1989 159 166
19. M. Dodgson, and J. Steen New innovation models and Australia's old economy J. Bessant, T. Venables, Creating Wealth from Knowledge 2008 Edward Elgar Cheltenham
20. Dodgson, M.; Hughes, A.; Foster, J.; Metcalfe, S.; 2010. Systems thinking, market failure, and the development of innovation policy: The case of Australia'. Centre for Business Research Working Paper 397, University of Cambridge. And University of Queensland Economics Discussion Paper No. 403, Department of Economics, University of Queensland.
21. M. Dodgson, and R. Green Innovation dumped on campaign trail Australian Financial Review, 4th August: 63 2010
22. R. Dore Stock Market Capitalism: Welfare Capitalism: Japan and Germany versus the Anglo-Saxons 2000 Oxford University Press Oxford
23. DTI Competing in the global economy: the innovation challenge D.o.T.a. Industry (ed) 2003
24. C. Edquist Systems of innovation: perspective and challenges J. Fagerberg, D. Mowery, R. Nelson, Oxford Handbook of Innovation 2005 Oxford University Press Oxford
25. C. Edquist, and L. Hommen Small country innovation systems: globalization Change and Policy in Asia and Europe 2008 Edward Elgar Cheltenham
26. C. McKelvey Edquist Systems of Innovation: Growth, Competitiveness and Employment 2000 Edward Elgar Cheltenham
27. J. Foster Competitive selection, self-organization and Joseph A. Schumpeter Journal of Evolutionary Economics 10 2000 311 328
28. J. Foster From simplistic to complex systems in economics Cambridge Journal of Economics 29 6 2005 873 892 (Pubitemid 41762397)
29. J. Foster Productivity, Creative Destruction and Innovation Policy 2010 Occasional Paper, Australian Business Foundation Sydney
30. C. Freeman The Economics of Hope: Essays on Technical Change, Economic Growth and the Environment 1992 Pinter Publishers London and New York
31. C. Freeman, and L. Soete Developing science, technology and innovation indicators: what we can learn from the past Research Policy 38 4 2009 583 589
32. F. Gault Science, technology and innovation indicators: the context of change Science, Technology and Innovation Indicators in a Changing World: Responding to Policy Needs 2007 OECD Paris
33. R. Gregory The Australian Innovation System R. Nelson, National Innovation Systems: A Comparative Analysis 1993 Oxford University Press New York
34. P.A. Hall, and D. Soskice Varieties of Capitalism: The Institutional Foundations of Comparative Advantage 2001 Oxford University Press Oxford
35. Howard, and Partners Knowledge Exchange Networks in Australia's Innovation System: Overview and Strategic Analysis 2005 Report Commissioned by the Department of Education, Science and Training Canberra
36. A Hughes Innovation policy as cargo cult: myth and reality in knowledge-led productivity growth J. Bessant, T. Venables, Creating Wealth from Knowledge. Meeting the Innovation Challenge 2008 Cheltenham Edward Elgar
37. A. Hughes, and Grinevich The Contribution of Services and other Sectors to Australian Productivity Growth 1980-2004 2007 Australian Business Foundation Sydney
38. A. Hughes, and M. Scott Morton The transforming power of complementary assets MIT Sloan Management Review 47 4 2006 50 58 (Pubitemid 44147025)
39. Insight and Economics Economic Impact Study of the CRC Program 2006 Report Prepared for the Department of Education, Science and Training Canberra
40. C. Johnson MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975 1982 Stanford University Press Stanford
41. B.-A. Lundvall National Innovation Systems - analytical concept and development tool Industry and Innovation 14 1 2007 95 119 (Pubitemid 47177032)
42. F. Malerba Sectoral systems of innovation: concepts Issues and Analyses of Six Major Sectors in Europe 2004 Cambridge University Press Cambridge
43. F. Malerba, R.N. Nelson, L. Orsenigo, and S. Winter Public policies and changing boundaries of firms in a "history-friendly" model of the co-evolution of the computer and semiconductor industries Journal of Economic Behavior & Organization 67 2 2008 355 380
44. I. Marsh, and L. Edwards The Development of Australia's Innovation Strategy: Can the Public Sector System Assess New Policy Frameworks?' Occasional Paper 2008 Australian Business Foundation Sydney
45. M. McKelvey, and M. Holmen Flexibility and Stability in the Innovating Economy 2006 Oxford University Press Oxford
46. J.S. Metcalfe The economics of evolution and the economics of technology policy Economic Journal 104 1994 931 944
47. S. Metcalfe The economic foundations of technology policy: equilibrium and evolutionary perspectives P. Stoneman, Handbook of the Economics of Innovation and Technological Change 1995 Blackwell Publishers Oxford, UK
48. J.S. Metcalfe Innovation systems, innovation policy and restless capitalism F. Malerba, S. Brusconi, Perspectives on Innovation 2007 Cambridge University Press Cambridge 441 454
49. S. Metcalfe, and R. Ramlogan Innovation systems and the competitive process in developing economies The Quarterly Review of Economics and Finance 48 2 2008 433 446
50. J. Moody, and M. Dodgson Managing compexity in complex product systems: lessons from the development of a new satellite Journal of Technology Transfer 31 5 2005 567 588
51. D. Mowery, and A. Ziedonis Market failure of market magic? Structural change in the US National Innovation System STI Review 22 1998 101 136
52. L.K. Mytelka, and K. Smith Policy learning and innovation theory: an interactive and co-evolving process Research Policy 31 8-9 2002 1467 1479
53. R. Nelson National Innovation Systems: A Comparative Analysis 1993 Oxford University Press New York
54. J. Nill, and R. Kemp Evolutionary approaches for sustainable innovation policies: from niche to paradigm? Research Policy 38 4 2009 668 680
55. M. O'Kane, Australia, and Dept. of Innovation, I.S.a.R. Collaborating to a Purpose [Electronic Resource]: Review of the Cooperative Research Centres Program 2008 A.C.T.: Dept. of Innovation, Industry, Science and Research Canberra
56. OECD Innovation Policy and Performance: A Cross Country Comparison 2005 OECD Paris
57. OECD Science, Technology and Innovation Indicators in a Changing World: Responding to Policy Needs 2007 OECD Paris
58. OECD Main Science and Technology Indicators 2009 OECD Paris
59. OECD The OECD Innovation Strategy 2010 OECD Paris
60. Pappas Carter, E.; Koop, Australia, Industry Research and Development, B. 1991. Innovation in Australia: Report for the Industry Research and Development Board/by Pappas Carter Evans & Koop, the Boston Consulting Group. Australian Govt. Pub. Service, Canberra.
61. Productivity and Commission Research and Development: Industry Commission Inquiry Report 1995 Australian Government Publishing Service Canberra
62. Productivity and Commission Public Support for Science and Innovation: Research Report/Productivity Commission 2007 Productivity Commission Canberra
63. Royal Society Hidden Wealth: The Contribution of Science to Service Sector Innovation 2009 Royal Society London
64. L. Sainsbury The Race to the Top - A Review of Government's Science and Innovation Policies, by Lord Sainsbury of Turville 2007 HM Treasury London
65. N. Sharif Emergence and development of the National Innovation Systems concept Research Policy 35 5 2006 745 766 (Pubitemid 44218920)
66. K. Smith Measuring innovation J. Fagerberg, D.C. Mowery, R.R. Nelson, The Oxford Handbook of Innovation 2005 Oxford University Press Oxford
67. G. Upstill, and T. Spurling Adjusting to changing times: CSIRO since the 1970s Innovation: Management, Policy and Practice 9 2 2007 113 124
68. R. Wade Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization 2nd 2004 Princeton University Press Princeton