Arbeitspapier

Rationales and instruments for public innovation policies

Economic interest in innovation policy largely arises from the fundamental importance of innovation to social welfare and from inefficiencies in innovation in a competitive market environment. As a result, a wide variety of public innovation policies are used in practice. This study reviews the economic justifications for public innovation policies and compares the existing policy tools, paying particular attention to the Finnish innovation policy environment.

ISBN
978-952-462-000-0
Language
Englisch

Bibliographic citation
Series: Bank of Finland Research Discussion Papers ; No. 1/2013

Classification
Wirtschaft
Technological Change: Government Policy
Intellectual Property and Intellectual Capital
Innovation and Invention: Processes and Incentives
Financial Institutions and Services: Government Policy and Regulation
Business Taxes and Subsidies including sales and value-added (VAT)
Subject
Innovation policies
innovation
R&D
incentives
market failures

Event
Geistige Schöpfung
(who)
Takalo, Tuomas
Event
Veröffentlichung
(who)
Bank of Finland
(where)
Helsinki
(when)
2013

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Takalo, Tuomas
  • Bank of Finland

Time of origin

  • 2013

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