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The significance of a broad-based innovation policy for renewal of industry

CENTER FOR INNOVATION, RESEARCH AND COMPETENCE IN THE LEARNING ECONOMY. The significance of a broad-based innovation policy for renewal of industry. Martin Andersson Professor of Innovation Studies CIRCLE, Lund University (Dep. Director) Professor of Industrial Economics

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The significance of a broad-based innovation policy for renewal of industry

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  1. CENTER FOR INNOVATION, RESEARCH AND COMPETENCE IN THE LEARNING ECONOMY The significance of a broad-based innovation policy for renewal of industry Martin Andersson Professor of Innovation Studies CIRCLE, Lund University (Dep. Director) Professor of Industrial Economics Blekinge Institute of Technology (BTH), Karlskrona martin.andersson@circle.lu.se

  2. Innovation Policy • Policy and measuresintended to influenceinnovation activites • Policy and measuresthatdo influence innovation activity

  3. ”Environment” for innovation(frameworkconditons) • Connectedness (international/national) • Infrastructure policy • IT policy • IP protection • IP policy • Entrepreneurship/mobility • Attitudes, legitimation • Labor market policy • Taxes • Regulatoryburden • Supply of ”talent” • Education policy • Public research policy (funding systems) • Immigration policy • ”Big city” policy • Internationalization • Trade policy • Oppeness • Finance • Taxes • R&D subsidies • Venture capital markets

  4. Environment for innovation • ”Indirect” • Attactiveness of as location for innovatingfirms • ”Direct” • Facilitate/enabling innovation in or from existingactivities

  5. Interactionbetweeninnovatingincumbentfirms and ”novelty” • Traininggrounds for experiencedlabor and next generation of entrepreneurs • ”Spillover agents” • Evidence from historical evolution of innovation ”clusters” • Market for specializedhighlyeducatedlabor • R&D investments

  6. Gordon Moore, the founder of Intel and also known for “Moore’s law” • “… successful startups almost always begin with an idea that has ripened in the research organization of a large company (or university). Any region without larger companies at the technology frontier or research organizations of large companies will probably have fewer companies starting or spinning off”

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