Innovation Policy for Development: an Overview

This paper was prepared for the LAEBA 2005 second annual meeting in Buenos Aires, Argentina. It is meant to provide a framework for thinking systematically about innovation policies for development, without venturing into specific, recipe-like policy recommendations. It does so by identifying and dissecting the key issues that arise in this context, and by examining in some detail the case of innovation policy in Israel, which sheds light both on the promise and the limitations of such policies.

[1]  P. Romer.  Increasing Returns and Long-Run Growth , 1986, Journal of Political Economy.

[2]  Joel Mokyr,et al.  The Great Synergy: The European Enlightenment as a Factor in Modern Economic Growth , 2006 .

[3]  D. Gregori,et al.  Inside the Black Box: Technology and Economics , 1984 .

[4]  G. Grossman,et al.  Innovation and growth in the global economy , 1993 .

[5]  Elhanan Helpman,et al.  International R&D spillovers , 1995 .

[6]  Joel Mokyr,et al.  The Lever of Riches: Technological Creativity and Economic Progress , 1991 .

[7]  P. Romer.  Endogenous Technological Change , 1989, Journal of Political Economy.

[8]  Moses Abramovitz,et al.  Resource and Output Trends in the United States Since 1870. Occasional Paper 1952 , 1958 .

[9]  Zvi Griliches,et al.  Technology, education, and productivity , 1988 .

[10]  Helen Shapiro.  Engines of Growth , 1994 .

[11]  R. Solow.  TECHNICAL CHANGE AND THE AGGREGATE PRODUCTION FUNCTION , 1957 .

[12]  Boyan Jovanovic,et al.  General Purpose Technologies , 2005 .

[13]  Philip E. Auerswald,et al.  Between Invention and Innovation An Analysis of Funding for Early-Stage Technology Development , 2002 .

[14]  Manuel Trajtenberg.  Innovation in Israel 1968-97: a Comparative Analysis Using Patent Data , 1999 .

[15]  A. Kokko,et al.  How Foreign Investment Affects Host Countries , 1996 .

[16]  C. I. Jones,et al.  Measuring the Social Return to R&D , 1997 .

[17]  K. Arrow.  Economic Welfare and the Allocation of Resources for Invention , 1962 .

[18]  Manuel Trajtenberg,et al.  A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies , 1994 .

[19]  Zvi Griliches,et al.  R&D, Patents, and Productivity , 1981 .

[20]  E. Mansfield.  Industrial research and technological innovation , 1968 .

[21]  Elhanan Helpman,et al.  North-South R & D Spillovers , 1997 .

[22]  G. Avnimelech,et al.  Evolutionary Innovation and High Tech Policy: What Can We Learn from Israel's Targeting of Venture Capital? , 2005 .

[23]  R. Nelson,et al.  American Universities and Technical Advance in Industry , 1994 .

[24]  D. Jorgenson,et al.  Information Technology and the World Economy , 2005 .

[25]  Daniel A. Levinthal,et al.  Innovation and Learning: The Two Faces of R&D , 1989 .