Template-type: ReDIF-Paper 1.0
Author-Name: Mani, Sunil
Author-Email: Mani@intech.unu.edu
Author-Workplace-Name: United Nations University, Institute for New Technologies
Title: Public Innovation Policies and Developing Countries In a Phase of Economic Liberalisation
Abstract: It is now fairly well established both in theory and practice that if industrial
	 R&D is left entirely in the hands of private sector enterprises there will be under
	 investments. The desire to under invest is proportional to the size of the
	 spill-over gap. In order to correct for these, public innovation policies are
	 conceived. The paper undertakes a rather detailed survey of the public innovation
	 policies across the developed countries. It is noted that all over the developed
	 world there is a renewed emphasis on public innovation policies to offset the
	 recent slow down in business enterprise R&D. Particular focus is given to those
	 instruments of innovation policy that leads to more investments in R&D by the
	 private sector without at the same time imposing the discretionary role of the
	 state. The paper concludes by exploring the relevance of such instruments to
	 developing countries most of which are engaged in reducing the discretionary role
	 of the state with respect to economic matters
Keywords: Technology Policy, Government Policy, National Policy, Developing Countries
Series: Discussion Paper
Creation-Date: 1999
Number: 1999-02
File-URL: https://www.merit.unu.edu/publications/discussion-papers/9902.pdf
File-Format: application/pdf
File-Size: 406 Kb
Handle: RePEc:unm:unuint:199902