Chapter

Innovation Policy in the Globalizing Learning Economy

Bengt‐Åke Lundvall

in The Globalizing Learning Economy

Published in print October 2002 | ISBN: 9780199258178
Published online November 2003 | e-ISBN: 9780191595868 | DOI: http://dx.doi.org/10.1093/0199258171.003.0016
 Innovation Policy in the Globalizing Learning Economy

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In the introductory chapter, it was argued that an even broader set of policies needs to be integrated in a strategy to cope with the challenges of the learning economy. In this concluding chapter, the focus is on policies aiming directly at enhancing the capability to adapt and innovate. The first section discusses a new theoretical rationale for innovation policy by analysing different sources of competence building at the firm level. In doing so, it locates five areas where there is a special need to intervene in order to enhance the learning capability of the economy (human resource development, creating new forms of organization, building innovative networks, reorienting innovation policy towards service sectors, and integrating universities in the innovation process); these are discussed in the second section. The last two sections of the chapter address innovation policy in a wider perspective, and a European agenda for innovative policy.

Keywords: economic policy; Europe; globalization; human resources; innovation; innovation policy; learning economy; networks; organization; universities

Chapter.  8216 words. 

Subjects: Economic Development and Growth

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