Article

The Comparative Institutional Analysis of Innovation: From Industrial Policy to the Knowledge Economy

Steven Casper

in The Oxford Handbook of Comparative Institutional Analysis

Published in print April 2010 | ISBN: 9780199233762
Published online May 2010 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199233762.003.0013

Series: Oxford Handbooks in Business and Management

 The Comparative Institutional Analysis of Innovation: From Industrial Policy to the Knowledge Economy

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This article surveys comparative institutional research from sociology and political science that seeks to explain patterns of innovation across the advanced industrial economies. It has two broad aims. Firstly, the article reviews three scholarly literatures that link innovation to the orientation of national institutional models: political science research on industrial policy and competitiveness, sociological institutionalism, and the varieties of capitalism tradition. Secondly, it explores in more detail how national institutional differences across the advanced industrial economies impact innovation within the knowledge economy. Drawing on recent research linking sectoral systems of innovation and national institutional models, the article explores how financial, labour market, and corporate governance institutions across different types of economies impact the organization of ‘radically innovative’ companies in new technology often associated with Silicon Valley.

Keywords: institutional research; sociology; political science; innovation; institutional models

Article.  12229 words. 

Subjects: Business and Management ; Business and Government ; Business Strategy

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