On October 23rd, 2014, we updated our
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• Allocating sufficient resources to science to distribute them Major wisely between activities and Issues make sure that resources are used efficiently and contribute to social welfare • Universities • Research institution Elements of • Technological institutesInno. System • R&D laboratories
OBJECTIVE• It represented a shift from broader philosophical considerations to a more instrumental focus on national prestige and economic objectives.
Job rotationInterfunctional teams
Anapplication A long-termof standard outcome ofneoclassical research oneconomics innovation on andinnovation economics evolutionsINNOVATION POLICY
MAJOR REASON• A concept was the slow-down in economic growth around 1970 and the persistence of sluggish growth as compared to the first post-war decades.
• Public research • Public• Tax incentive procurement• Higher • Standardization education • Technology forecasting Science Policy • Corporate law • Consumer protectionThe Relationship • Competition regulation
NORMATIVE PRINCIPLES FOR DESIGN STI POLICIES• Robustness• Flexibility• Internal Diversity• External Diversity• Window of Opportunity• Incremental Approach• Experimentation and Prudence