Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/23045
Title: Exploring linkages between industrial innovation and public policy: challenges and opportunities
Authors: Basant, Rakesh
Keywords: Innovation;Industrial Innovation Innovation Policy;Public Policy-Innovation Linkages;India
Issue Date: 2018
Publisher: Sage journals
Citation: Basant, R. (2018). Exploring Linkages between Industrial Innovation and Public Policy: Challenges and Opportunities. Vikalpa, 43(2), 61–76. https://doi.org/10.1177/0256090918774699
Abstract: 
Description: It is widely understood now that innovation is critical for development and growth of an economy. World over, governments have worked with a variety of policies to encourage innovative activity. Significant research has gone into the analysis of the complex linkages between public policy and innovation. While this research has generated a lot of interesting insights, it has also identified several gaps in our understanding of these linkages. This article is an attempt to pool together some of the ideas that academic research has highlighted on the linkages between innovation and public policy and identify the current challenges as well as opportunities for meaningfully exploring these linkages further. While it draws a lot on existing studies, the article does not provide a comprehensive or rigorous review of the literature on this subject. It is, at best, a tentative attempt to provide a broad perspective on where we stand vis-à-vis our understanding on the relationship between innovation and public policy. And admittedly, it is one of the many perspectives that a researcher can potentially have on this complex relationship. The article is divided into seven sections. The first section provides a broad overview of the public policy–innovation interface (focusing more on industrial innovation) which the subsequent sections flesh out in some detail. The definitions of innovation and the perspective taken are deliberated upon. This is followed by a discussion of firm activities and choices that are related to innovation. The salient mechanisms through which public policy affects innovation through these choices are spelt out in the next section. This discussion is taken further by reviewing how various specific policies impinge on innovation through different mechanisms. The next section summarizes the issues relating to measurement while innovation– public policy linkages are analysed. The final section concludes with a brief discussion of potential areas of work in the context of India.
URI: http://hdl.handle.net/11718/23045
ISSN: 2395-3799
Appears in Collections:Journal Articles

Files in This Item:
File Description SizeFormat 
Exploring_Linkages.pdf
  Restricted Access
628.06 kBAdobe PDFView/Open Request a copy


Items in IIMA Institutional Repository are protected by copyright, with all rights reserved, unless otherwise indicated.