Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/23045
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dc.contributor.authorBasant, Rakesh
dc.date.accessioned2020-06-01T06:25:35Z
dc.date.available2020-06-01T06:25:35Z
dc.date.issued2018
dc.identifier.citationBasant, R. (2018). Exploring Linkages between Industrial Innovation and Public Policy: Challenges and Opportunities. Vikalpa, 43(2), 61–76. https://doi.org/10.1177/0256090918774699en_US
dc.identifier.issn2395-3799
dc.identifier.urihttp://hdl.handle.net/11718/23045
dc.descriptionIt 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.
dc.description.abstract
dc.language.isoenen_US
dc.publisherSage journalsen_US
dc.subjectInnovationen_US
dc.subjectIndustrial Innovation Innovation Policyen_US
dc.subjectPublic Policy-Innovation Linkagesen_US
dc.subjectIndiaen_US
dc.titleExploring linkages between industrial innovation and public policy: challenges and opportunitiesen_US
dc.typeArticleen_US
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