Innovation policy needs to change

Update: 2013-11-12

Description

Macroeconomist Michael Kitson argues that a new and much broader innovation policy is needed to create meaningful economic growth. Although investing in technology innovation is important for long-term growth it will not address the current need.

A new and broader innovation strategy should have innovation operating within a system and not just in individual markets. Essential are exchanges of ideas, and the building of both knowledge and networks to help deliver a more innovative economy.

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In Channel

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Business model innovation

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All change: crisis as opportunity

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When the 'dragons' come calling

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Innovation policy needs to change

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Innovation policy needs to change

A.G. Wright

Innovation policy needs to change