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Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies. / Dan Breznitz.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Breznitz, Dan.
- Series:
- Other papers
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Biotechnology.
- Capital Markets.
- Corporations.
- Corruption.
- Credibility.
- Development Economics & Aid Effectiveness.
- Economic Development.
- Economic Growth.
- Economic theory & Research.
- Elites.
- Engineering.
- Financial Crisis.
- Global Economy.
- Globalization.
- Good Governance.
- Ict Policy and Strategies.
- Information and Communication Technologies.
- Innovation.
- Insurance.
- Macroeconomics and Economic Growth.
- Market Economy.
- Mobile Communications.
- Private Sector.
- Productivity.
- Property Rights.
- Public Investment.
- Science and Technology Development.
- Technology Innovation.
- Telecommunications.
- Local Subjects:
- Biotechnology.
- Capital Markets.
- Corporations.
- Corruption.
- Credibility.
- Development Economics & Aid Effectiveness.
- Economic Development.
- Economic Growth.
- Economic theory & Research.
- Elites.
- Engineering.
- Financial Crisis.
- Global Economy.
- Globalization.
- Good Governance.
- Ict Policy and Strategies.
- Information and Communication Technologies.
- Innovation.
- Insurance.
- Macroeconomics and Economic Growth.
- Market Economy.
- Mobile Communications.
- Private Sector.
- Productivity.
- Property Rights.
- Public Investment.
- Science and Technology Development.
- Technology Innovation.
- Telecommunications.
- Other Title:
- Scaling Up and Sustaining Innovation Policies and Projects
- Place of Publication:
- Washington, D.C. : The World Bank, 2012.
- System Details:
- data file
- Summary:
- This paper examines how two historically low-technology economies, Finland and Israel, assumed leadership in new, rapid innovation-based industries. The paper argues that Schumpeterian development agencies, the Finnish Fund for Research and Development and the Israeli Office of the Chief Scientist in the Ministry of Trade and Industry played a transformative role, introducing new science and technology policies and facilitating industrial restructuring. In contrast to literature on the developmental state, however, argues that these agencies were located the periphery of the public sector, with few hard resources. The paper describes how their peripheral location facilitated successful experimentation. It also explains how ostensibly marginal agencies could successfully scale and monitor new initiatives. More specifically, it argues that reform-oriented policy-makers in small states could leverage extensive inter-personal networks to facilitate scaling and international openness to facilitate monitoring. In identifying specific mechanisms by which policy-makers introduced, scaled and monitored policies, it also explains why these two historically innovative economies have struggled to support experimentation in recent years.
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