The slowdown of growth in Western industrialized nations in the last twenty years, along with the rise of Japan as a major economic and technological power (and enhanced technical sophistication of Taiwan, Korea, and other NICs) has led to what the authors believe to be a "techno-nationalism." This combines a strong belief that technological capabilities of a nation;s firms are a key source of their competitive process, with a belief that these capabilities are in a sense national, and can be built by national action. This book is about these national systems of technical innovation. The heart of the work contains studies of seventeen countries--from large market-oriented industrialized ones to several smaller high income ones, including a number of newly industrialized states as well. Clearly written, this work highlights institutions and mechanisms which support technical innovation, showing similarities, differences, and their sources across nations, making this work accessible to students as well as the scholars of innovation.

Since its emergence in the 1980s the national innovation system (NIS) concept has become widely used by scholars and policymakers alike. In the course of its rapid diffusion it has provoked controversy on fundamental issues. Where did NIS emerge? What is the theoretical core of the concept? Is it actually a scientific concept or simply a buzz-word? How useful is it in terms of low income countries? How does the national innovation system relate to economic, social and environmental sustainable development? Is it meaningful to study national systems in a globalizing economy? What are the legitimate policy implications? This book provides an in depth analysis of all these questions as well as recommending future avenues of research.

'National Systems of Innovation' presents a new perspective on the dynamics of the national and the global economy. Its starting point is that the international competitiveness of nations is founded on innovation. Which role do different parts of the national system play in determining the long-term dynamics of the economy? What is happening to the coherence of national systems of innovation in an era characterised by far-reaching internationalisation and globalisation? These and other issues are addressed in this volume. Available for the first time in paperback, the book is an invaluable resource for scholars and policy-makers.

This study defines the aims and tools of a new innovation policy and identifies examples of good policy practice recently implemented in OECD countries.

This study surveys the manner in which 17 different countries have evolved systems for technological innovation. Methods are compared not only in large, industrialized nations, but also in developing countries and smaller nations with high incomes.

Existing literature looks at national innovation systems from the perspective of either "inside the black box" or "outside the black box". This is the first book that analyzes both the inside and outside of the black box using a general equilibrium framework. The book looks at what is outside the black box and provides models of path-dependent endogenous growth; examines the dynamics of the black box from the intersectoral perspective of the economy; and proposes an innovation flow matrix. It also takes into account both business cycles and endogenous innovation in the unified New Keynesian dynamic stochastic general equilibrium (DSGE) model and examines how business cycles and other policy shocks affect endogenous innovation. The unified treatment of the national innovation system from perspectives both inside and outside the black box using rigorous economic models and empirical analyses makes this an enlightening work, shedding new light on innovation economics.

This unique book brings together new perspectives on inclusive development and the kinds of science, technology and innovation that can foster this form of development.