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Bureaucrats or Markets in Innovation Policy?

PublikationBok
Christian Sandström, Financing of Innovations, Innovation, Innovationspolitik, Karl Wennberg, Nils Karlson
Bureaucrats or Markets in Innovation
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Sammanfattning

How can innovation best be promoted? Based on a major interdisciplinary research program with a special focus on Sweden, paired with international research, this book shows that targeted interventions and firm subsidies do not have the intended effects but instead creates policy failures, government waste and rent-seeking. Instead, innovation policy should focus on supplying the right competencies and on improving the institutions of the market economy and the general conditions for enterprise.

Markets rather than bureaucrats are decisive for innovation, industrial development and growth.

Sandström, C., Wennberg, K. & Karlson, N. (2019). Bureaucrats or Markets in Innovation Policy? Stockholm: Ratio.

Liknande innehåll

Statskonst på Utbildningsdepartementet
BokkapitelPublikation
Karlson, N.
Ladda ner
Publiceringsår

2024

Publicerat i

Per Unckel – Den pragmatiske visionären som förändrade Sverige

Sammanfattning

Nils Karlson, professor i statsvetenskap och Ratios grundare, skriver om tidigare utbildnings- och forskningsminister Per Unckels (M) omstöpning av det svenska universitets- och högskolesystemet i början av 1990-talet, i antologin Per Unckel – Den pragmatiske visionären som förändrade Sverige (Förlagsaktiebolaget Svensk Tidskrift).

Läs mer om boken här.

Learning from Overrated Mission-Oriented Innovation Policies: Seven Takeaways
BokkapitelPublikation
Henrekson, M., Sandström, C., & Stenkula, M.
Publiceringsår

2024

Publicerat i

Springer Nature.

Sammanfattning

This chapter integrates findings from several different case studies on mission-oriented innovation policies (MOIPs) and makes use of the existing literature to briefly describe three other missions: The War on Cancer, homeownership in the United States, and the Swedish Million Program. Together with the analyses in the other chapters of this volume, seven takeaways regarding mission-oriented innovation policies are developed and described: (1) wicked problems cannot be solved through missions, (2) politicians and government agencies are not exempt from self-interest, (3) MOIPs are subject to rent seeking and mission capture, (4) policymakers lack information to design MOIPs efficiently, (5) MOIPs distort competition, (6) government support programs distort incentives and result in moral hazard, and (7) MOIPs ignore opportunity costs. These seven takeaways are illustrated using the cases described in this chapter and elsewhere in this volume.

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