Search

A revised perspective on innovation policy for renewal of mature economies – Historical evidence from finance and telecommunications in Sweden 1980–1990

PublicationArticle (with peer review)
Christian Sandström, Christofer Laurell, Företagandets villkor, Innovation, Jerker Moodysson, Klas Eriksson, Mirko Ernkvist, Rasmus Nykvist

Abstract

What is the role of innovation policy for accomplishing renewal of mature industries in Western economies? Drawing upon an unusually rich dataset spanning 9752 digitized archival documents, we categorize and code decisions taken by policymakers on several levels while also mapping and quantifying the strategic activities of both entrant firms and incumbent monopolists over a decade. Our data concerns two empirical cases from Sweden during the time period 1980–1990: the financial sector and the telecommunications sector. In both industries, a combination of technological and institutional upheaval came into motion during this time period which in turn fueled the revitalization of the Swedish economy in the subsequent decades. Our findings show that Swedish policymakers in both cases consistently acted in order to promote the emergence of more competition and de novo entrant firms at the expense of established monopolies. The paper quantifies and documents this process while also highlighting several enabling conditions. In conclusion, the results indicate that successful innovation policy in mature economies is largely a matter of strategically dealing with resourceful vested interest groups, alignment of expectations, and removing resistance to industrial renewal.

Eriksson, K., Ernkvist, M., Laurell, C., Moodysson, J., Nykvist, R. & Sandström, C. (2019). A revised perspective on innovation policy for renewal of mature economies – Historical evidence from finance and telecommunications in Sweden 1980–1990. Technological Forecasting and Social Change, 147, 152-162. DOI: 10.1016/j.techfore.2019.07.001.


Similar content

Third-Generation Innovation Policy: System Transformation or Reinforcing Business as Usual?
Book chapterPublication
Bergkvist, J. E., Moodysson, J., & Sandström, C.
Publication year

2022

Published in

Questioning the Entrepreneurial State, 201.

Abstract

There has been a shift in innovation policy in recent years toward more focus on systemic transformation and changed directionality. In this chapter, we describe a collection of challenges that such policies need to address. Based on a review of dominant frameworks regarding socio-technical transitions, we compare these theories with examples of innovation policy in different countries. Systemic transformation across an economy usually requires a process of creative destruction in which new competencies may be required, actors need to be connected in novel ways, and institutions may need to be changed. Our empirical illustrations show that support programs and initiatives across Europe do not always seem to result in such a process, as they include mechanisms favoring large, established firms and universities. These actors have often fine-tuned their activities and capabilities to the existing order, and therefore have few incentives to engage in renewal. As the incumbent actors also control superior financial and relational resources, there is a risk that they captivate innovation policies and thus reinforce established structures rather than contributing to systemic transformation.

Utvärderingar av näringspolitik – en intressekonflikt mellan myndigheter, konsult-företag, politik och skattebetalare?
Article (without peer review)Publication
Colin, E., Sandström, C., & Wennberg, C.
Publication year

2021

Published in

Ekon. Debatt, 49, 30-41.

Abstract

Antalet utvärderingar av ekonomisk politik ökar explosionsartat. Det finns dock få systematiska sammanställningar av de utvärderingar som görs och det saknas kunskap om hur utvärderare skiljer sig åt gällande metoder och slutsatser, inte minst inom näringspolitiken. Vi studerar utvärderingar av 110 näringspoli-tiska insatser 2009–19 genom att granska huruvida valet av utvärderare påver-kar utvärderingarnas resultat. Privata konsulter visar sig vara den vanligaste utvärderaren av näringspolitik och deras utvärderingar skiljer sig från andra utvärderare genom att vara övervägande mer positiva till de utvärderade insat-serna. Vi diskuterar intressekonflikter som kan antas föreligga mellan utvärde-rare, myndigheter, den politiska makten och allmänheten.

Colin, E., Sandström, C., & Wennberg, C. (2021). Utvärderingar av näringspolitik–en intressekonflikt mellan myndigheter, konsultföretag, politik och skattebetalare. Ekon. Debatt, 49, 30-41.

Mer för mindre? Tillväxt och hållbarhet i Sverige
BookPublication
Grafström, J. & Sandström, C.
Publication year

2020

Published in
Abstract

Går det att förena ekonomisk tillväxt med hållbar
utveckling? Den här boken beskriver hur miljöskadliga utsläpp och användningen av naturresurser i
Sverige har förändrats över tid.
Sedan 1990 har Sveriges befolkning ökat med drygt
1,6 miljoner och ekonomin nästan fördubblats. Samtidigt har koldioxidutsläppen minskat med 27 procent mellan åren 1990 och 2018, konsumtionen av
el, vatten och energi har stått still vilket innebär att
ekonomin är nästan dubbelt så effektiv. Av de 26
luftföroreningar Naturvårdsverket mätt sedan 1990
har 24 gått ner fram till 2017. I många fall har det
skett mer än en halvering.

Show more

Postgiro: 382621-1

|

Bankgiro: 512-6578