The Choice of Innovation Policy Instruments

Susana Borrás, Charles Edquist

    Research output: Contribution to journalJournal articleResearchpeer-review


    The purpose of this article is to discuss the different types of instruments of innovation policy, to examine how governments and public agencies in different countries and different times have used these instruments differently, to explore the political nature of instrument choice and design (and associated issues), and to elaborate a set of criteria for the selection and design of the instruments in relation to the formulation of innovation policy. The article argues that innovation policy instruments must be designed and combined into mixes in ways that address the problems of the innovation system. These mixes are often called “policy mix”. The problem-oriented nature of the design of instrument mixes is what makes innovation policy instruments ‘systemic’.
    Original languageEnglish
    JournalTechnological Forecasting and Social Change
    Issue number8
    Pages (from-to)1513-1522
    Number of pages10
    Publication statusPublished - 2013

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