The Choice of Innovation Policy Instruments

Susana Borrás, Charles Edquist

    Research output: Working paperResearch


    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
    Place of PublicationLund
    PublisherCentre for Innovation, Research and Competence in the Learning Economy (CIRCLE). Lund University
    Number of pages33
    Publication statusPublished - 2013
    SeriesCIRCLE Electronic Working Papers

    Cite this