Government's Role In Facilitating An Innovative Economy

Abstract

Governments have historically played a role in facilitating innovation in the private economy. This paper identifies the techniques that have been used in the modern industrial era, which are by now quite refined and widespread across the globe and at all levels of government. However because the innovation process itself needs some innovation, this paper also discusses the changing nature of the economy and innovation in this century and the implications for future effective government policies.

Citation

Jacknis, N. (2011), "Government's Role In Facilitating An Innovative Economy", International Journal of Innovation Science, Vol. 3 No. 3, pp. 107-116. https://doi.org/10.1260/1757-2223.3.3.107