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Innovations and new technology

- what is the role of research? Implications for public policy

Book cover Innovations and new technology
Published
2014-April
Series number
VA 2014:05
Publisher
Vinnova
Author
Lennart Elg - Vinnova
ISBN
978-91-87537-16-5
ISSN
1650-3104/1651-355X
Number of pages
70

Research-based competence plays an increasingly important role in the development of innovations and new technology. In developing effective innovation-oriented R&D policies, it is important to understand how, and under what conditions, research-based expertise can contribute to prosperity and address social challenges. The purpose of this report is to summarise 40 years of research into the links between innovation, technology and research.

The main message is that we need to think of innovation not as a sudden flash of inspiration, but as a long process of searching, experimenting and learning. Publicly funded research can contribute in many different ways and at all stages of the innovation process. For this to become a reality requires policies that allow for continuous interaction so that researchers and companies can learn from each other. We hope this publication may help stimulate innovation efforts through increased understanding of the long-term effects and the complex relationship between public investment in research and sustainable growth.

The author of this report has spent the past 40 years analysing science, technology and innovation policy at Vinnova and its predecessors. He has also served as an expert for OECD and the European Commission. This report is the result of a long learning process on the interaction between policy research and practice.

For Swedish version see "Innovationer och ny teknik" (Vinnova Rapport/Analys VA 2013:13)

Last updated 15 December 2022

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