Goddard, John GabrielGoldberg, ItzhakKuriakose, SmitaRacine, Jean-Louis2012-03-192012-03-192011-09-22978-0-8213-8740-5https://hdl.handle.net/10986/2358This book builds on the lessons from public institutions and programs to support innovation, both successful and failed, from Europe and Central Asia (ECA) as well as China, Finland, Israel, and the United States. Field visits to these countries were hosted by the innovation and scientific agencies of the respective governments, strengthening the international experiences presented here. This book is a culmination of ten years of analytic and operational work led by the private and financial sector development department and the chief economist's office of the ECA region of the World Bank. Several regional reports and country policy notes exploring these issues have been published over the years. The book also reflects the lively discussion in the ongoing series of flagship events to promote knowledge based economies in the region. The most recent knowledge economy forum was held in Berlin in 2010, hosted by the fraunhofer center for Central and Eastern Europe. The book identifies policies that have an adverse affect on innovation. It also identifies policy gaps that, if filled, could have a catalytic effect on private sector innovation.CC BY 3.0 IGOABSORPTIVE CAPACITYASYMMETRIC INFORMATIONBALANCE SHEETBORROWINGBOUNDARIESBUSINESS ENVIRONMENTBUSINESS INNOVATIONBUSINESS SECTORBUSINESS SECTORSBUSINESSESBUYERSCAPABILITYCAPACITY BUILDINGCAPITAL GOODSCASH FLOWCASH FLOWSCD-ROMCENTRAL PLANNINGCITIESCLOSED ECONOMIESCOLLABORATIONCOMMUNICATION TECHNOLOGYCOMMUNITIESCOMPARATIVE ADVANTAGECOMPETITIVENESSCOMPETITORSCONCEPTUAL FRAMEWORKCONSULTING FIRMSCOPYRIGHTCROWDING OUTDECISION-MAKINGDELIVERY METHODDEVELOPED COUNTRIESDEVELOPMENT INSTITUTIONSDISCOVERYDISCUSSIONE-MAILECONOMIC ACTIVITYECONOMIC CIRCUMSTANCESECONOMIC DEVELOPMENTECONOMIC FACTORSECONOMIC GROWTHECONOMIC INCENTIVESECONOMIC POLICIESECONOMICSECONOMICS OF INNOVATIONEMPIRICAL RESEARCHEMPIRICAL STUDIESEMPLOYMENTEMPLOYMENT TRENDSENTREPRENEURIAL CULTUREEQUIPMENTEXTERNAL KNOWLEDGEEXTERNALITIESFINANCIAL INSTITUTIONSFINANCIAL INSTRUMENTSFINANCIAL SUPPORTFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTGLOBAL ECONOMYGLOBAL KNOWLEDGEGLOBAL KNOWLEDGE ECONOMYGLOBALIZATIONGOVERNMENT FUNDINGGROWTH PATHGROWTH POTENTIALGROWTH STAGEGROWTH STRATEGIESGROWTH THEORYHUMAN CAPITALHUMAN RESOURCESICTIDEAIDEASIMAGEINCOMEINDUSTRIAL DEVELOPMENTINDUSTRIAL ENTERPRISESINDUSTRIAL TECHNOLOGYINFORMAL NETWORKSINFORMATION INFRASTRUCTUREINNOVATIONINNOVATION POLICYINNOVATION PROGRAMINNOVATION PROGRAMSINNOVATIONSINSTITUTIONINSTITUTIONAL FRAMEWORKINSTITUTIONAL SUPPORTINTEGRATIONINTELLECTUAL PROPERTYINTELLECTUAL PROPERTY RIGHTSINTELLIGENCEINTERNATIONAL COLLABORATIONINTERNATIONAL TRADEINVENTIONINVENTIONSJOB CREATIONKNOWLEDGE CREATIONKNOWLEDGE ECONOMYKNOWLEDGE FLOWSLABOR MARKETLABOR MARKET POLICYLABOR MOBILITYLABOR TURNOVERLEADINGLEARNINGLENDING OPERATIONSLEVEL OF KNOWLEDGELICENSESMANUFACTURINGMARKET ECONOMYMARKET FAILURESMARKET OPPORTUNITIESMARKET POWERMARKET SEGMENTMARKETINGMATERIALMEDIUM ENTERPRISESMORAL HAZARDNATURAL RESOURCENATURAL RESOURCESNEW MARKETNEW MARKETSNEW TECHNOLOGIESNEW TECHNOLOGYOILOPPORTUNITY COSTSORGANIZATIONAL INNOVATIONORGANIZATIONAL STRUCTURESOUTPUTSPATENTSPHONESPHYSICAL INFRASTRUCTUREPOLICY INSTRUMENTSPOSITIVE EXTERNALITIESPRACTITIONERSPRESENT VALUEPRIVATE INVESTMENTPRIVATE SECTORPRIVATE SECTOR DEVELOPMENTPROCESS OF INNOVATIONPRODUCERSPRODUCT INNOVATIONPRODUCT SPECIFICATIONSPRODUCTION COSTSPRODUCTION PROCESSESPRODUCTIVITYPRODUCTIVITY GROWTHPUBLIC EXPENDITURESPUBLIC GOODPUBLIC GOODSQUERIESR&DRADIOREGULATORY REFORMRESEARCH AGENDARESULTRESULTSRETAINED EARNINGSRISK SHARINGSCIENTIFIC RESEARCHSCIENTISTSSERVANTSSILICONSILOSOCIAL BENEFITSSOCIAL COHESIONSOFTWARE DEVELOPERSSUPERVISIONSUPPLY NETWORKSSUSTAINABLE DEVELOPMENTSUSTAINABLE GROWTHTARGETSTAX INCENTIVESTECHNICAL ASSISTANCETECHNOLOGICAL CHANGETECHNOLOGICAL DEVELOPMENTTECHNOLOGICAL PROGRESSTECHNOLOGY TRANSFERTELEPHONETELEVISIONTHINKINGTRANSMISSIONUSERSVALUE CHAINVARIETYWAGESWORKER PRODUCTIVITYWORKPLACEWorld Bank10.1596/978-0-8213-8740-5