Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies

This paper examines how two historically low-technology economies, Finland and Israel, assumed leadership in new, rapid innovation-based industries. The paper argues that Schumpeterian development agencies, the Finnish Fund for Research and Devel...

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Main Authors: Breznitz, Dan, Ornston, Darius
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/554711468177564173/Scaling-up-and-sustaining-innovation-policies-and-projects-Schumpeterian-development-agencies-in-small-open-economies-BR
http://hdl.handle.net/10986/26797
id okr-10986-26797
recordtype oai_dc
spelling okr-10986-267972021-04-23T14:04:38Z Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies Breznitz, Dan Ornston, Darius BENEFICIARIES BEST PRACTICE BIOTECHNOLOGY BOOK BUSINESS PRACTICES CAPITAL MARKET CAPITAL MARKETS COMPETITIVENESS CORPORATIONS CORRUPTION CREDIBILITY CREDIT RATIONING CURRENCY DEVALUATIONS DEFICITS DEPENDENT DIGITAL ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ELECTRONICS ELITES ENGINEERING FINANCIAL CRISIS FINANCIAL SYSTEM FINANCIERS GLOBAL ECONOMY GLOBALIZATION GOOD GOVERNANCE INDUSTRIAL STRUCTURE INDUSTRY ASSOCIATION INNOVATION INNOVATION POLICIES INNOVATION POLICY INSURANCE INSURANCE COMPANIES INTERNAL COMMUNICATION INTERNATIONAL BEST PRACTICES INTERNATIONAL COMPETITION INTERNATIONAL COMPETITIVENESS INTERNATIONALIZATION JOURNALISTS KNOWLEDGE ECONOMY LARGE FIRMS LEARNING LEVERAGE LIMITED ACCESS LITERATURE LOSS-MAKING LOSS-MAKING ENTERPRISES MANDATE MANUFACTURING MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET ECONOMIES MARKET ECONOMY MATERIAL MOBILE COMMUNICATIONS NATIONAL IDENTITY NETWORKS NEW TECHNOLOGY POVERTY ALLEVIATION PRIVATE PROPERTY PRIVATE SECTOR PRIVATE SECTOR INVESTMENTS PRODUCTIVITY PROGRAMS PROPERTY RIGHTS PUBLIC INVESTMENT PUBLISHER PUBLISHERS RESULT SEARCH SOFT LOANS TELECOMMUNICATIONS TELECOMMUNICATIONS EQUIPMENT TELEVISION TELEVISIONS TITLE TITLES WIRELESS WIRELESS COMMUNICATIONS This paper examines how two historically low-technology economies, Finland and Israel, assumed leadership in new, rapid innovation-based industries. The paper argues that Schumpeterian development agencies, the Finnish Fund for Research and Development and the Israeli Office of the Chief Scientist in the Ministry of Trade and Industry played a transformative role, introducing new science and technology policies and facilitating industrial restructuring. In contrast to literature on the developmental state, however, argues that these agencies were located the periphery of the public sector, with few hard resources. The paper describes how their peripheral location facilitated successful experimentation. It also explains how ostensibly marginal agencies could successfully scale and monitor new initiatives. More specifically, it argues that reform-oriented policy-makers in small states could leverage extensive inter-personal networks to facilitate scaling and international openness to facilitate monitoring. In identifying specific mechanisms by which policy-makers introduced, scaled and monitored policies, it also explains why these two historically innovative economies have struggled to support experimentation in recent years. 2017-05-30T22:16:24Z 2017-05-30T22:16:24Z 2012 Working Paper http://documents.worldbank.org/curated/en/554711468177564173/Scaling-up-and-sustaining-innovation-policies-and-projects-Schumpeterian-development-agencies-in-small-open-economies-BR http://hdl.handle.net/10986/26797 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Europe and Central Asia Finland Israel
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic BENEFICIARIES
BEST PRACTICE
BIOTECHNOLOGY
BOOK
BUSINESS PRACTICES
CAPITAL MARKET
CAPITAL MARKETS
COMPETITIVENESS
CORPORATIONS
CORRUPTION
CREDIBILITY
CREDIT RATIONING
CURRENCY DEVALUATIONS
DEFICITS
DEPENDENT
DIGITAL
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ELECTRONICS
ELITES
ENGINEERING
FINANCIAL CRISIS
FINANCIAL SYSTEM
FINANCIERS
GLOBAL ECONOMY
GLOBALIZATION
GOOD GOVERNANCE
INDUSTRIAL STRUCTURE
INDUSTRY ASSOCIATION
INNOVATION
INNOVATION POLICIES
INNOVATION POLICY
INSURANCE
INSURANCE COMPANIES
INTERNAL COMMUNICATION
INTERNATIONAL BEST PRACTICES
INTERNATIONAL COMPETITION
INTERNATIONAL COMPETITIVENESS
INTERNATIONALIZATION
JOURNALISTS
KNOWLEDGE ECONOMY
LARGE FIRMS
LEARNING
LEVERAGE
LIMITED ACCESS
LITERATURE
LOSS-MAKING
LOSS-MAKING ENTERPRISES
MANDATE
MANUFACTURING
MANUFACTURING INDUSTRIES
MARKET COMPETITION
MARKET ECONOMIES
MARKET ECONOMY
MATERIAL
MOBILE COMMUNICATIONS
NATIONAL IDENTITY
NETWORKS
NEW TECHNOLOGY
POVERTY ALLEVIATION
PRIVATE PROPERTY
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENTS
PRODUCTIVITY
PROGRAMS
PROPERTY RIGHTS
PUBLIC INVESTMENT
PUBLISHER
PUBLISHERS
RESULT
SEARCH
SOFT LOANS
TELECOMMUNICATIONS
TELECOMMUNICATIONS EQUIPMENT
TELEVISION
TELEVISIONS
TITLE
TITLES
WIRELESS
WIRELESS COMMUNICATIONS
spellingShingle BENEFICIARIES
BEST PRACTICE
BIOTECHNOLOGY
BOOK
BUSINESS PRACTICES
CAPITAL MARKET
CAPITAL MARKETS
COMPETITIVENESS
CORPORATIONS
CORRUPTION
CREDIBILITY
CREDIT RATIONING
CURRENCY DEVALUATIONS
DEFICITS
DEPENDENT
DIGITAL
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ELECTRONICS
ELITES
ENGINEERING
FINANCIAL CRISIS
FINANCIAL SYSTEM
FINANCIERS
GLOBAL ECONOMY
GLOBALIZATION
GOOD GOVERNANCE
INDUSTRIAL STRUCTURE
INDUSTRY ASSOCIATION
INNOVATION
INNOVATION POLICIES
INNOVATION POLICY
INSURANCE
INSURANCE COMPANIES
INTERNAL COMMUNICATION
INTERNATIONAL BEST PRACTICES
INTERNATIONAL COMPETITION
INTERNATIONAL COMPETITIVENESS
INTERNATIONALIZATION
JOURNALISTS
KNOWLEDGE ECONOMY
LARGE FIRMS
LEARNING
LEVERAGE
LIMITED ACCESS
LITERATURE
LOSS-MAKING
LOSS-MAKING ENTERPRISES
MANDATE
MANUFACTURING
MANUFACTURING INDUSTRIES
MARKET COMPETITION
MARKET ECONOMIES
MARKET ECONOMY
MATERIAL
MOBILE COMMUNICATIONS
NATIONAL IDENTITY
NETWORKS
NEW TECHNOLOGY
POVERTY ALLEVIATION
PRIVATE PROPERTY
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENTS
PRODUCTIVITY
PROGRAMS
PROPERTY RIGHTS
PUBLIC INVESTMENT
PUBLISHER
PUBLISHERS
RESULT
SEARCH
SOFT LOANS
TELECOMMUNICATIONS
TELECOMMUNICATIONS EQUIPMENT
TELEVISION
TELEVISIONS
TITLE
TITLES
WIRELESS
WIRELESS COMMUNICATIONS
Breznitz, Dan
Ornston, Darius
Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies
geographic_facet Europe and Central Asia
Finland
Israel
description This paper examines how two historically low-technology economies, Finland and Israel, assumed leadership in new, rapid innovation-based industries. The paper argues that Schumpeterian development agencies, the Finnish Fund for Research and Development and the Israeli Office of the Chief Scientist in the Ministry of Trade and Industry played a transformative role, introducing new science and technology policies and facilitating industrial restructuring. In contrast to literature on the developmental state, however, argues that these agencies were located the periphery of the public sector, with few hard resources. The paper describes how their peripheral location facilitated successful experimentation. It also explains how ostensibly marginal agencies could successfully scale and monitor new initiatives. More specifically, it argues that reform-oriented policy-makers in small states could leverage extensive inter-personal networks to facilitate scaling and international openness to facilitate monitoring. In identifying specific mechanisms by which policy-makers introduced, scaled and monitored policies, it also explains why these two historically innovative economies have struggled to support experimentation in recent years.
format Working Paper
author Breznitz, Dan
Ornston, Darius
author_facet Breznitz, Dan
Ornston, Darius
author_sort Breznitz, Dan
title Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies
title_short Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies
title_full Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies
title_fullStr Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies
title_full_unstemmed Scaling Up and Sustaining Innovation Policies and Projects : Schumpeterian Development Agencies in Small Open Economies
title_sort scaling up and sustaining innovation policies and projects : schumpeterian development agencies in small open economies
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/554711468177564173/Scaling-up-and-sustaining-innovation-policies-and-projects-Schumpeterian-development-agencies-in-small-open-economies-BR
http://hdl.handle.net/10986/26797
_version_ 1764462859652169728