Evidence of Innovation and Long Term Growth

Question 1

Delivering Long-Term Growth

Answer 1

• Shift Aggregate Production:
  • Increase I in new tech/R&D
  • A nuance with a policy for savings?
• Steepen and straighten:
  • Responsiveness of y to I (new technology)
  • Driven by knowledge spillovers
• How?
  • Structural and Institutional
  • Government Policy
  • Firm- and Sector-level response

Question 2

Delivering Long-Term Growth

Evidence

Answer 2

• Support:
  
  • Individual Firms
  • Sectors
• Collaboration+
  
  • Clusters
  • Ecosystems

Question 3

Main forms of additionality of innovation:

Answer 3

• Input - Multiplier effect of G on I in innovation e.g. €1 of G leads to…etc.
  
  • Output - Impact of G on innovation outputs e.g. patents, productivity (TPF), jobs, and innovation
  • Behavioural - Changed approach to innovation by firms e.g. orientation towards collaborative or coopetitive working in innovation ecosystems

Question 4

Tech Clusters

• Kerr and (2019)

Answer 4

• Effort, intention and context
  
  • Scale and location
  • Linked activities
  • Frontier edge

Question 5

KTPs and Success?

• Sternberg (2014)

Answer 5

• Government support e.g. Entrepreneurship, Start-ups, Incubators, KTPs:
• E.g. Support with high early-stage fixed costs

• Regional context:
Entrepreneurial and Institutional environments

• Genesis, growth, diffusion and impacts
• Government support alone not sufficient