3 National Innovation


The session will explore what is meant by a national system of innovation and explore links to new venture creation. It will also consider the key elements within a national system of innovation and contrast those present within different international contexts.


  • be able to describe the concept of national Systems of Innovation and its significance in analysing the rates
    of creation of new enterprises.

Textbook: chapter 3


National Systems of Production, Innovation and Competence Building, Lundvall et al, Research Policy, Volume 31, Issue 2, February 2002, Pages 213-231.

Frugal Innovation: Economist article by Wooldridge.

Insead article on Frugal innovation.

Article from Xinhua online news describing innovation in new Chinese pillar industries.

The key text that  between Liberal Markets and Co-ordinated Markets is Varieties of Capitalism: The Institutional Foundations of Comparative Advantage edited by Hall and Soskice, 2001, in particular their introductory chapter.