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.
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.