Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/44486 
Authors: 
Year of Publication: 
2009
Series/Report no.: 
ETLA Discussion Papers No. 1185
Publisher: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Abstract: 
Economic interest in innovation policy largely arises from the fundamental importance of innovation to social welfare and from well-known inefficiencies in innovation in a competitive market environment. As a result, a wide variety of public innovation policies are used in practice. This report reviews the economic justifications for public innovation policies and compares the existing policy tools, paying particular attention to the Finnish innovation policy environment.
Document Type: 
Working Paper

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