New Role of the State for Transformative Innovation

Edited by Uwe Cantner, Professor of Economics, Friedrich-Schiller-University Jena, Germany and University of Southern Denmark, Odense, Denmark, Dirk Fornahl, Professor of Regional Economics, University of Bremen, Germany and Stefan Kuhlmann, Professor Emeritus of Science, Technology and Society, University of Twente, the Netherlands

• Contents1 Towards a new role of the state for transformative innovation 1Uwe Cantner, Dirk Fornahl, and Stefan KuhlmannPART I STATE, CAPITALISM, INNOVATION, AND WELFARE2 The political economy of capabilities accumulation: from catching-up lessons to transformative industrial policies 20Mario Cimoli, Giovanni Dosi, and Joseph E. Stiglitz3 MNEs, innovation, capitalism, and democracy 45Eva Dantas and Elisa Giuliani4 Innovation and economic well-being 63Luc Soete and Bart Verspagen5 Innovation commons: new innovation policy for a digital economy 80Jason PottsPART II GRAND SOCIETAL CHANGES AND STATE CAPACITY TO FOSTER DESIRABLE INNOVATION6 The rediscovery of mission orientation in research and innovation policy in Europe: in need of new state capacities 93Wolfgang Polt and Matthias Weber7 Innovation policy as an instrument for driving transformation: lessons from practice 109Sofia Avdeitchikova and Sylvia Schwaag Serger8 From technological to transformative missions: institutional capacities and capabilities for contemporary mission-oriented policies 130Caetano C.R. Penna, Diana Velasco, Johan Schot, and Jordi Molas-Gallart9 Public agencies for innovation-led growth and transformation 148Dan Breznitz and Steven SamfordPART III DIRECTIONS OF INNOVATIVE ACTIVITIES10 Reframing innovation policy: social innovation and a new innovation paradigm 165Jürgen Howaldt11 Innovation (policy) and the climate turn 180Till Requate12 Mobilizing innovation policy in the pursuit of net zero emissions: an evolutionary perspective 195Jan FagerbergPART IV TRANSFORMATIVE INNOVATION POLICIES IN EMERGING ECONOMIES13 The state as the “shield of the weak”: innovation policy as an inclusive strategy 210Judith Sutz14 Disentangling the multilevel roles of the state in transformative innovation policy in the Global South: nested governance configurations in the case of Uruguay and Colombia 223Mario A. Pinzón-Camargo, Isabel Bortagaray, Alejandro Balanzó-Guzmán, Juan Pablo Centeno, Gonzalo Ordóñez-Matamoros, and Stefan Kuhlmann15 Persistent problems in China’s innovation system: institutions and politics 246Douglas B. Fuller and Ricardo Lopez KotzPART V MULTIPLE ROLES FOR THE STATE IN COPING WITH INNOVATION16 States and markets in innovation research and innovation policy: achievements and challenges 261Charles Edquist17 Green innovation policy in transition 279Reinhilde Veugelers18 States of innovation: a critical perspective 291Joakim Juhl, Erik Aarden, and Sebastian Michael Pfotenhauer19 Creative corporatism: how the state supports transformative innovation in Nordic Europe 309Darius OrnstonPART VI PROVEN AND NEW POLICY INSTRUMENTS FOR INNOVATION20 Demand, public procurement, and transformation 323Jakob Edler21 The role of regulation for socio-technical transformations 348Knut Blind22 Technological sovereignty of an economy: mastery and availability of key enabling technologies 361Uwe Cantner, Helge Dauchert, Lukas Dreier, Patrick Figge, and Carolin Häussler23 Evaluating transitions and missions: it’s all about the theory 379Erik Arnold and Emily Wise24 Transformations need resilient policy designs: a multi-level analysis of policy mix coherence and regional resilience during the COVID-19 crisis in Western Norway 397Saeed Moghadam-Saman, Lars Coenen, and Elvira UyarraPART VII PLACE-BASED INNOVATION POLICIES25 Smart specialisation strategies 415Dominique Foray26 Policy mixes for new placed-based innovation policies: the role of regions in addressing grand societal challenges 435Edurne Magro and James R. Wilson27 Building regional (transformative) resilience by regional innovation policy? 449Huiwen Gong and Robert HassinkAfterword: dawn of a libertarian and conflictual era 465

‘This is a master chef guide to the ingredients needed to build a more sustainable and equal future. Ingredients rather than recipes in that the actions and policies needed must be situated in time and place. The book’s world class contributions tackle key present and future challenges locally and globally.’