Recent Economic Theorising on Innovation: Lessons for Analysing Social Innovation

CRESSI Working Papers No. 27/2016, ISBN: 978-0-9933861-8-3

60 Pages Posted: 23 Mar 2017 Last revised: 25 Mar 2017

See all articles by Attila Havas

Attila Havas

Hungarian Academy of Sciences (HAS) - Research Centre for Economic and Regional Studies (HAS)

Date Written: August 1, 2016

Abstract

This paper reviews recent economic theorising on innovation from the angle of analysing social innovations (SI). It is structured as follows: Some of the basic notions used in innovation analyses are considered in section 2, focusing on the subject, objectives and levels of change. Section 3 reviews how innovation is understood in particular models of innovation and analysed by various schools of economics highlighting the types of actors and knowledge perceived as relevant in these various approaches. The notion of innovation systems (national, regional, sectoral, and technological ones) and its analytical and policy relevance is explored in section 4. Lessons relevant for analysing social innovation are drawn at the end of each sub-section, and the most important of those are reiterated in the concluding section.

Keywords: Business innovation; Social innovation; Evolutionary economics of innovation; Innovation in mainstream economics, Linear, networked and interactive models of innovation; Innovation systems; STI policies

JEL Classification: B52, O30, O31, O34, O35, O38, O39

Suggested Citation

Havas, Attila, Recent Economic Theorising on Innovation: Lessons for Analysing Social Innovation (August 1, 2016). CRESSI Working Papers No. 27/2016, ISBN: 978-0-9933861-8-3, Available at SSRN: https://ssrn.com/abstract=2938513 or http://dx.doi.org/10.2139/ssrn.2938513

Attila Havas (Contact Author)

Hungarian Academy of Sciences (HAS) - Research Centre for Economic and Regional Studies (HAS) ( email )

Toth Kalman u. 4.
Budapest, H-1097
Hungary
+36-30-8164266 (Phone)

HOME PAGE: http://www.mtakti.hu/en/kutatok/attila-havas/8185/

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