Innovation Policy in a Global Economy concludes the successful sequence of books on Globalisation and Technology edited by Daniele Archibugi and Jonathan Michie, following Technology, Globalisation and Economic Performance (Cambridge University Press, 1997) and Trade, Growth and Technical Change (Cambridge University Press, 1998). This final volume argues that the opportunities offered by globalisation will only be fully realised by organisations which have developed institutions that allow for the transfer, absorption, and use of knowledge. Innovation Policy in a Global Economy is relevant for graduate and undergraduate courses in management and business, economics, geography, international political economy, and innovation and technology studies. Presenting original theoretical and empirical research by leading international experts in an accessible style, Innovation Policy will be vital reading for researchers and students and of use to public policy professionals.

‘Long-term growth and prosperity depend on innovation, learning and new and improved technologies to raise labour productivity. This book tackles these complex issues by sifting the evidence carefully to produce important policy implications highlighting the potential role of government as facilitator of the learning economy. Its likely audience will be academic specialists, including postgraduates, althought it will prove useful for appropriate advanced undergraduate courses. Several chapters should be sent to shareholders in UK companies, to drive home the adverse long-term growth effects of high dividend payments at the expense of R&D and investment.’

Source: The Times Higher Education Supplement