Business Commons^™

Nanotechnology Policy In Russia: Can An Emerging Technology Push A Country Onto A New Development Trajectory?, Evgeny A. Klochikhin

Evgeny A. Klochikhin

In 2001 Goldman Sachs predicted that a group of emerging markets – Brazil, Russia, India and China – will surpass leading economies by 2050. Nevertheless, we seem to have studied little about the mechanisms of success and failure in these countries in the recent decade. In this paper I focus on one of these giants – Russia – which seems seriously understudied but retains important creative and science and technology potential capable of pushing the country onto a new development trajectory.

Russia sees nanotechnology as one of the major technological platforms that could help it achieve the established growth objectives. …

Do R&D Programs Of Different Government Levels Overlap In The European Union?, Andrea Fernandez-Ribas, Isabel Busom

Andrea Fernandez-Ribas

Multiple levels of government currently design and implement research and innovation programs both in the US and in Europe. Empirical analysis of interdependencies among programs has not been fully explored, however. Our contribution is a first step in understanding potential complementarities across R&D programs. Using a sample of Spanish manufacturing firms, we study the determinants of firms’ participation in national and in European level research programs and test for differences across programs. Our results suggest that firms’ participation in European and national R&D programs is largely driven by different factors. We interpret these results as suggesting that, ex-post, there is …

On Building Clusters Versus Leveraging Synergies In The Design Of Innovation Policy For Developing Economies, Edward J. Feser

Edward J Feser

This paper argues there are two broad ways policymakers might use industry cluster concepts to inform the design of regional innovation policy. The first, and clearly dominant approach, is to view identified technology-based clusters as targets for growth strategies, i.e., to nurture the growth of selected groups of innovative industries and research strengths in a limited set of regions as a means of increasing levels of innovation economy-wide (termed the cluster building approach). The second is to use cluster ideas to reorient development strategies so that they leverage synergies among businesses and non-market institutions, thus improving innovation rates (termed the …