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How Rationales, Actors and Multi-Level Governance Relate to Innovation Policy-Mix

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The Quadruple Innovation Helix Nexus

Abstract

Design/Methodology: The chapter adopts a conceptual approach based on literature review.

Findings: On multi-rationales we argue that theories and the policy rationales from which they claim legitimacy are less explanatory of policies than concepts-ideas or evidence-based policy. On Multi-actors: I argue that there is today a wider diversity of actors and stakeholders that want to participate in the policy of “conception–implementation” cycle and that this calls for new forms of governance enabling higher and wider participatory governance. Also calls for a need to differentiate policy instruments according to policy targets. There is a need to consider the set of policies and instruments chosen (or not chosen), together with the interactions and interdependencies between policies (as they may affect such intended outcomes). We also find that there has not been enough research into policy dimensions such as policy-mixes, dynamic targeting or changing policy-mixes over time as this discussion needs to be done in relation to intended policy outcomes in a complex multi-rational, multi-actor, multi-governance setting and in a temporally distributed frame.

Practical Implications: This chapter provides conceptual guidance for regions and regional stakeholders on policy-making issues.

Policy Implications: Policy makers and stakeholders can utilize the proposed approach to understand how innovation policies are constructed, and what rationales, targets and mix of instruments to consider. This can be helpful in the development of the recent regional-based smart-specialization strategies and entrepreneurial discovery processes.

Originality/Value: The development of concepts that instruct policy makers, advisors, stakeholders on how to design and implement policies and respective policy that drive innovation and competitive performance.

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Laranja, M. (2017). How Rationales, Actors and Multi-Level Governance Relate to Innovation Policy-Mix. In: De Oliveira Monteiro, S., Carayannis, E. (eds) The Quadruple Innovation Helix Nexus. Palgrave Studies in Democracy, Innovation, and Entrepreneurship for Growth. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-55577-9_4

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