Conceptual foundations of innovation systems

Conceptual foundations of innovation systems
Document type
Working Paper
Bateria, Jorge
Manchester Business School
Date of publication
24 November 2009
University of Manchester Business School Working Papers
Trends: economic, social and technology trends affecting business, Management & leadership: including strategy, public sector management, operations and production
Business and management
Material type

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Production and transfer of knowledge, and the role of institutions, are two major conceptual tenets of Innovation Systems (IS) literature, which flourished in the evolutionary stream of economics since the 1980s. Building on results of different disciplines, this paper critically discusses ‘knowledge’ and ‘institution’ concepts used in that literature and presents alternative meanings supported by emergentist ontology of persons, social and cultural phenomena. The paper discusses how such conceptual framework matters for the analysis of innovation processes and what are its policy implications.

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