Journal
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
Volume 116, Issue -, Pages 256-270Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.techfore.2016.10.009
Keywords
National innovative capacity; National innovation system; Innovation strategy; Innovation within European Union; Innovation clusters; fsQCA
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As national innovative capacity is one of the main drivers for long-term economic growth, several countries have tried to increase their capacity by applying a high-tech strategy and supporting this strategy with policies. A better knowledge of successful strategies could support these processes. Previous studies have identified various determinants for a high capacity, but have failed to analyze their interconnections and therefore to derive comprehensive strategies. Applying fuzzy-set qualitative comparative analysis to 17 European countries, we identified different paths leading to a high innovative capacity by combining various determinants. The paths were translated into innovation strategies. Rather than a single strategy, different strategies with the same outcome exist, thus allowing countries to choose the appropriate strategies on the basis of their preconditions. Applying the identified strategies to countries with a low innovative capacity, we found that the UK is strong in all areas except high-tech specialization. Ireland lacks a high share on education spending and venture capital, as do Italy and Spain, which also lack private R&D funding and a high base of journal publications. The Czech Republic, Hungary, Romania, Poland, and Portugal have only a few preconditions for raising their innovative capacity. (C) 2016 Elsevier Inc. All rights reserved.
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