JOURNAL OF STRATEGIC INNOVATION AND SUSTAINABILITY
Designing the Interface: Promoting Innovation
Author(s): LuAnn M. Duffus
Citation: LuAnn M. Duffus, (2018) "Designing the Interface: Promoting Innovation," Journal of Strategic Innovation and Sustainability, Vol. 13, Iss. 3, pp. 54-66
Article Type: Research paper
Publisher: North American Business Press
Abstract:
We identify and characterize the policy interfaces between the layers of economic agents: the individual, the firm and the government level. Innovation is modeled with a production function which captures the physical tradeoffs among the inputs. The inputs include the usual capital, labor and materials, but also less common inputs: knowledge, infrastructure and motivation. Policies to promote (or inhibit!) innovation can be gleaned from the interfaces between the layers. The theoretical model draws from economic innovation literature in macro, micro, development and economic history. The proposed framework is useful in both descriptive and prescriptive ways.