Should ‘‘Open innovation’’ Change Innovation Policy Thinking in Catching-up Economies? Considerations for policy analyses Erkki Karo and Rainer Kattel

This paper provides a review of the current state of academic and policy-level debates on ‘‘open innovation’’ by elaborating on the relevance of the concept of open innovation for innovation policy-making in catching-up economies. The paper shows that paradoxes and contradictions exist between the ‘‘mainstream’’ innovation discourse and the development challenges of the catching-up countries that have lead to ‘‘de-contextualization’’ of the innovation policy discourse.

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