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Dominique Foray

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The Economics of Incomplete Plan - on Conditions, Procedures and Design of Future Mission - Oriented Innovation Policies

Dominique Foray

The buzzword in industrial policy and innovation policy circles is mission-oriented innovation policy (MOIP) -which means a policy to encourage innovation intended to accomplish a certain missionwhether it be a societal challenge (climate change, global he ...

INST ESTUDIOS FISCALES2022

On the economics of social innovation - a conceptual framework and its policy implications

Dominique Foray

Social innovation addressing social, economic and environmental challenges are increasingly recognized as crucial drivers of social changes. However, the concept of social innovation remains vague. This paper builds a conceptual framework from an economic ...

2020

This paper has been written as a response to 'Six additional questions about smart specialization: implications for regional innovation policy 4.0' by M. Benner. The paper starts with the argument that recent academic work has enabled considerable progress ...

ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD2020

The formation of Coasean institutions to provide university knowledge for innovation: a case study and econometric evidence for Switzerland

Dominique Foray

"Coasean" institutions are an alternative institutional form that provides a solution to some market and coordination failures. As such they can weaken considerably the case for public subsidies in a vast range of context. They are "market-based" and an in ...

SPRINGER2020

In response to ‘Six critical questions about smart spezialisation’

Dominique Foray

This paper has been written as a response to « Six critical questions about smart specialization » by R. Hassink and H. Gong. The paper starts with a reminder of what has not changed in terms of the basic principles and raison d’être of smart specializatio ...

2019

Smart specialization strategies as a case of mission-oriented policy – a case study on the emergence of new policy practices

Dominique Foray

This article involves a conceptual evaluation of a large-scale innovation policy experiment—so-called smart specialization strategies (S3s)—that took place within the framework of the European regional cohesion programs between 2011 and the present. The go ...

2018

Smart specialisation strategies and industrial modernisation in European regions-theory and practice

Dominique Foray

Based on a seminal policy paper (Foray et al., 2009), the Smart Specialisation Strategies (S3) approach was integrated into the reformed cohesion policy of the European Union for 2014-20. This large-scale European experience provides a unique case study of ...

OXFORD UNIV PRESS2018

Does inventor centrality foster regional innovation? The case of the Swiss medical devices sector

Dominique Foray, Michele Pezzoni, Monica Coffano

Does inventor centrality foster regional innovation? The case of the Swiss medical devices sector. Regional Studies. This paper contributes an empirical analysis to the discussion of the impact of inventors' collaboration networks on regional innovation. M ...

Routledge Journals, Taylor & Francis Ltd2017

On the policy space of smart specialization strategies

Dominique Foray

This paper is about smart specialization strategies' as an innovation (or industrial) policy approach. Being a sector non-neutral policy, while promoting a bottom-up principle of entrepreneurial initiative and dynamics, smart specialization strategies' occ ...

2016

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Reliance on market forces can lead to underinvestment in social welfare enhancing innovation. The lack of new medical products in the area of neglected diseases is a case in point. R&D for neglected diseases has increased with new funding and collaboration ...

Oxford University Press2015