National innovation system as a focus of state in-novation policy

Abstract

The article offers a systematic review of tools and mechanisms utilised by developed countries (United States, Japan, EU) to pursue their innovation policies, and classifies methods which support innovation and ways that help to strengthen the innovation capacity. It describes the evolution of research and development (R&D) policy in other countries. The article examines arguments in support of a trend in the innovation policy which promotes the development of national innovation systems. It reviews the substance and components of the national innovation system. It also explores the trends of R&D cooperation. The article outlines the variety of domestic tools which regulate innovation in EU countries (framework programs, the European Research Area Initiative.

Keywords

• National innovation system
• innovation capacity
• innovation policy
• government innovation incentives
• tax incentives
• tax credit
• accelerated depreciation
• subsidies
• grants
• research and development (R&D) cooperation
• framework research development programs