Innovation policy responses to address vulnerabilities of national innovation systems: long-lasting impacts of COVID-19

Author:

Maliphol Sira1ORCID,Aridi Anwar2,Lee Jeong-Dong3,Woodson Thomas4ORCID

Affiliation:

1. Department of Technology and Society, The State University of New York-Korea , 119-2 Songdo, Moonhwa-Ro, Yeonsu-Gu, Incheon 21985, Republic of Korea

2. Seoul Center for Finance and Innovation, World Bank , 37th Floor, Tower 2, 241 Incheon Tower Road, Yeonsu-gu, Incheon 22009, Republic of Korea

3. Technology Management, Economics and Policy Program, Seoul National University , 1 Gwanak-ro, Gwanak-gu, Seoul 08826, Republic of Korea

4. Department of Technology and Society, Stony Brook University , 1431 Computer Science, Stony Brook, NY 11794, United States

Abstract

Abstract This special issue explores the vulnerabilities of national innovation systems (NIS) which were exposed by the COVID-19 pandemic and the subsequent policy responses. New technologies and solutions were needed such as new drugs, medical equipment, and treatments, and new innovative institutions, organizations, and capabilities were needed to respond quickly, develop, and offset the acute demand. While some policy responses were effective, others fell short or were completely absent. The phenomenon provided a unique opportunity to uncover how governments and industry sought to mitigate the negative impacts and to prepare for future crises by building more resilient NIS. The five articles included in this special issue identify some of the vulnerabilities of NIS, suggesting that greater research on the resilience of NIS is needed if we were to weather future crises more effectively. Subsequent policy implications for innovation systems are drawn to address the vulnerabilities highlighted.

Publisher

Oxford University Press (OUP)

Reference25 articles.

1. Measuring Governments’ R&D Funding Response to COVID-19: An Application of the OECD FundStat Infrastructure to the Analysis of R&D Directionality;Aristodemou,2023

2. Operation Warp Speed: Harbinger of American Industrial Innovation Policies;Bonvillian,2024

3. Firms’ Digitalization during the COVID-19 Pandemic: A Tale of Two Stories;Cirera,2024

4. An Evolutionary Perspective on Health Innovation Systems;Consoli;Journal of Evolutionary Economics,2009

5. Collaborative Networks: A Systematic Review and Multi-level Framework;Durugbo;International Journal of Production Research,2016

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