Conclusion
Governments around the world are investing resources and designing policies aimed at promoting competitiveness in new technology industries. This chapter summarizes key findings from the study, emphasizing the on-going importance of national institutional frameworks in structuring patterns of innovation within the economy. While evidence from the US, UK, Germany, and Sweden support comparative institutional approaches such as the varieties of capitalism theory, evidence from the study does show that public policy is an important complement to institutions, and can be used to enhance national competitiveness in new technology industries.
Keywords: institutional theory, varieties of capitalism, public policy, technology policy, competitiveness, innovation
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