THE UK INNOVATION SYSTEM, FROM A MISALIGNMENT PERSPECTIVE
The following sections are included:
Introduction
The UK Record in Technology Performance Since the 1970s
Biases in technological change — Sectors, factor inputs and firm sizes
S&T performance and funding
R&D performance — GERD, BERD and HERD
R&D funding
Patenting
Science — Publications and citations
‘Hidden innovation’
Summary of the UK's technological performance
Misalignments in the UK System: The Private Sector
‘Value chain’ failures
Spillovers and sectoral systems
Organisational/governance issues
Summary of private-sector weaknesses and strengths
The Public Sector and Technology Policy
Changes in governance
The 1970s and 1980s
Policy design in later years
Conclusions
References