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