Institutional preconditions for successful innovation performance

Technological innovation has long been recognized as a cornerstone of long-run economic growth with national public policies extensively promoting private R&D investment securing essential infrastructure and providing state support for innovative activities. Despite similar goals and instruments at hand an international pattern of successful innovation policy implementation is far from unique. This paper aims to explore the link between national institutional frameworks innovation policies innovation performance and economic development in the fashion of evolutionary approaches linking the latter to endogenous growth theories.