This collection analyses and comments on the development of the ERA, which seeks to co-ordinate national research and advance European wide projects. The contributors include leading scholars of European integration and technology policy and high-level administrators. They discuss the potential impacts, benefits and limits to research and innovation policy within Europe both in the short and long term. Moreover, the debate about ERA is placed firmly in the context of the overall changes at the European level.

Innovation underpins competitiveness, is crucial to addressing societal challenges, and its support has become a major public policy goal. But what really works in innovation policy, and why? This Handbook, compiled by leading experts in the field, is the first comprehensive guide to understanding the logic and effects of innovation polices. The Handbook develops a conceptualisation and typology of innovation policies, presents meta-evaluations for 16 key innovation policy instruments and analyses evidence on policy-mix. For each policy instrument, underlying rationales and examples are...