Forthcoming and Online First Articles

International Journal of Foresight and Innovation Policy

International Journal of Foresight and Innovation Policy (IJFIP)

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International Journal of Foresight and Innovation Policy (2 papers in press)

Regular Issues

  • Decomposing the temporal variation in the business-sector private R&D intensity   Order a copy of this article
    by Juan Fernández-Sastre, John Cajas-Guijarro, Wilson Pérez-Oviedo 
    Abstract: This paper decomposes the temporal variation in the business-sector R&D intensity, specifically the part of it that is financed through private resources, into the following components: changes in firm characteristics, changes in firm-specific R&D investment policies, changes in the external financing of R&D and changes in firm-specific policies related to supplementing or replacing the latter with private resources. This decomposition is obtained through a two-step approach: (a) we estimate micro-econometric models that describe the relationship between R&D intensity and external financing using a methodology based on Vella (1993) to control for selection bias; (b) those micro-econometric models are used to estimate the threefold algebraic decomposition proposed by Jann (2008) which improves Blinder-Oaxaca usual twofold decomposition. Our results suggest that the variation in the business-sector R&D intensity is affected more by changes in firm-specific investment policies than by changes in firm characteristics. On the other hand, changes in external financing and in firm-specific policies related to supplementing or replacing external financing have major effects on the temporal variation in the R&D intensity. Although several of these effects are found to be individually significant, our results show that, overall, (except for the period 2008-2013) there were no significant variations in the estimated value of the business-sector private R&D intensity, since the effects of each of its components balance each other out.
    Keywords: R&D intensity; business sector; innovation policies; selection bias; “threefold” decomposition.
    DOI: 10.1504/IJFIP.2022.10047610
     

Special Issue on: Foreseeing and Designing Intercultural Dialogic Sustainability Policies

  • Individual and Societal Learning Allow Globally Financed Developmental Cooperation   Order a copy of this article
    by Gilbert Ahamer 
    Abstract: The goal of this article is to perceive and understand environment-related activities of international financial institutions (IFIs) as part of a societal learning process, and consequently to describe their environmental and social project quality criteria as an expression of such ongoing societal learning processes. What can our readership, likely to be related also to higher education and lifelong learning, profit from such a comparison? Against the authors ini-tial expectation, IFIs are starting to become efficient at redirecting global funds to climate and environmental projects and have thus performed a successful act of societal learning. The environmental and social project quality criteria have played a crucial role in convincing economic and administrative actors (i.e., learn-ers in our context) to behave in a climate-compatible manner. Thus, the lesson can be drawn from the domain of societal learning to the do-main of individual learning that clear and transparent criteria sets are decisive for a rule-based societal transformation. This case study shows that a criteria-based selection process provides the best results for long-term societal interest; in this case climate protection.
    Keywords: collective learning; societal learning; global learning; rule-based society; criteria-based decisions; global warming mitigation; global warming adaptation; International Financial Organisations; IFIs; infrastructure projects; Central Asia; environmental quality criteria; social quality criteria.