Abstract

The seminal contributions of the neoclassical economic theory, the evolutionary and neo-Schumpeterian approaches in establishing the concept of national innovation system (NIS) are considered. The study is aimed to identify the challenges that the new concept has met. The advantages and bottlenecks of the emerging theory and practice are taken into account. In the study, an attempt is made to offset the shortcomings of the NIS approach and reveal its weaknesses. As a result, an approach to developing research methodology of NIS is proposed. The system structure-object and functional approaches give a basis of this concept.

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