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Political Measurements’ Impact on Technological Innovation: Regulations and Sanctions

Yuchen Liu, Chongqing Nankai Secondary School' 28

· paper

Abstract

Technological innovation system (TIS) refers to “a dynamic network of agents interacting in a specific economic/industrial area under a particular institutional infrastructure and involved in the generation, diffusion, and utilization of technology”, bringing about technological changes (Carlsson and Stankiewicz 93). Based on former studies on this topic, this essay introduces four main drivers of technology innovation system that may be influenced by different political measures: response to challenges, cooperation, incentive schemes, and access to technology input (Nevzorova et al.; Dahlman et al. 759). After that, this essay considers political measurements including international sanctions and domestic regulations. By examining how they interact with the main drivers of technological innovation listed above, we are able to evaluate whether particular political measurements accelerate or impede indigenous technology development. The last section of this article concludes the essay and proposes one potential measure that a state could adopt to react to various external uncertainty and stimulate local technology innovation.

Keywords:Political Measures, Technology Development, Innovation Drivers, Technological Innovation System

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