ABSTRACT

This chapter focuses on a governmental innovation agency's accounting for the outcome of innovation policy support. It presents the mission of the focal innovation agency in general, its engagement in the Uppsala Life Science setting in particular and how the outcome of its innovation engagement is accounted for. The chapter summarises the seven different aspects that Vinnova is accounting for regarding its innovation support and juxtapose Vinnova's presupposition concerning the innovation process. The IMP approach recognises the direct and indirect interactions occurring in the business landscape, creating imprints on social as well as material resources exchanged, resulting in complex interdependencies spanning time and space. In turn, this makes contextual reactions critical for the direction and outcome of any attempt to create change. The main mission of Vinnova became to support knowledge transfer from academic research to private firms based on the assumption that they will transform knowledge advances to innovation corresponding to economic and societal needs.