Governance Challenges: Considerations in Structuring Agencies to Support Innovation

This paper is the first part of a larger project which includes other collaborators and that aims to construct a framework of the policy imperatives and challenges that have implications for the performance and success of the Technology Innovation Agency. This larger project will assess the performance of the agency in terms of creating public value (Moore, 1995) and examine any unintended consequences. Substantial portions of the theoretical considerations and evidence necessary to answer these questions i.e. the purposes, structure and functioning of Nordic-style innovation agencies; the utility of complex principal-agent models; the assessment of transaction costs; the applicability of models of regulatory capture, and the methods to be used in ascertaining the benefits and consequences of TIA - are addressed in papers being written by my collaborators.