%0 Journal Article %J Technology Innovation Management Review %D 2011 %T Innovation Policy Development and the Emergence of New Innovation Paradigms %A Stoyan Tanev %A Mette Præst Knudsen %A Tanja Bisgaard %A Merethe Stjerne Thomsen %K innovation %K Open innovation %K policy %K user-driven innovation %K value co-creation %X The objective of the present article is to discuss innovation policy issues related to three emerging innovation paradigms: user-driven innovation, open innovation, and value co-creation. It provides a summary of insights based on innovation policy practices and challenges in Denmark. The choice of Danish innovation policy practices is not accidental. In 2008 Denmark implemented 40 different national innovation programs by allocating about 400 million euros. Since the three emerging paradigms have become globally relevant, the discussion of Danish policy development challenges and practices is expected to be insightful for innovation experts from other developed countries that are currently dealing with the adoption of these paradigms. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 1 %P 14-19 %8 11/2011 %U http://timreview.ca/article/496 %N 2 %1 University of Southern Denmark Stoyan Tanev is an Associate Professor in the Institute of Technology and Innovation and member of the Integrative Innovation Management (I2M) Research Unit at the University of Southern Denmark, Odense, Denmark, as well as Adjunct Professor in the Department of Systems and Computer Engineering at Carleton University in Ottawa, Canada, where he was previously a faculty member in the Technology Innovation Management Program at Carleton University. He has a MSc and PhD in Physics (jointly by the University of Sofia, Bulgaria, and the University Pierre and Marie Curie, Paris, France), a MEng in Technology Management (Carleton University, Canada), and a MA (University of Sherbrooke, Canada). His main research interests are in the fields of technology innovation management and value co-creation in technology-driven businesses. Dr. Tanev is also on the Review Board of the Technology Innovation Management Review. %2 University of Southern Denmark Mette Præst Knudsen is a Professor in Innovation Management at the Department of Marketing & Management (Faculty of Social Sciences), University of Southern Denmark. She is the research manager of the Integrative Innovation Management research unit. She holds a PhD from Aalborg University (Denmark) on technological competencies of high- tech companies. Furthermore, she holds a Master of Economics from Odense University (Denmark). %3 Novitas Innovation Tanja Bisgaard is the founder of Novitas Innovation, a company that facilitates complex innovation processes and is working with clients such as Copenhagen University Hospital, Agro Food Park, and Copenhagen Cleantech Cluster. Previously, she was Manager of Policy Analysis at FORA, the Danish Ministry of Economics and Business Affairs, where she identified and analyzed new forms of innovation in companies. Within the areas of user-driven innovation and corporate social innovation, Tanja has worked on several projects documenting the successful results of companies’ innovation processes. She holds a MSc in Management from the London School of Economics and Political Science, UK, and a BSc in Business Economics from the University of Surrey, UK. %4 University of Southern Denmark Merethe Stjerne Thomsen a PhD student in the Institute of Technology and Innovation in the Faculty of Engineering in the University of Southern Denmark, Odense, Denmark. %R http://doi.org/10.22215/timreview/496