each question should have 750words
Question 1:What makes the Innovation System (IS) approach a useful perspective for understanding how innovations are created and diffused? Discuss the ‘value added’ of the IS approach compared to others, and reflect on its potential limitations.

Question 3:How might Technology Policy (TP) change as an Innovation System matures? Think about the tools, targets and styles of TP and discuss the interaction between policy-making/institutions, the structure of relationships between IS actors, and the division of innovative labour in a dynamic manner.