RAUSING RESEARCH ON INNOVATION SYSTEMS AND INNOVATION POLICIES. 2011-2014. The project addresses theoretical, empirical and policy‐oriented aspects of innovation processes in innovation systems. It includes analyses of the determinants (‘ten activities’, including entrepreneurship and demand side instruments, such as innovation procurement) and consequences of Innovations, as well as their measurement (innovation indicators).    On this basis, the foundations of policies are focused, i.e. theory, rationales, objectives, instruments and practices related to innovation policies. CIRCLE researchers involved are Charles Edquist (project leader), Susana Borrás, Jonas Gabrielsson, Jon Mikel Zabala and Taehyun Jung.