Abstract
The continued relevance of the systems approach to the study of innovation, especially in developed countries, has been the subject of recent discourses. This paper argues that with respect to developing countries, discussions on innovation systems are yet to be exhausted. Against this background, the paper takes an objective look at the innovation systems approach and suggests an agenda for studying innovation systems in developing countries. The position of the paper is that modifications to the innovation systems approach present viable opportunities for understanding the innovation process in the developing world. Some concrete modifications, and their implications for future research, are proposed.