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2023
Book Article
Title

Next generation innovation policy

Abstract
This chapter outlines what one could call a new generation of innovation policy. In a nutshell, innovation policy has traditionally focused on supporting activities intended to make economies more competitive and boost welfare. The new generation of innovation policy, however, is intended to support the transformation of systems in order to cope with clearly defined societal challenges. This is an ambitious development, as it necessitates a different understanding of the state's role in innovation policy vis-à-vis society and the economy, a modernized portfolio of interventions, and new governance approaches, structures and capabilities. This chapter outlines this new aspiration of innovation policy and the governance changes it requires.
Author(s)
Edler, Jakob  orcid-logo
Fraunhofer-Institut für System- und Innovationsforschung ISI  
Mainwork
Encyclopedia of Social Innovation  
Open Access
DOI
10.4337/9781800373358.ch69
Additional full text version
Landing Page
Language
English
Fraunhofer-Institut für System- und Innovationsforschung ISI  
Keyword(s)
  • Innovation policy

  • Transformation

  • Societal challenges

  • Technology sovereignty

  • Resilience

  • Governance

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