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Making Innovation Policy Work Learning From Experimentation
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Book Synopsis Making Innovation Policy Work by : Mark Andrew Dutz
Download or read book Making Innovation Policy Work written by Mark Andrew Dutz and published by OCDE. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores emerging topics in innovation policy for more inclusive and sustainable growth. Building on concrete examples, it develops the concept of experimental innovation policy: Rather than evaluating the effects of a policy at its conclusion, monitoring and feedback are incorporated from the design stage and occur continuously throughout the life of the policy. This approach has the potential to improve policy impact and implementation, as well as the efficiency of public expenditures supporting innovation policy. Experimental policymaking is particularly important for new and emerging innovation domains, where the scope for learning and improvement is the greatest. The book explores three emerging domains of innovation policy: innovative entrepreneurship, green innovation, and propoor or base-of-the-pyramid innovation.
Book Synopsis Making Innovation Policy Work Learning from Experimentation by : OECD
Download or read book Making Innovation Policy Work Learning from Experimentation written by OECD and published by OECD Publishing. This book was released on 2014-04-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores emerging topics in innovation policy for more inclusive and sustainable growth, building on concrete examples, and develops the notion of experimental innovation policy.
Book Synopsis Experimentation Matters by : Stefan H. Thomke
Download or read book Experimentation Matters written by Stefan H. Thomke and published by Harvard Business Press. This book was released on 2003 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every company's ability to innovate depends on a process of experimentation whereby new products and services are created and existing ones improved. But the cost of experimentation often limits innovation. New technologies--including computer modeling and simulation--promise to lift that constraint by changing the economics of experimentation. Never before has it been so economically feasible to ask "what-if" questions and generate preliminary answers. These technologies amplify the impact of learning, paving the way for higher R&D performance and innovation and new ways of creating value for customers.In Experimentation Matters, Stefan Thomke argues that to unlock such potential, companies must not only understand the power of experimentation and new technologies, but also change their processes, organization, and management of innovation. He explains why experimentation is so critical to innovation, underscores the impact of new technologies, and outlines what managers must do to integrate them successfully. Drawing on a decade of research in multiple industries as diverse as automotive, semiconductors, pharmaceuticals, chemicals, and banking, Thomke provides striking illustrations of how companies drive strategy and value creation by accommodating their organizations to new experimentation technologies.As in the outcome of any effective experiment, Thomke also reveals where that has not happened, and explains why. In particular, he shows managers how to: implement "front-loaded" innovation processes that identify potential problems before resources are committed and design decisions locked in; experiment and test frequently without overloading their organizations; integrate new technologies into the current innovation system; organize for rapid experimentation; fail early and often, but avoid wasteful "mistakes"; and manage projects as experiments.Pointing to the custom integrated circuit industry--a multibillion dollar market--Thomke also shows what happens when new experimentation technologies are taken beyond firm boundaries, thereby changing the way companies create new products and services with customers and suppliers. Probing and thoughtful, Experimentation Matters will influence how both executives and academics think about experimentation in general and innovation processes in particular. Experimentation has always been the engine of innovation, and Thomke reveals how it works today.
Book Synopsis Experimental Innovation Policy by : Albert Bravo Biosca
Download or read book Experimental Innovation Policy written by Albert Bravo Biosca and published by . This book was released on 2019 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experimental approaches are increasingly being adopted across many policy fields, but innovation policy has been lagging. This paper reviews the case for policy experimentation in this field, describes the different types of experiments that can be undertaken, discusses some of the unique challenges to the use of experimental approaches in innovation policy, and summarizes some of the emerging lessons, with a focus on randomized trials. The paper concludes describing how at the Innovation Growth Lab we have been working with governments across the OECD to help them overcome the barriers to policy experimentation in order to make their policies more impactful.
Book Synopsis Handbook of Innovation Policy Impact by : Jakob Edler
Download or read book Handbook of Innovation Policy Impact written by Jakob Edler and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation underpins competitiveness, is crucial to addressing societal challenges, and its support has become a major public policy goal. But what really works in innovation policy, and why? This Handbook, compiled by leading experts in the field, is the first comprehensive guide to understanding the logic and effects of innovation polices. The Handbook develops a conceptualisation and typology of innovation policies, presents meta-evaluations for 16 key innovation policy instruments and analyses evidence on policy-mix. For each policy instrument, underlying rationales and examples are presented, along with a critical analysis of the available impact evidence. Providing access to primary sources of impact analysis, the book offers an insightful assessment of innovation policy practice and its evaluation.
Book Synopsis The Challenges of Technology and Economic Catch-Up in Emerging Economies by : Jeong-Dong Lee
Download or read book The Challenges of Technology and Economic Catch-Up in Emerging Economies written by Jeong-Dong Lee and published by Oxford University Press. This book was released on 2021 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge on these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macroregions. Compared to the challenges and uncertainties facing emerging economies, our understanding of technology upgrading is sparse, unsystematic, and scattered. The recent growth slowdown in many emerging economies, often known as the middle-income trap, has reinforced the importance of understanding the technology upgrading challenges they experience. While our understanding of these issues from the 1980s and 1990s is relatively more systematised, the more recent changes that took place during the globalization and proliferation of global value chains, and the effects of the 2008 financial crisis, have not been explored and compared synthetically. The current effects of COVID-19, geopolitical struggles, and the growing concern around environmental sustainability add significant complexity to an already problematic situation. The time is ripe to take stock of our existing knowledge on processes of technology upgrading in emerging economies and make further inroads in research on this crucial issue.
Book Synopsis Experimentation Works by : Stefan H. Thomke
Download or read book Experimentation Works written by Stefan H. Thomke and published by Harvard Business Press. This book was released on 2020-02-18 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don't fly blind. See how the power of experiments works for you. When it comes to improving customer experiences, trying out new business models, or developing new products, even the most experienced managers often get it wrong. They discover that intuition, experience, and big data alone don't work. What does? Running disciplined business experiments. And what if companies roll out new products or introduce new customer experiences without running these experiments? They fly blind. That's what Harvard Business School professor Stefan Thomke shows in this rigorously researched and eye-opening book. It guides you through best practices in business experimentation, illustrates how these practices work at leading companies, and answers some fundamental questions: What makes a good experiment? How do you test in online and brick-and-mortar businesses? In B2B and B2C? How do you build an experimentation culture? Also, best practice means running many experiments. Indeed, some hugely successful companies, such as Amazon, Booking.com, and Microsoft, run tens of thousands of controlled experiments annually, engaging millions of users. Thomke shows us how these and many other organizations prove that experimentation provides significant competitive advantage. How can managers create this capability at their own companies? Essential is developing an experimentation organization that prizes the science of testing and puts the discipline of experimentation at the center of its innovation process. While it once took companies years to develop the tools for such large-scale experiments, advances in technology have put these tools at the fingertips of almost any business professional. By combining the power of software and the rigor of controlled experiments, today's managers can make better decisions, create magical customer experiences, and generate big financial returns. Experimentation Works is your guidebook to a truly new way of thinking and innovating.
Book Synopsis OECD Regional Development Studies Broad-based Innovation Policy for All Regions and Cities by : OECD
Download or read book OECD Regional Development Studies Broad-based Innovation Policy for All Regions and Cities written by OECD and published by OECD Publishing. This book was released on 2020-10-15 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication summarises the main findings of a series of high-level expert workshops, organised with support by the European Commission, to deepen the understanding how OECD countries can move towards a broad‐based form of innovation policy for regions and cities. Weaknesses in technology and knowledge diffusion are weighing on productivity growth and innovation in OECD countries, particularly in firms that are distant from the technological frontier (global or national). This in turn weakens their capacity to meet future challenges and undermines inclusive growth.
Book Synopsis Making Climate Tech Work by : Alon Tal
Download or read book Making Climate Tech Work written by Alon Tal and published by Island Press. This book was released on 2024-04-30 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate tech is critical for averting planetary chaos. Half the greenhouse gas reductions required to reach "net-zero" climate targets in 2050 will need to come from technologies that have not yet been invented. Making Climate Tech Work is an insightful analysis of how smart government policies can make those technologies a reality. Which approaches can lead us to a sustainable economy, and which are likely to fall short? Learn how Denmark became a wind energy superpower, Germany incentivized renewables, Australia phased out incandescent bulbs, and why carbon taxes have failed around the world - but could be designed for success. Alon Tal expertly distills each policy's benefits and drawbacks, along with related ethical questions and public perceptions. The result is an essential primer for anyone interested in accelerating climate tech solutions.
Book Synopsis The Innovation Paradox by : Xavier Cirera
Download or read book The Innovation Paradox written by Xavier Cirera and published by World Bank Publications. This book was released on 2017-10-02 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors, particularly firm managerial capabilities, that are needed to reap the returns to innovation investments. Hence, countries need to rebalance policy away from R and D-centered initiatives †“ which are likely to fail in the absence of sophisticated private sector partners †“ toward building firm capabilities, and embrace an expanded concept of the National Innovation System that incorporates a broader range of market and systemic failures. The authors offer guidance on how to navigate the resulting innovation policy dilemma: as the need to redress these additional failures increases with distance from the frontier, government capabilities to formulate and implement the policy mix become weaker. This book is the first volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.
Book Synopsis Innovation Policies for Inclusive Growth by : OECD
Download or read book Innovation Policies for Inclusive Growth written by OECD and published by OECD Publishing. This book was released on 2015-05-22 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication discusses the impacts of innovation and innovation policies on industrial, territorial and social inclusiveness in the world economy.
Book Synopsis Innovation and Public Policy by : Austan Goolsbee
Download or read book Innovation and Public Policy written by Austan Goolsbee and published by University of Chicago Press. This book was released on 2022-03-25 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner.
Book Synopsis Towards Hydrogen Infrastructure by : Deepshikha Jaiswal-Nagar
Download or read book Towards Hydrogen Infrastructure written by Deepshikha Jaiswal-Nagar and published by Elsevier. This book was released on 2023-08-22 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Towards Hydrogen Infrastructure: Advances and Challenges in Preparing for the Hydrogen Economy lays out the fundamental needs and processes of a potential hydrogen-based economy. This book begins by outlining the processes, theory, and technology underlying hydrogen energy, from production to storage and dissemination. Each chapter outlines the potential and the hurdles for developing each element toward a workable hydrogen infrastructure. The later parts consider the social, and environmental issues surrounding the hydrogen economy, and suggest updated governmental policies. Presenting the needs of hydrogen energy infrastructure from development to practical implementation, Provides a basic overview of hydrogen energy processes, from production and storage to transportation and use. Considers in detail the potential needs and opportunities of future hydrogen economic infrastructure, identifies necessary developments, and lays out a roadmap toward a successful transition. Presents safety and environmental considerations for the potential hydrogen economy, and proposes governmental and regulatory policies to enable effective, safe, and sustainable use.
Book Synopsis Integrating Intellectual Property into Innovation Policy Formulation in Rwanda by : World Intellectual Property Organization
Download or read book Integrating Intellectual Property into Innovation Policy Formulation in Rwanda written by World Intellectual Property Organization and published by WIPO. This book was released on 2015-05-28 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of a series of WIPO-produced country reports, reviewing IP in national innovation systems. Each report offers country-specific recommendations for more effectively using the IP system to strengthen national innovation systems.
Book Synopsis The Innovation Imperative Contributing to Productivity, Growth and Well-Being by : OECD
Download or read book The Innovation Imperative Contributing to Productivity, Growth and Well-Being written by OECD and published by OECD Publishing. This book was released on 2015-10-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-timed and targeted innovation boosts productivity, increases economic growth and helps solve societal problems. But how can governments encourage more people to innovate more of the time? And how can government itself be more innovative? The OECD Innovation Strategy provides a set of ...
Book Synopsis OECD Science, Technology and Innovation Outlook 2018 Adapting to Technological and Societal Disruption by : OECD
Download or read book OECD Science, Technology and Innovation Outlook 2018 Adapting to Technological and Societal Disruption written by OECD and published by OECD Publishing. This book was released on 2018-11-19 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Science, Technology and Innovation Outlook 2018 is the twelfth edition in a series that biennially reviews key trends in science, technology and innovation (STI) policy in OECD countries and a number of major partner economies. The 14 chapters within this edition look at a range of ...
Book Synopsis Evolving Diversity and Interdependence of Capitalisms by : Robert Boyer
Download or read book Evolving Diversity and Interdependence of Capitalisms written by Robert Boyer and published by Springer. This book was released on 2018-10-31 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book integrates three levels of political–economic analysis: first a comparative institutional analysis of the varieties of capitalism in both Europe and Asia, second a macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia, and then an encompassing analysis of international production linkages and international financial instability which determine the long-term patterns of regional integration in Europe and Asia. The comparison of the European Union and ASEAN delivers some key conditions for a viable long-term regional economic integration to cope with contrasted capitalisms and growth regimes: either pragmatism in the choice of an exchange rate regime, or a form of fiscal federalism. The reader will also find a genuine analysis of the dynamism of the Chinese economy, a study on institutional changes and de-industrialization in Japan, and the increasing international production linkages among China, Japan, Korea, and ASEAN. It is shown how the enlargement of the European Union and the Euro triggered the diverging competitiveness and macroeconomic performances that led to the crisis of a six decades long economic and political process. This book is the result of long lasting Asian–European collaborative research. It is a milestone in the historical and comparative analysis along the régulation theory that aims at understanding the long-run transformations, renewed diversity and interdependence of capitalisms.
