Making Innovation Policy Work Learning from Experimentation
Making Innovation Policy Work Learning from Experimentation by Mark Andrew Dutz, published by OECD in 2014, is a comprehensive exploration of innovation policy aimed at fostering inclusive and sustainable growth. This 284-page book delves into the concept of experimental innovation policy, emphasizing the importance of continuous monitoring and feedback throughout the policy’s lifecycle rather than solely at its conclusion. The text presents concrete examples to illustrate how this approach can enhance policy impact and the efficiency of public expenditures related to innovation.
Readers will find a detailed examination of emerging topics in innovation policy, particularly in the realms of innovative entrepreneurship, green innovation, and pro-poor or base-of-the-pyramid innovation. The book highlights the significance of experimental policymaking in new and evolving domains, where opportunities for learning and improvement are most pronounced. Through its analytical framework, this edition provides insights into how adaptive strategies can lead to more effective economic development and public policy outcomes.
Official synopsis Publisher
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.
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