Incentives for innovation that’s inclusive

Activity: OtherTypes of Public engagement and outreach - Media article or participation

Description

How should policy-makers design incentives for innovation that’s inclusive? This column explains that first, they need to be clear on what they are trying to achieve: bringing innovative products and services to people; or bringing people into the process of innovation. Once the intent is clear, there is a menu of potential policies, including funding, tax incentives, regulatory changes, using public procurement, supporting clusters, accelerators and institutes, promoting stock market development, as well as education and training.
Period23 Mar 2018
Held atGlobal Development Network, India
Degree of RecognitionInternational

Keywords

  • innovation
  • Inclusive innovation
  • public policy