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Rethinking Innovation Policy in Viet Nam at the dawn of IR4.0

Research output: Other contribution

Robyn Klingler-Vidra, Ida Uusikyla

Original languageEnglish
Publication statusPublished - 16 Mar 2020

King's Authors

Abstract

Societal challenges have become increasingly complex and intertwined. Technological advance promises tremendous opportunities for economic growth, but also threatens to replace jobs, by automating tasks that have been the basis of people’s livelihoods. Job losses for those already vulnerable at the same time that technology is endowing founders and investors with tremendous wealth stands to widen inequality. The current models of economic growth are also increasingly challenging the perseverance of the environment, with waterways suffering pollution and declining air quality hurting people and planet. For us, this complexity and urgency of today’s social and environmental challenges mean that current approaches to innovation policy-making are in need of a serious pivot. In this brief post, we outline our thinking - based on recent and ongoing research - on ways in which innovation can be managed in a more inclusive way in Viet Nam. A more inclusive approach, we argue, can help Viet Nam harness the opportunities of the Industrial Revolution 4.0, without compromising equitable growth.

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