Innovation Policy

Innovation is the product of intentional human endeavor. Countries seeking world-leading innovative enterprises and industries need to implement thoughtful and effective national innovation systems, and supporting policy instruments, to maximize their innovation potential. Reports here review the innovation systems/policies of GTIPA-member nations.

An Entrepreneurial Canada? Understanding Canada’s Chronic Lack of Innovation and How We Can Fix It”

As the Canadian economy recovers from the devastation wrought by the COVID-19 pandemic and subsequent lockdown, Canada’s ability to return to normal quickly depends upon our ability to lead as innovators. Yet we also face a significant hurdle to achieving a full recovery – namely, Canada’s persistent lagging when it comes to innovation.

In MLI’s new report, titled “An Entrepreneurial Canada? Understanding Canada’s Chronic Lack of Innovation and How We Can Fix It,” Munk Senior Fellow Philip Cross makes the case that Canada’s failure to foster innovation comes down to a failure to embrace “creative destruction” – that is, the process of economic transformation whereby the old systems and structures of the economy are destroyed as new systems are introduced.

The Macdonald-Laurier Institute Tue, 09/15/2020

Regulating Wholesale Internet Rates: Let’s Stop

In Canada, if regulation doesn’t work, the answer always seems to be more regulation. And so it is now with wholesale internet rates.

C.D. Howe Institute Mon, 09/14/2020

The impact of governmental innovation aid with collaboration requirements

We have evaluated the impact of the Swedish Innovation Agency’s (Vinnova) innovation programs 2010-2012 with collaboration requirements on the turnover of smaller companies and the number of employees, during and after the program. The results show positive effects on the turnover of participating companies.

Swedish Agency for Growth Policy AnalysisWed, 09/09/2020

Industrial policy in Germany

Although the manufacturing industry forms the principal economic basis for the country’s prosperity and employment, the industrial policy does not have a good reputation in Germany. This is because the term is usually used to mean selective state intervention in individual markets and sectors, or on behalf of individual companies, rather than the creation of a general regulatory framework in which industry can flourish.

German Economic InstituteTue, 09/08/2020

Productivity effects of knowledge transfers through inter-firm labour mobility

The authors of this working paper conclude that labor mobility is an important mechanism for the transfer of knowledge and ideas and that this process may result in productivity improvements in recipient firms.

Swedish Agency for Growth Policy AnalysisTue, 09/08/2020

KIET Industrial Economic Review

In 2020, the Korean economy is expected to grow 0.1 percent from the previous year amid the COVID-19 pandemic, due to continued sluggish exports, the transition of consumption to a negative trend, and limited recovery in investment demand. The future trajectory of the pandemic is the most significant factor for the domestic and international economies. In addition, the trends of policy effects in major economies, U.S.-China trade tensions, consumer sentiment, and effects of the Korean government’s policies will affect the economy as well.

The Korea Institute for Industrial Economics and TradeMon, 08/31/2020

Implications of AI on the Indian Economy

India’s Artificial Intelligence (AI) moment is truly here and now. At a time when a diverse range of applications based on AI are being developed, pushing its frontier further into uncharted realms of business and society, Indian policymakers are contemplating and charting its potential for growth and social transformation. Our study attempts to understand the impacts of AI in India and trace the pathways that help realise it.

ICRIERWed, 08/26/2020

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