The strategic objectives of innovation policy is to drive long term economic growth, however understanding the casual factors which drive successful innovation is a complicated task.
Without an effective value capture model and a focus on route to market, government innovation policy will always be perceived as failing or under delivering. This is the biggest challenge facing government innovation policy.
Karveh Cavalieri | Dec 2017
Transformational change in major industries requires more than technical breakthroughs. Execution of successful policy is thus dependent on building the right networks, partnerships and stakeholder consensus.
Pippa Blunt | Sep 2018
Defence Advanced Research Program Agency is the gold standard for government innovation and has been responsible for unparalleled and consistent radical innovation breakthroughs. What can we learn from DARPA?
Brett Milton | July 2016
We believe successful innovation policy must understand the needs of the innovators. Through our work with thousands of innovators, from research institutions and startups, to corporate venture funds and early stage investors, we have seen a gap between their needs and government support.
The globalisation of venture capital, the elimination of trade barriers and the culture of collaborations have changed the dynamics of global innovation competitiveness. Governments must capitalise on change or risk being left behind.