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Digital Innovation

Seizing Policy Opportunities

image of Digital Innovation

This report discusses how the digital transformation – digital technologies, data and software, AI-based analytics and other advances – is changing innovation processes and outcomes. It highlights the general trends across the economy and factors behind sector-specific dynamics, including increasing use of data as a key input for innovation, the expanding possibilities for experimentation offered by virtual simulation, 3D printing and other digital technologies, and the growing focus on services innovation enabled by digital technologies.

In view of such changes, this report evaluates how innovation policies should adapt to foster innovation and inclusive development in the digital age, and identifies priority areas for policy action. It also explores novel innovation policy approaches implemented by countries to foster digital technology adoption and collaborative innovation.

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How should innovation policies be adapted to the digital age?

This chapter explores how policy support for innovation should change in order to effectively promote vibrant and inclusive innovation ecosystems in the digital age. It explores directions for policy in terms of data access, entrepreneurship, public research, education and training, and ways to stimulate competitive, collaborative and inclusive innovation ecosystems. It concludes with guiding principles that should inform policy action and change: setting national policies in the context of global markets; engaging with the public to address technology-related public concerns; and taking sectoral perspectives on board in the design of innovation policies when needed.

English

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