Transformative innovation policy

Book chapter (2023)

Authors

C.C.R. Penna Economics of Technology and Innovation -

Carla Alvial-Palavicino Universiteit Utrecht

Bipashyee Ghosh University of Sussex

Johan Schot Universiteit Utrecht

Research Group

Economics of Technology and Innovation () (TU Delft)

Transformative change Transformative innovation policy Formative evaluation Transformative outcomes Challenge-led innovation policy

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http://resolver.tudelft.nl/uuid:1c135e21-192f-47e0-bd65-d82f984d08e9

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Published Date

2023

Language

English

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Faculty

Technology, Policy and Management

Department

Values Technology and Innovation

Research Group

Economics of Technology and Innovation

Abstract

Transformative Innovation Policy (TIP) contributes to the new challenge-led frame for science, technology and innovation policy, by emphasizing both the technological and the social aspect of transformative change. TIP presents five key features: (1) challenge-oriented, with explicit consideration for the direction of change embedded in innovations; (2) understanding of systemic innovation as a multi-level process; (3) participatory coordination and governance processes; (4) second-order learning (reflexivity) and experimentation; and (5) continuous monitoring and formative evaluation. An actionable framework has been developed to support and seize the transformative potential of projects, programs and organisations addressing societal challenges, which uses a set of twelve ‘transformative outcomes' (TOs) to implement and evaluate transformative change. One avenue for future development is the elaboration of the concept of transformative mission-oriented innovation policies, which would merge transformative innovation policy with the notion of innovation missions.