A recent New York Times article discusses the emerging government challenge of innovation policy and poses a thought-provoking question: “what is the appropriate role of government in creating industries and jobs in today’s high-technology, global economy?” The article focuses on the recent gathering of global innovation policymakers from nine countries, moderated by John Kao, founder of the Large Scale Innovation non-profit think tank.
The ability to implement successful innovation policies will be crucial to global competitive advantage–is there a better government system to handle innovation policy? Will China’s communist regime push policy through faster than the often debilitating back and forth discussions of democratic-oriented government’s? Will more socialist-leaning European countries have more success supporting publicly funded innovation programs? Let us know your thoughts!
