New Role of the State for Transformative Innovation

This comprehensive Handbook explores the multifaceted and evolving role of the state in driving innovation, with a view to addressing the grand societal challenges, including sustainability, social inclusivity and economic transformation.Drawing on current debates, contributing authors illustrate how states can create resilient innovation systems in order to mitigate the unprecedented societal and environmental challenges of the 21st century. They examine theoretical frameworks, policy styles and practical tools for government intervention, highlighting the balance between regulation, incentivization and active participation. Chapters outline how the state can function as a regulator, innovator, orchestrator and social advocate across various contexts, with examples from advanced economies, emerging markets and the Global South. Foregrounding novel policy directions and approaches, such as mission-oriented policies, systemic innovation tools and agile governance, this Handbook sets a transformative agenda for future research and practice.This volume is an essential resource for scholars and students in the fields of innovation studies, economics, political science, and environmental and sustainability studies. Providing actionable strategies for technological and social change, it is also greatly beneficial to policymakers and practitioners in innovation and economic development.