Making innovation policy work: The benefits and lessons of experimental innovation policy (Making Innovation Policy Work: Learning from Experimentation)

Building on concrete examples, this volume explores a number of emerging topics in innovation policy for sustainable growth and shared prosperity. The book develops the concept of experimental innovation policy, which integrates monitoring and evaluation at the policy design stage and throughout the process of policy implementation. This approach can help improve the quality and efficiency of public expenditures supporting innovation policy. Policy making based on experimentation is particularly important for new and emerging innovation domains, where the scope for learning and improvement is the greatest.
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What Countries are Doing

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Published by World Bank in 2014