Innovation policy is the new black
When I was a young economist starting my career in government many years ago I wasn't part of the 'in' crowd. I believed in a clever, forward-looking innovation and industrial policy. There were many things that governments couldn’t, and shouldn’t do, and that were better left to the private sector. But I did feel that governments could make a positive contribution to direction setting, cajoling, encouraging structural and cultural change, and building a better world in partn