Experimental Innovation Policy
46 Pages Posted: 27 Sep 2019
There are 2 versions of this paper
Experimental Innovation Policy
Experimental Innovation Policy
Date Written: September 2019
Abstract
Experimental approaches are increasingly being adopted across many policy fields, but innovation policy has been lagging. This paper reviews the case for policy experimentation in this field, describes the different types of experiments that can be undertaken, discusses some of the unique challenges to the use of experimental approaches in innovation policy, and summarizes some of the emerging lessons, with a focus on randomized trials. The paper concludes describing how at the Innovation Growth Lab we have been working with governments across the OECD to help them overcome the barriers to policy experimentation in order to make their policies more impactful.
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