A month ago, we gathered over 250 policymakers, practitioners and researchers working in innovation, entrepreneurship and business growth for the Innovation Growth Lab Annual Conference.
The data revolution is transforming our economy and society, from the way we shop to the way we date. But what about Research, Innovation and Growth (RIG) policy?
In preparation for the upcoming IGL conference and the launch of our experimentation toolkit, this blog bring forward tips for those looking at when and how RCTs can be used in the field of innovation, entrepreneurship and business growth policy.
What are trials? This is a primer, adopted from our upcoming experimentation toolkit, answering a few basic questions on trials.
Every year we spend quite a lot of time thinking about the key challenges that innovation policymakers face. These are some of the questions that we think are important, and that we will be discussing at the IGL2017 Global Conference in Barcelona on 13-14 June:
Recent years have seen a growing interest and increasing uptake of experimental methods in government. Around the world, we see a growing number of governments taking up experimental approaches to tackle complex issues and generate better public outcomes.
There is growing public concern about the challenges the economy of the future presents. From automation to rising inequalities, governments are looking for ways to tackle these issues while rekindling growth rates that have been, in many advanced economies, sluggish.
Entrepreneurship is a major source of job creation and is considered to be an engine of economic growth and innovation. As a result, there is no shortage of initiatives to promote it. Governments across the world spend billions subsidizing entrepreneurial activities, companies increasingly introduce measures to encourage workers to engage in entrepreneurship, and investors are constantly on the lookout for potential “winners”.
Embarking on a journey of policy experimentation might be easier with just a first small step… Keen to encourage a culture of experimentation amongst policy makers, IGL has been examining the barriers that prevent its adoptions – finding that these include a reluctance to disrupt the status quo, fears of a backlash if ‘lotteries’ are used to allocate support or simply that evaluation is considered too late.