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Opinion

Innovation policy: the adaptation challenge

By Brian Wixted and Peter Phillips      

We are not suggesting grand strategizing—rather we first encourage governments to recognize and embrace disruption as an emergent-phenomena and make adaptation an important part of the conversation.

When we reduce innovation to the next cool gadget, which we extrapolate will have some nice export potential, we have missed 99 per cent of the innovation currently cascading through our economy and society. It would not be a surprise then that we are also ignoring 99 per cent of the potential places for government action, write Brian Wixted and Peter Phillips. Photograph courtesy of Pixabay

Innovation policy is caught up in a narrative problem. It has come to only mean the funding of new “things” in an international race to develop new stuff (think superclusters). Smart adoption or even government experimentation with adaptation strategies seem far from the policy debates.

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