Time for a more inclusive innovation economy
While innovation can generate substantial economic and social benefits, often those benefits are captured by a select few. When a small cohort captures a large share of benefits, others have fewer resources to pursue education, start and grow businesses, and contribute to innovation and economic growth as consumers. We do a poor job of providing opportunities and resources to all people to effectively contribute to innovation that can stimulate growth and address a range of health, environmental and social challenges.
Canada’s first Inclusive Innovation Monitor will help to generate a better understanding of innovation and inclusive growth and provide insight into the relationships between different indicators of innovation, participation, and distribution. An innovation agenda that neglects inclusion, equity and empowerment is both unjust and unwise, writes Daniel Munro. Photograph courtesy of Pixabay