Technological innovation governance for winning the future

摘要

Both developed and developing worlds today face significant economic crises. For winning their future, all countries will have to boost their capacity to innovate. Since technological innovation has now become the mantra for employment generation through growth of exported goods and to ensure sustained economic growth, current national technological innovation capacity governance policies need to be grounded on four basic pillars: (1) adopting an actionable taxonomy of technological system components utilized by enterprises operating in the fiercely competitive global marketplace; (2) relying on greater public-private partnership for targeted specialization in emerging technology industries; (3) complementing research-university-linked incubators with metropolis-based innovation hotspots; and (4) mandating a prioritized choice criteria function for technological innovation project funding. Why these pillars are important and how to strengthen national technological innovation capacity building-blocks are described in this essay on the basis of lessons learned from studies in many Asian developing countries and some developed countries of the world.