A ground-breaking account which shows how the public sector must
adapt, but also persevere, in order to advance technology and
innovation From self-driving cars to smart grids, governments are
experimenting with new technologies to significantly change the way
we live. Innovation has become vitally important to states across
the world. Rainer Kattel, Wolfgang Drechsler and Erkki Karo explore
how public bodies pursue innovation, looking at how new policies
are designed and implemented. Spanning Europe, the USA and Asia,
the authors show how different institutions finance new
technologies and share cutting-edge information. They argue for the
importance of 'agile stability', demonstrating that in order to
successfully innovate, state organizations have to move nimbly like
start-ups and yet ensure stability at the same time. And that,
particularly in the light of the Covid-19 pandemic, governments
need both long-term policy and dynamic capabilities to handle
crises. This vital account explores the complex and often
contradictory positions of innovating public bodies-and shows how
they can overcome financial and political resistance to change for
the good of us all.
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