A Better Yardstick: A Capability-Centred Innovation Framework for Measuring Innovation
The importance of innovation is well-understood. Aside from its direct benefits of improved productivity, economic growth, and job creation, innovation allows governments to spend more resources on support for policy priorities, such as education, health, and infrastructure. Another key outcome is the increased income resulting from successful innovation, which leads to a better standard of living.
Impact paper | 30-min read
September 28, 2021