The State of Uncertainty - Innovation Policy Through Experimentation - NESTA
An interesting new paper in the Provocation Series from NESTA UK entitled "The State of Uncertainty - Innovation Policy Through Experimentation" explores the notion of innovation policy and concludes rather naively in my view "the basic problem that constrains innovation, and the main resource that propels it, is uncertainty and its resolution. This should be the focus of innovation policy. Our proposal suggests both a more powerful strategy and potentially also a more cost effective one than the traditional approach. But it will require that innovation policy be introduced, and applied, in a scientific (learning-focused) rather than political (influence-based) frame of mind." Two problems with this conclusion.