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Navigating green and digital transitions: Five imperatives for effective STI policy

Erik Arnold, Caroline Paunov, Sandra Planes-Satorra, Sylvia Schwaag Serger and Luke Mackle

No 162, OECD Science, Technology and Industry Policy Papers from OECD Publishing

Abstract: This paper discusses five innovation policy imperatives critical to achieving green and digital transitions: coordinated government, stakeholder engagement, policy agility and experimentation, directionality and support for breakthrough innovation. The paper provides policy examples from Germany, based on the OECD Review of Innovation Policy: Germany, and other countries to illustrate in what ways countries have addressed these imperatives. Overall, the quality and scale of these policy responses need to increase if transitions are to succeed. Open questions for future policy research are also highlighted.

Keywords: agile policy; breakthrough innovation; country policy examples; digital transformation; digital transition; directionality; Germany; governance; green transition; innovation policy; policy experimentation; stakeholder engagement; STI policy (search for similar items in EconPapers)
JEL-codes: O31 O33 O38 (search for similar items in EconPapers)
Date: 2023-11-30
New Economics Papers: this item is included in nep-ene, nep-env, nep-ino and nep-tid
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