Capturing and Creating Value in the Assistive Technologies Landscape through a Mission-Oriented Approach: A New Research and Policy Agenda

Catherine Holloway, Vicki Austin, Sarah Albala, Malcolm MacLachlan, David Banes, Rose Bandukda, Rainer Kattel, Mariana Mazzucato, Julian Walker
Aug. 1, 2019

Policymakers are increasingly embracing the idea of using industrial and innovation policy to tackle the ‘grand challenges’ facing modern societies. Examples of challenge-led policy frameworks include the United Nations’ Sustainable Development Goals (SDGs), the European Union’sHorizon 2020 research and development programme, and the UK’s 2017 Industrial Strategy White Paper. Policies which are challenge-led are more apt to confront the direction of growth and to acknowledge existing challenges in multilevel ecosystems. The SDGs has an overarching challenge to ‘leave no one behind’ by ensuring that the most marginalized are included in our collective approach to social gain. However, delivering challenge-led growth requires a new tool kit. One that recognizes the importance of market shaping and market co-creating and provides new ways to evaluate dynamic impact and spillovers of innovations and investments