Demand side innovation policy

Demand side innovation policy is now considered imperative for nations economic growth. It needs to be coupled with more traditional supply side innovation policies. While , supply side is taken care in most developed nations, catching up economies still struggle for want of knowledge capabilities and funds. Demand side is more tricky and less articulated. Compatibility with WTO, multilateral, bilateral agreements is one issue. More daunting is the systems and mindset that comes in the way of picking winners. Training public procurers needs long term commitment of policy makers, bureaucrats and other stake holders of a National Innovation System.

This compendium addresses this new topic listing several best practices.
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