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The Concepts and Issues of Societal Innovation Policy

  • Song, Wichin (Technology and Society Team, Future S&T Strategy Center, Science and Technology Policy Institute (STEPI))
  • Published : 2011.06.30

Abstract

Innovation Policy has evolved to solve social problems through technological innovation. Industrial innovation policy promotes technological innovation so that it consolidates industrial competitiveness and aims at economic growth; however, societal innovation policy promotes technological innovation in the social service domain to improve the quality of life and strengthen sustainability. A different policy regime is required because the objectives and directions of societal innovation policy are different from those of industrial innovation policy. This report consolidates the concepts and characteristics of societal innovation policy that suggest policy options.

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