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The concept and issues of societal innovation policy

  • The concept and issues of societal innovation policy
  • Song, Wichin
  • Seoul : Science and Technology Policy Institute
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Title The concept and issues of societal innovation policy
Author Song, Wichin
Publisher Seoul : Science and Technology Policy Institute
Publication Date 2011 -06
Material Type Article
Country South Korea Holding Science and Technology Policy Institute
Language English License
Pages 10

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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