Innovation Economics and Policy Design

How do government policies influence innovation and drive economic growth? Economic insights and empirical evidence reveal the dynamic effects of different policy choices, providing valuable guidance for policymakers aiming to foster sustainable innovation ecosystems and support long-term development.
The evolving landscape of innovation demands policies that not only stimulate economic growth but also address the diverse needs and potential of each ecosystem. By understanding key areas—from leveraging unique innovation capabilities to fostering inclusivity, supporting regional and national development, connecting local ecosystems to the global network, and encouraging technological change—policymakers can craft strategies that drive sustainable growth and resilience. A comprehensive understanding of IP rights and institutions further strengthens these efforts, enabling vibrant and adaptive innovation environments.
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Innovation economics and policy designs insights

Find out more about innovation economics through our stories.

Cultivating Innovation: How AgTech Can Transform Latin America

Innovation in agriculture is central to cultivating the Latin America and the Caribbean (LAC) bioeconomy sector, helping boost the region's resilience and reduce poverty rates.

Which are the World’s most Complex Capabilities?

In the rapidly evolving landscape of innovation, understanding which capabilities are the most complex can reveal the strategic advantages and potential growth pathways for economies worldwide.

How can an ecosystem find innovation opportunities?

By identifying their capabilities, innovation ecosystems can find where to look for new areas to develop and prioritize the most promising ones.

How to Evaluate the Strengths of an Innovation Ecosystem

Ecosystems can understand which of their actual capabilities are the most precious and look into ways of nurturing them.

How can innovation economics support policymaking?

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Understanding innovation capabilities can guide policymakers to leverage each innovation ecosystem's unique potential.
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Designing policies that support and encourage innovation inclusivity and diversity can be the engines of economic growth.
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Innovation policies can support the economic and social development of countries and regions.
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Policies can help vibrant local ecosystems connect to the global innovation network enlarging the potential scope and scale of their innovative activities.
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Innovation policies can spur technological change across industries and within their value chains. The current wave of Digitalization can dramatically change the competitiveness of industries and transform the global value chains.
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Understanding of the economic effects of IP rights and institutions are crucial to inform national innovation policy design aiming at boosting vibrant innovation ecosystem.

How can innovation economics support policymaking?

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Find academic literature, data and tools in the field of the economics of innovation and intellectual property (IP).
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Innovation data explorer (content not ready yet)

Explore, analyze, and visualize data related to innovation economics.
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World Intellectual Property Report

WIPO’s flagship analytical publication that examines different themes of innovation. Published every two years.
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WIPO economic research working papers

Economic research papers produced by the Department of Economics and Data Analytics.
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Innovation, IP and Development

Empirical economic studies examining the impact of IP on innovation and economic growth in less-developed economies.
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Innovation and IP Research Guidelines

Collection of guidelines on best practices when conducting empirical research.
Disclaimer: The short posts and articles included in the Innovation Economics Themes Series typically report on research in progress and are circulated in a timely manner for discussion and comment. The views expressed in them are those of the authors and do not necessarily reflect those of WIPO or its Member States.