Making Innovation Policy Work ... well sort of.

The OECD and World Bank recently released a report called Making Innovation Policy Work.

For some time I have been looking for an easy example of my basic point in this blog that innovation policy only concerns itself with the production and adoption of innovation not the consequences.

Well this book is it. It doesn't come much clearer. An extract of the Preface reads.

The report recommends that we embed monitoring and evaluation in projects, beginning at the design stage in order to improve the quality and efficiency of public expenditures supporting innovation policy. It proposes that we cooperate closely with private and non-governmental actors, who are often better placed than governments to identify barriers and areas for productive investment or policy action. It suggests involving agencies and actors on the periphery of policy making to limit capture by vested interests, and to enable more creative and cooperative policies than those emerging from central agencies. Finally, it recommends that we share lessons early and periodically at the global level, as well as collect and deploy more data through rapid feedback and decision support.

Very nice but no word here about disruption, no word about changes to the way the economy works - just a souped up business as usual.