technology development

Who is driving technology policy? Is technology driving us or are we in the driver’s seat?

New technologies such as modern robotics, artificial intelligence, advanced manufacturing or quantum technologies are forcing the economy and society to innovate at a fast pace. This raises the question: Is technology driving us or are we driving it? Do we have the right technology policy instruments at our disposal to respond to this pace?

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Boosting technology development through mission-oriented policy mechanisms

Most western countries – including innovation champions such as the USA – have a tradition of mission-oriented policy. These policies pursue the goal of supporting a particular set of new technologies. As such, they involve preferential interventions towards a certain technological domain and can be characterised by a higher degree of intentionality, prioritisation and centralisation than the standard policies focusing on framework conditions.Read more