Digital Innovation Seizing Policy Opportunities.

Intro -- Foreword -- Reader's guide -- References -- Acknowledgements -- Acronyms and abbreviations -- Executive summary -- Main findings and recommendations -- Main findings -- Digital transformation affects innovation in all sectors, but in different ways -- Digital innovation is changing market structures and dynamics -- Countries are adopting innovative policy approaches for the digital age -- Policy recommendations -- Priority areas of policy action -- Principles for innovation policy areas that need adjustment in the digital age -- Policy areas requiring a sectoral approach -- Chapter 1. Characterising innovation in the digital age -- Introduction -- 1.1. How is the digital transformation changing innovation? -- Lower production costs and fluidity -- New characteristics of innovation -- (1) Data as a core input for innovation -- Changing research processes -- Enabling new services and business models -- Enhancing customisation -- Optimising processes -- (2) Services innovation enabled by digital technologies -- Manufacturing firms expand into digitally enabled services -- Services innovations build on digital technologies -- (3) Faster innovation cycles -- Designing, prototyping and testing new products and services -- Experimenting with (not fully finished) products and services on the market -- Regular upgrading and versioning -- Personalisation -- (4) Collaborative innovation -- Data sharing -- Business incubation -- Open innovation among actors -- Platforms and other innovation ecosystems -- Corporate venture capital investments and acquisitions -- In-house collaborations -- 1.2. What are the impacts of digital innovation on market dynamics? -- Facilitating market entry and competition -- Market dynamics -- 1.3. Conclusion -- References -- Chapter 2. Impacts of the digital transformation on innovation across sectors -- Introduction.

2.1. Current sector-specific digital technology applications -- Agri-food sector -- Automotive industry -- The retail sector -- 2.2. Digital technology opportunities for innovation: present and future -- (1) Opportunities for digitalising final products and services -- (2) Opportunities for digitalising processes -- (3) Opportunities for creating digitally enabled business models and markets -- 2.3. Data needs and challenges for innovation -- 2.4. Digital technology adoption and diffusion trends -- (1) Capabilities to uptake new digital technologies -- (2) Presence of market disruptors -- (3) Sectoral characteristics -- (4) Consumer demands and attitudes towards change -- 2.5. Differences within sectors -- 2.6. Conclusion -- Annex 2.A1. Definition of sectors covered in the report -- References -- Chapter 3. How should innovation policies be adapted to the digital age? -- Introduction -- 3.1. Data access policies -- Ensure access to data for innovation, taking into account data diversity -- Explore the development of data markets -- 3.2. Policies to support innovation and entrepreneurship -- Ensure that policies are anticipatory, responsive and agile -- Support service innovation that implements digital technologies -- Adapt the IP system -- Support the development of generic digital technologies -- 3.3. Public research, education and training policies -- 3.4. Policies to develop competitive, collaborative and inclusive innovation ecosystems -- Promote competitive innovation ecosystems -- Support collaboration for innovation -- Support digital technology adoption by firms, particularly SMEs -- Support social and territorial inclusiveness -- 3.5. Principles for innovation policies in the digital age -- Set national policies in the context of global markets -- Engage with citizens to address technology-related public concerns.

Adopting a sectoral approach to policy making when necessary -- 3.6. Conclusion -- References -- Chapter 4. Policies to stimulate digital innovation's diffusion and collaboration -- Introduction -- 4.1. Supporting digital technology adoption and diffusion -- (1) Awareness raising and capacity building -- (2) Financial support for digital technology investments -- (3) Demonstration and testing of new digital technologies -- (4) Access to most advanced technologies and expertise -- 4.2. Spurring collaborative innovation -- (1) Platforms and forums for strategic planning -- (2) Collaboration facilitators: intermediaries, networks and clusters -- (3) Collaborative research and innovation centres -- (4) Crowdsourcing, open challenges and living labs -- (5) Financial support for collaborative R&amp -- D -- 4.3. Conclusion -- Annex 4.A1. Overview of country policy case studies -- References.

This report discusses how the digital transformation - digital technologies, data and software, AI-based analytics and other advances - is changing innovation processes and outcomes. It highlights the general trends across the economy and factors behind sector-specific dynamics, including increasing use of data as a key input for innovation, the expanding possibilities for experimentation offered by virtual simulation, 3D printing and other digital technologies, and the growing focus on services innovation enabled by digital technologies.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.