Innovation has become the central driver of economic growth and thus a key focal point of countries’ economic development strategies as they seek to gain global competitive advantage. In fact, no fewer than three dozen countries have now created both national innovation agencies and strategies designed specifically to link science, technology, and innovation with economic growth. These countries’ innovation strategies seek to align their policies toward skills, scientific research, information and communications technologies (ICTs), tax, trade, intellectual property (IP), government procurement, standards, and regulations in an integrated and coordinated approach designed to drive economic growth through innovation.
