Innovative public funding models for science, technology and innovation

Traditionally, public funding for STI encouraged research excellence and private sector investment in research and development (R&D) and innovation. Recently, some governments have moved towards ‘problem-driven’ approaches to public financing of innovation. These approaches focus on solving specific social and environmental challenges through multisector collaborations, and problem articulation and definition with end-users is a critical feature of the process.

Sustainable Development Goals:

Decent Work and Economic Growth