Learning from Trump and Xi?  Globalization and innovation as drivers of a new industrial policy.  Bertelsmann GED Focus 2020

Study

Innovation & MarketsHigh ImpactStrong effect

State-led innovation strategies can bolster national competitiveness.

Different national approaches to industrial policy, particularly concerning state intervention in innovation, can lead to significant technological advancements and sustained competitive advantage.

Academic Publication · 2020

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Key Findings

01Technological innovation is a critical driver of long-term economic growth.
02Divergent national strategies, with varying degrees of state involvement, can both be successful in fostering innovation.
03Key areas for an innovation-promoting industrial policy include long-term strategy, venture capital, cluster development, cybersecurity, and fair competition.

02

Application

Design takeaway

Adopt a strategic approach to innovation that considers potential government support or regulatory environments, and be aware of how different national models foster technological advancement.

How to apply

Research the industrial policies and innovation support mechanisms in your target markets to identify opportunities and potential challenges.

Project actions

01When researching a product, consider how national policies might affect its development or market success.
02Investigate if there are government grants or initiatives that could support your design project.

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Method & Evidence

AimTo analyze and compare divergent national innovation models and assess the transferability of their success factors to the European context.

MethodComparative analysis

ProcedureThe study analyzes the innovation systems of China and the USA, identifying key features and success factors of their distinct industrial policies. It then discusses the applicability of these factors to the European and German contexts.

ContextNational industrial policy and innovation strategy

Variables

IV["National industrial policy approaches (e.g., state intervention levels, specific support mechanisms)"]

DV["Technological success","National competitiveness"]

CV["Global economic conditions","Technological trends"]

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Strengths & Limitations

Strengths

+Provides a comparative analysis of different national innovation models.
+Identifies actionable fields of action for policy development.

Limitations

It can be challenging to isolate the exact impact of specific government policies from other economic factors.

Reliability & validity

The study's findings are based on analysis of existing policies and outcomes, making direct experimental validation difficult. Its strength lies in the comparative approach to understanding complex systemic factors.

Think critically

To what extent can a nation's unique cultural and political landscape be a barrier to adopting innovation strategies from other countries?

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Design Principles

"National industrial policy can significantly shape the innovation landscape and competitive positioning of industries."

Understanding how different nations leverage state power to foster innovation provides valuable insights for developing effective strategies in design and product development. It highlights that tailored approaches, rather than a one-size-fits-all solution, are crucial for building and maintaining a competitive edge in the global market.

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What This Means for Your Design

Different countries use different ways to help their industries invent new things and stay ahead. Some ways work better than others, and it's important to see what we can learn from them.

How to use in your project

1.Reference this research when discussing the broader economic and policy context influencing your design choices or the potential market for your product.

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Add to My Project

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Quick Cite

(2020). Learning from Trump and Xi? Globalization and innovation as drivers of a new industrial policy. Bertelsmann GED Focus 2020. Academic Publication. Retrieved from https://designdex.org/study/d780435e-739f-4df3-909f-45fc1c9b926b/state-led-innovation-strategies-can-bolster-national-competitiveness

Paragraph starter

The study highlights that national industrial policies play a significant role in fostering innovation and competitiveness. By examining successful models from different countries, designers can gain insights into how state intervention, such as supporting venture capital or developing industry clusters, can create a more conducive environment for technological advancement and market success.

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Source

Academic Publication

Learning from Trump and Xi? Globalization and innovation as drivers of a new industrial policy. Bertelsmann GED Focus 2020

journal · 2020

View source

Questions about this research

What does the research say about state-led innovation strategies can bolster national competitiveness?: Adopt a strategic approach to innovation that considers potential government support or regulatory environments, and be aware of how different national models foster technological advancement. Evidence: Academic Publication (2020).
Why does "State-led innovation strategies can bolster national competitiveness." matter for design?: Understanding how different nations leverage state power to foster innovation provides valuable insights for developing effective strategies in design and product development. It highlights that tailored approaches, rather than a one-size-fits-all solution, are crucial for building and maintaining a competitive edge in the global market.
How can designers apply this research?: Adopt a strategic approach to innovation that considers potential government support or regulatory environments, and be aware of how different national models foster technological advancement.
What were the main findings?: Technological innovation is a critical driver of long-term economic growth.. Divergent national strategies, with varying degrees of state involvement, can both be successful in fostering innovation.. Key areas for an innovation-promoting industrial policy include long-term strategy, venture capital, cluster development, cybersecurity, and fair competition.
What research method was used?: Comparative analysis.
How strong is the evidence?: Evidence strength is rated Strong effect, based on a 2020 journal from Academic Publication.
What should I do differently in my next project?: Research the industrial policies and innovation support mechanisms in your target markets to identify opportunities and potential challenges.
What are the limitations?: The direct transferability of specific national strategies may be limited by differing economic, political, and cultural contexts.
Is there evidence that innovation affects design outcomes?: Nations can achieve technological success through varied state-driven innovation policies, with specific actions like investing in venture capital and fostering industry clusters being crucial for enhancing competitiveness. Understanding how different nations leverage state power to foster innovation provides valuable Source: Academic Publication (2020).
Where does this state-led innovation research apply?: National industrial policy and innovation strategy It sits within innovation & markets research on designdex.org.