In addition, there is also renewed
interest in demand-side measures.
This interest is evident while using
classic instruments such as public
procurement, as well as while testing
out new approaches to promote
innovation specif ic to overcoming
a key societal challenge in fields
such as clean energy and health.
Demand-side measures also facilitate
the uptake of specif ic innovations
(including via standards or
regulations) and can foster user-led
innovation. Business executives
in charge of innovation surveyed
in Chapter 5 by Engel et al. stress
the importance of forward-thinking
legislation to support future innovation
and the related markets (e.g., for
autonomous cars). They also stress
the need for the international harmonization
of regulations for new
technologies so they can diffuse
more In addition, there is also renewed
interest in demand-side measures.
This interest is evident while using
classic instruments such as public
procurement, as well as while testing
out new approaches to promote
innovation specif ic to overcoming
a key societal challenge in fields
such as clean energy and health.
Demand-side measures also facilitate
the uptake of specif ic innovations
(including via standards or
regulations) and can foster user-led
innovation. Business executives
in charge of innovation surveyed
in Chapter 5 by Engel et al. stress
the importance of forward-thinking
legislation to support future innovation
and the related markets (e.g., for
autonomous cars). They also stress
the need for the international harmonization
of regulations for new
technologies so they can diffuse
more rapidly and be commercially
viable.