Our path-breaking research explores ways to understand public value and public purpose.
From climate change to ageing populations, tackling the grand challenges of the 21st century requires actors in the public, private and third sectors to work together in new, dynamic ways to drive innovation.
The public sector's role cannot be limited to simply fixing markets – it must shape and create them. This requires radical new thinking and framework about how to justify, nurture and evaluate public policy driven by public purpose. It also requires a new understanding of the dynamic capabilities and competencies required inside public institutions—a new form of public governance.
Our interdisciplinary research will break new ground in economics, public governance and our understanding of technology and innovation. The aim is to build a systems perspective on the complex relationships between economic, technological and social changes.
New ideas about public value and public purpose will be applied to different research streams with external partners and funders, including:
- Public value and public purpose
- Rethinking health innovation
- Green economy for sustainable growth
- Space partnerships for mutualistic innovation eco-systems
- Mission-oriented innovation policy
- Governance and digital transformation
- The State's role in technological revolutions
- Patient finance, state investment banks and public finance
- Risks and rewards
IIPP's interdisciplinary approach brings together economists, philosophers, political scientists, anthropologists, engineers and natural scientists.
Find out more about our current research projects.
UCL Grand Challenges
Our work will focus on real world impact. We aim to make an ambitious contribution to the UCL Grand Challenges agenda, which brings together expertise from across the university with external partners, to address some of the most pressing problems facing human societies worldwide.