Through our research we aim to create new economic thinking and practical tools for understanding both the rate and direction of economic growth. A key concern is how to understand the role of policy beyond simply fixing market failures, towards a more ambitious one of actively co-creating and shaping markets to achieve inclusive and sustainable growth. To do so, we tackle the relationships between economic, technological and social changes, across four cross-cutting themes:
- Rethinking Value
Challenging existing theories of value to create a new framework to understand how value can be created and shared.
- Shaping Innovation
Steering scientific and technological advances to tackle societal challenges.
- Transforming Institutions
Creating public purpose-driven institutions.
- Directing Finance
Developing patient, strategic finance mechanisms for sustainable, investment-led growth.
We apply these four themes to tackle path-breaking issues in the following areas: