The IIPP research mission: "Changing how public value is imagined, practiced and evaluated to tackle societal challenges to achieve sustainable, inclusive and innovation-led growth."
Through our research, the Institute for Innovation and Public Purpose (IIPP) aims to help create new economic thinking and practical tools for the public sector in order to co-create and co-shape markets through public purpose-led missions. With this mission at its core, IIPP's research tackles the complex relationships between economic, technological and social changes, covering four pillars of inquiry:
We use these pillars to tackle challenges in areas such as health innovation, green economy, space economy, digital transformation, data and artificial intelligence.
Cutting across these pillars are the key IIPP themes of:
Co-shaping and co-creating
Markets can be shaped by purposeful policy making and by new collaborations between the state, business and civil society.
Missions and public purpose
Mission-oriented policy focuses on problem-specific societal challenges, which many different sectors interact to solve.
Capabilities and governance
We need to build capacity within the public sector to adapt to new ways of working to direct innovation.
New economic thinking
It has become clear that standard economic thinking is not fit to tackle the societal challenges facing the world. New theoretical and empirical approaches are needed to support better policy-making.