
Innovation Policies
Innovation policies are strategies and initiatives created by governments or organizations to encourage the development of new ideas, products, and technologies. These policies aim to foster a environment where creativity and scientific progress can thrive, leading to economic growth, improved quality of life, and solutions to social challenges. They may include funding research, supporting startups, protecting intellectual property, or improving education. Essentially, innovation policies set the rules and provide resources to promote innovation, helping societies stay competitive and adaptable in a rapidly changing world.