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From self-driving cars to smart grids, new technologies are already significantly changing the way we live. Surprisingly, some of the time, it is governments driving this change.

Rainer Kattel, Wolfgang Drechsler and Erkki Karo explore how public bodies pursue innovation and look at how such polices are designed and implemented. Spanning Europe, the USA and Asia, the authors show how different institutions finance new technologies and share cutting-edge information. In order to successfully innovate, state organizations have to behave like start-ups and yet ensure stability at the same time. Exploring the complex, often contradictory, position of the innovating public body, this account offers new solutions as to how it can overcome financial and political resistance to change – for the good of us all.