Above all, innovation policy is an attempt to bring some coordination to often disparate government initiatives in scientific research, education, business incentives, immigration and even intellectual property.
“It’s about setting an agenda and helping build a portfolio of skills that let an economy and a society move forward in smarter, faster ways,” Mr. Kao said.
NYTimes Article: Can Government Till the Fields of Innovation?
The World Bank's New Industrial and Innovation Policy
WSJ Article: Where to Find Innovation