The productivity lag from AI reveals competing logics: automation that replaces labour to cut costs versus augmentation that expands capability to create value. For innovation ecosystems, this choice is existential. Strict safety regulations risk creating moats favouring large incumbents, while unrestricted deployment threatens research quality. The narrow path requires public interest AI infrastructure, risk-weighted governance, and incentives rewarding high-impact discovery

Crises aren’t just moments of danger—they’re windows of opportunity for transformative change. This Innovation Insight explores why mission-oriented innovation policy (MOIP) has become a global force for tackling society’s biggest challenges. The secret behind MOIP is a compelling narrative that empowers governments to move beyond simply “fixing” markets and instead actively shape them, fostering innovation that addresses real-world needs, to reframe policy, for the public