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Creating change through pilot and demonstration projects: Towards a valuation policy approach

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  • Huguenin, Ariane
  • Jeannerat, Hugues

Abstract

Beyond R&D and competitiveness theories of innovation, various conceptual broadenings have recently been proposed to tackle the complex, multidimensional and multi-level dynamics of innovation at stake in the transformation of the economy and society towards new sustainable development regimes. This paper proposes a reading of these conceptual broadenings as a matter of ‘valuation’. In line with pragmatic theories of socio-economic value and market construction, it is argued that value creation is not the result or byproduct of innovation. In contrast to traditional regulation and R&D policies, which confine themselves to framing innovation, valuation policies are endogenous triggers of the transformation of a value regime. Value creation is about inquiring into new values in society, translating them into social and technological solutions and making them valuable in markets. In this perspective, pilot and demonstration (P&D) projects in current transition policies can be interpreted as fundamental inceptions of new values that are not predetermined by innovation but actuated through complex processes of value co-creation in society and markets, and which engage policies as agents of change. By focusing on the purpose behind the sustainability transition rather than the factors that contribute to it, a valuation policy approach offers new insights for future research and policy.

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  • Huguenin, Ariane & Jeannerat, Hugues, 2017. "Creating change through pilot and demonstration projects: Towards a valuation policy approach," Research Policy, Elsevier, vol. 46(3), pages 624-635.
    • Handle: RePEc:eee:respol:v:46:y:2017:i:3:p:624-635
    DOI: 10.1016/j.respol.2017.01.008
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    4. Marco Bellandi & Daniela Campus & Alessandro Carraro & Erica Santini, 2020. "Accumulation of cultural capital at the intersection of socio-demographic features and productive specializations," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(1), pages 1-34, March.
    5. Devon McAslan & Farah Najar Arevalo & David A. King & Thaddeus R. Miller, 2021. "Pilot project purgatory? Assessing automated vehicle pilot projects in U.S. cities," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-16, December.
    6. Gschwendtner, Christine & Sinsel, Simon R. & Stephan, Annegret, 2021. "Vehicle-to-X (V2X) implementation: An overview of predominate trial configurations and technical, social and regulatory challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
    7. van Winden, Willem & Carvalho, Luís, 2019. "Intermediation in public procurement of innovation: How Amsterdam’s startup-in-residence programme connects startups to urban challenges," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    8. Delphine Guex, Olivier Crevoisier, 2017. "Post-industrial globalization and local milieus: A typology," Diskussionsschriften credresearchpaper15, Universitaet Bern, Departement Volkswirtschaft - CRED.
    9. Henk Diepenmaat & René Kemp & Myrthe Velter, 2020. "Why Sustainable Development Requires Societal Innovation and Cannot Be Achieved without This," Sustainability, MDPI, vol. 12(3), pages 1-26, February.
    10. Kieron Flanagan & Elvira Uyarra & Iris Wanzenböck, 2021. "Towards a problem-oriented regional industrial policy: possibilities for public intervention in framing, valuation and market creation," Working Papers 52, Birkbeck Centre for Innovation Management Research, revised Apr 2021.

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    More about this item

    Keywords

    Competitiveness; Science-based innovation; Policies; Transition; Inquiry; Valuation;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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