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The playbook for innovation envisions a role for the private sector, the academic community, and public institutions. Current models of balanced economic development and the norms that create and sustain the innovation ecosystem are fast getting disrupted and transformed by new technological forces. This disruption transcends into the socioeconomic and political realm and is impacting the existing state-society relationship and the social capital that is generated through it. In this episode, Klaus Tilmes (World Bank) and Paul Weisenfeld (RTI International) consider the vital role played by social capital in consolidating the political economy and explore how the ongoing technological revolution creates new opportunities to change the current social contract in order to preserve and strengthen our institutions.
This is the third in a series of five episodes on Rebooting the Innovation Agenda and has been produced thanks to the generous support from RTI International. |