Course overview
Few governments still believe innovation happens on its own. Firms underinvest in research because they cannot capture all its returns, capital markets shy away from long-horizon science, and breakthrough technologies stall in the gap between a promising prototype and a working market. This is where public policy earns its place: setting the rules, carrying early risk, and coordinating actors who would not otherwise work together. Getting that role wrong is expensive. Subsidies leak, grants reward the well-connected, and regulation written for yesterday's industries quietly blocks tomorrow's.
This course gives policymakers a working command of the instruments a state actually has, from R&D tax incentives and challenge-led grants to cluster policy, public procurement, and regulatory sandboxes. You will learn to read a national innovation system, diagnose where it leaks value, choose the policy tool that fits the failure you are trying to correct, and judge honestly whether an intervention is paying its way.
Why this matters
The idea that innovation is a system, not a pipeline, is now mainstream in policy circles, and it has a lineage. Christopher Freeman and Bengt-Ake Lundvall framed the national innovation system as the web of firms, universities, financiers, and public bodies whose interaction determines how fast useful knowledge circulates. Henry Etzkowitz's Triple Helix sharpened the point, arguing that university, industry, and government increasingly take on each other's functions. Mariana Mazzucato pushed further still, showing that the state has historically been an active risk-taker and market-shaper, funding the science behind technologies later branded as purely private triumphs. These are not academic footnotes; they are the mental models that decide whether a ministry writes a horizontal tax credit or a mission-oriented grant.
The stakes have risen because the toolkit itself is changing. Governments now run regulatory sandboxes for fintech and mobility, use public procurement to pull new solutions into being, and lean on data to target support more precisely, a shift explored in our work on AI in government decision-making and policy analysis. A policymaker who cannot tell a well-designed incentive from a fashionable one will spend public money slowly and defend it badly.
What you will be able to do afterwards
Following this course, you will be positioned to:
- Map a national innovation system and its coordination failures.
- Select the funding instrument for a specific innovation gap.
- Design a public-private partnership with clear risk allocation.
- Weigh a regulatory sandbox against its supervisory costs.
- Evaluate innovation impact using counterfactual reasoning.
Course outline
Unit 1: Government and innovation ecosystems
- Freeman and Lundvall on national innovation systems.
- Etzkowitz's Triple Helix and blurred institutional roles.
- Market failures that justify state intervention.
- Mazzucato's entrepreneurial state as risk-taker.
Unit 2: Policy tools for innovation
- Supply-side R&D tax credits and innovation vouchers.
- Demand-side procurement of innovation.
- Porter's clusters versus smart-specialization strategy.
- Horizontal versus targeted mission-oriented programs.
Unit 3: Building public-private partnerships
- Public-private partnership risk allocation.
- Governance and exit terms for public money.
- University-industry technology transfer and licensing.
- Partnership failure modes: capture and optimism bias.
Unit 4: Global perspectives on innovation policy
- EU Horizon missions and the US DARPA model.
- Israel's Yozma fund versus Singapore's state-led approach.
- Institutional context and imported-policy success.
- The Global Innovation Index and its limits.
Unit 5: Regulatory frameworks and innovation risks
- UK Financial Conduct Authority regulatory sandbox model.
- Adaptive regulation for fast-moving technologies.
- Consumer protection versus the cost of delayed entry.
- The Collingridge dilemma in technology regulation.
Unit 6: Funding mechanisms for entrepreneurs
- Public venture capital and government-backed funds-of-funds.
- Grants, guarantees, and equity by venture risk.
- Public co-investment alongside business angels.
- Avoiding subsidies for already-viable firms.
Unit 7: The future of government and innovation
- Mission-oriented policy for net-zero and health resilience.
- Data-driven policymaking and policy trials.
- Dual-use and frontier technology risks.
- Building state capacity to implement policy.
How the course is delivered
Teaching is built on documented innovation-policy cases that the group examines together. Participants compare how different countries have used incentives, cluster policy, and regulatory sandboxes, and work through where public support helped and where it fell short. The facilitator introduces the main policy scholarship as reference material, keeping the discussion grounded in what governments actually did.
Who should attend
The course is written for policymakers, public-sector strategists, and professionals inside innovation agencies who shape or deliver support for research and enterprise. It will also serve officials in economic-development bodies, regional cluster organizations, ministries of finance and industry, development banks, and university technology-transfer offices, along with advisers and consultants who work at the boundary between government and the private sector.
About EuroQuest International Training
Trading since 2015 and headquartered in the Slovak capital of Bratislava, EuroQuest International Training offers a catalog beyond 1,000 courses and has instructed upward of 15,000 professionals. Its sessions are held across Dubai, Geneva, Paris, Vienna, Istanbul, London, and Barcelona, giving policymakers and public-sector strategists a shared place to study innovation.
Frequently asked questions
Will I get a certificate, and is it an official government qualification?
Those finishing the course are given a Certificate of Completion by EuroQuest International Training for the innovation-policy topics covered. It is not a government qualification; the course is educational and carries no license or external certification, and it is unconnected to any examining body.
Is a scientific or engineering background expected?
None is expected. The course is aimed at policy and strategy professionals, and ideas such as R&D tax design, procurement of innovation, and regulatory sandboxes are explained from the ground up.
Does the course cover how to evaluate whether an innovation policy actually works?
Yes. A recurring thread is honest evaluation: distinguishing genuine additional activity from spending that would have happened anyway, thinking in counterfactuals, and reading the evidence base behind claims of policy success. You will practice this reasoning on real interventions rather than on tidy hypotheticals.
Related courses
These related courses broaden the policy, partnership, and innovation themes of this one:
- Ai And Data Analytics For Public Sector Services - how public bodies turn data into better decisions and services.
- Cross Border Business Expansion And Innovation Strategies - taking innovation across markets and jurisdictions.
- Strategic Partnerships and Alliances - designing and governing partnerships that endure.
- Innovation Strategies For Business Growth - the firm-side view of the innovation the state tries to enable.
Register for this course
Designing effective public support for innovation is demanding, evidence-led work. Confirm a coming session and city with the EuroQuest team, and bring the policy questions your institution is working through.
All Course Dates & Locations
30 dates · 16 cities · Oct 2026 – Jul 2027