Innovation, Competitiveness and Trade

Market Disruption > Legal and Regulatory Policies

Countries use industrial policies to stimulate innovation, improve competitiveness and regulate international trade

Illustrative Disruptions

  • Innovation Initiatives – Efforts to stimulate innovation, including investment funds for solutions providing positive societal, economic and environmental impact, encouraging public-private consortiums and partnerships, and digitizing public infrastructure and systems
  • Competitiveness – Industrial policies designed to encourage competitiveness and prevent uncompetitive behavior (such as antitrust laws), as well as either encourage or restrict new businesses (such as regulations pertaining to autonomous driving or shared home rentals)
  • International Trade – Policies focused on encouraging or restricting international trade, including participation in the World Trade Organization (WTO), tariffs, free trade zones, and public company "shaming"