About UsThe UCL Institute for Innovation and Public Purpose (IIPP) is changing how public value is imagined, practised and evaluated to tackle societal challenges.Institute for Innovation and Public PurposeIIPP_fb0e1d2e-a924-11ef-b617-b48af882ea00University College LondonDr Michael SpenceUCL President & ProvostSocietal challenges are tackled_fb0e1efa-a924-11ef-b617-b48af882ea00To change how public value is imagined, practised and evaluated_fb0e2094-a924-11ef-b617-b48af882ea00WelfareThe world is facing pressing challenges -- social, technological and economic. What is the future of the welfare state?GovernanceHow can digital platforms be governed in democratic and inclusive ways?DemocracyInclusivenessInvestmentWhat new forms of investment, regulation and collaboration can best tackle global warming?RegulationCollaborationThe answers to these questions require public and private organisations to collaborate in new ways and become more purpose-driven.PurposeToolsIn this context, governments require different tools and capabilities to co-create and co-shape markets, not just fix market failuresAmbitionIIPP's work is dedicated to this ambition.Public ValueWe bring revived notions of public value and public purpose to the centre of political economy and to concrete policy practice.GrowthOur work equips leaders to co-design growth that is innovation-led, sustainable and inclusive.LeadershipResearchTackle the complex relationships between economic, technological and social changes_fb0e20d0-a924-11ef-b617-b48af882ea001NEW RESEARCH FOR A NEW MOVEMENT ~ Our interdisciplinary research tackles the complex relationships between economic, technological and social changes across four cross-cutting pillars of inquiry.ValueCreate a new framework to understand how value can be created and shared_fb0e2184-a924-11ef-b617-b48af882ea001.1Rethinking Value ~ Challenging existing theories of value to create a new framework to understand how value can be created and shared.InnovationConsider how to steer scientific and technological advances_fb0e21c0-a924-11ef-b617-b48af882ea001.2Shaping Innovation ~ Considers how to steer scientific and technological advances to tackle societal challenges.InstitutionsExamine how to create public purpose-driven institutions_fb0e21fc-a924-11ef-b617-b48af882ea001.3Public InstitutionsTransforming Institutions ~ Examines how we can create public purpose-driven institutions.FinanceDevelop finance mechanisms for sustainable, investment-led growth_fb0e2238-a924-11ef-b617-b48af882ea001.4Directing Finance ~ Looks at developing patient, strategic finance mechanisms for sustainable, investment-led growth.TrainingConnect theories of innovation with new thinking about public value creation_fb0e2274-a924-11ef-b617-b48af882ea002TRAINING THE NEXT GENERATION OF LEADERS ~ Our teaching programmes connect theories of innovation with new thinking about public value creation.LeadershipTeach competencies, capabilities and leadership skills needed for purpose-driven organisations in public, private and civil sectors_fb0e22b0-a924-11ef-b617-b48af882ea002.1LeadersPublic SectorPrivate SectorCivil SectorInnovation, Public Policy and Public Value Master of Public Administration (MPA) ~ The Innovation, Public Policy and Public Value MPA teaches the competencies, capabilities and leadership skills needed for purpose-driven organisations in public, private and civil sectors to confront the grand challenges of the 21st century.ScholarsDevelop the next generation of world-leading interdisciplinary scholars in economic and public policy, political economy, the economics of innovation and innovation policy and its governance_fb0e22f6-a924-11ef-b617-b48af882ea002.2ScholarsPhD Programme ~ Our PhD programme aims to develop the next generation of world-leading interdisciplinary scholars in economic and public policy, political economy, the economics of innovation and innovation policy and its governance.LearningBuild tailored applied learning programmes_fb0e2364-a924-11ef-b617-b48af882ea002.3Applied Learning ~ We work with a number of organisations to build tailored applied learning programmes created to impart the cutting edge of our research and thinking to practitioners across the world.CapitalismRethink capitalism_fb0e23a0-a924-11ef-b617-b48af882ea002.4Rethinking Capitalism ~ IIPP is making available up to 15 places for policymakers on its groundbreaking Rethinking Capitalism module, running 8 January – 24 March 2025.PolicyHelp global policymakers discover better solutions to complex problems_fb0e23e6-a924-11ef-b617-b48af882ea003Global PolicymakersGLOBAL POLICY IMPACT ~ We help global policymakers discover better solutions to complex problems in areas like industrial strategy, innovation policy, economic development, and institutional design... ^^ IIPP provides thought-leadership to help global policymakers discover better solutions to complex problems in areas like industrial strategy, innovation policy, economic development and institutional design through a missions approach.AlliancesCreate a stronger link between new economic thinking and new practice by elevating new voices that have been historically and structurally marginalized_fb0e242c-a924-11ef-b617-b48af882ea003.1Strategic Economics Alliance (SEA)The Strategic Economics Alliance (SEA) is a global alliance aiming to create a stronger link between new economic thinking and new practice by elevating new voices that have been historically and structurally marginalized.Women EconomistsThe initiative sets out to establish a more direct link between women economists who are advancing new economic thinking and change-oriented practitioners, such as heads of state, ministers, and mayors.Change-Oriented PractitionersHeads of StateMinistersMayorsAcademicsA critical component of SEA is to ensure that the lessons from these advisory experiences feed back into academic reflection, bringing academics and policymakers together to co-lead the vision and implementation of SEA. This includes collectively identifying opportunities, sharing innovations and learning, developing, and implementing new policies and programs, and analysing their implementation and impact.PolicymakersMarketsBring together global public sector organisations to share the challenges and opportunities they face when stepping outside the market fixing box into a market-shaping role_fb0e247c-a924-11ef-b617-b48af882ea003.2Mission-Oriented Innovation Network (MOIN)What is MOIN? ^^ The Mission-Oriented Innovation Network (MOIN) is IIPP's policy network and peer-learning platform which brings together global public sector organisations to share the challenges and opportunities they face when stepping outside the market fixing box into a market-shaping role to respond to bold, difficult and complex 'grand challenges' such as climate change, ageing societies and preventative health care.Global Public Sector OrganisationsGovernmentsMOIN promotes the role of governments as creators of value and aims to catalyse the potential of governments to tackle such grand challenges through directed (or mission-oriented approaches) to economic and growth policies.The network is developed under a new theoretical and practical framework, ROAR (Mazzucato, 2016), that enables public sector organisations to envision, justify and assess public investments; alongside providing a framework for mission-oriented organisations. ^^ MOIN members are pioneering new ways of working as public sector organisations and the network is a shared, peer-to-peer platform of interaction and learning to this end.Challenges & SolutionsDesign and test creative and practical scalable solutions to address pressing societal challenges_fb0e24cc-a924-11ef-b617-b48af882ea003.3IIPP Policy StudioA collaborative space where academics, policy practitioners and public bodies co-design and test creative and practical scalable solutions to address pressing societal challenges.AcademicsPolicy PractitionersPublic BodiesPolicymakersWe focus on impact, and have worked closely with policymakers to put cutting-edge theory into practice -- including the development of the Scottish National Investment Bank, the UK's Mission-Oriented Industrial Strategy, and Camden's missions for a fairer and more inclusive Borough.public, private and third sectorsHowever, given the cascading crises we face -- from inflation to the climate emergency and persistent inequalities in health and opportunity -- there is an urgent need to accelerate change on the ground in the public, private and third sectors.PhilanthropistsUltimately, by bringing together diverse voices from across society, including policymakers, academics, philanthropists and community members, the Policy Studio is advancing the cause for radical new economic thinking globally, needed to solve today's grand challenges.Community MembersOver the last five years, IIPP has been at the forefront of advancing theories of New Economic Thinking. Our work is centred on: ^^ * Rethinking public value ^ * Shaping innovation ^ * Transforming institutions ^ * Redirecting finance ^^ The IIPP Policy Studio provides a structured link between theory and practice, working in deeper collaboration with our partners on the frontline to co-design and test the tools, frameworks and policy needed to respond to the challenges they face. ^^ What we do ^^ IIPP Policy Studio brings together bespoke multidisciplinary teams to design policies and tools, combining different methodologies, lenses, and approaches. We work in partnership with governments and institutions from across the world to co-design and test new policy frameworks and on-the-ground solutions. ^^ We use a practice-based theorising model, where academic theories connected to our research are tested in real-world contexts and then fed back into theory. This unique approach allows us to prototype and test new policies, tools and frameworks on the ground, while advancing theories of public value that challenge mainstream economic models and policy-making practices.Events & EngagementHost public lectures and panel discussions_fb0e25e4-a924-11ef-b617-b48af882ea004ArtistsEconomistsArchitectsDesignersENGAGING THE PUBLIC ~ To create a shift in economic thinking, we must test our ideas through civic engagement by working closely with the worlds of arts, economics, architecture and design. ^^ IIPP hosts regular public lectures and panel discussions featuring experts from around the world.Themes & ResearchExplore critical themes and cutting-edge research_fb0e263e-a924-11ef-b617-b48af882ea004.12024/25 Enrichment Lectures ~ The UCL Institute for Innovation and Public Purpose (IIPP) hosts a dynamic series of Enrichment Lectures every Wednesday. These sessions bring together leading experts from around the world to explore critical themes and cutting-edge research, offering in-depth insights into topics at the heart of our MPA modules.ChallengesAddress social, technological, environmental, and economic challenges_fb0e26a2-a924-11ef-b617-b48af882ea004.2IIPP Conversations 2024-25 ~ IIPP Conversations provides a vibrant research space focused on addressing the social, technological, environmental, and economic challenges we currently face -- with awareness of and attention to society’s many conflicts and inequalities.Market ShapingExplore 'market shaping' policy approaches_fb0e2710-a924-11ef-b617-b48af882ea004.3IIPP Forum 2024 ~ The IIPP Forum 2024 is going to rethink the existing policy paradigms and to explore what these transformative 'market shaping' policy approaches look like in practice.Economy, Government & PolicymakingRethink the economy, government and policymaking_fb0e2774-a924-11ef-b617-b48af882ea004.4ResearchersExpertsIIPP Conversations 2023-24 ~ IIPP hosts a conversation series rethinking the economy, government and policymaking, bringing together experts from across the globe to present their latest research.Labour & Climate ChangeExplore the role of the labour movement in tackling climate change_fb0e27d8-a924-11ef-b617-b48af882ea004.5Professor Damon SilversIIPP Labour and Climate Change Lecture Series 2024 ~ Join the UCL Institute for Innovation and Public Purpose and Professor Damon Silvers for a Labour and Climate Change lecture series exploring the critical role of the labour movement in tackling climate change.Financial CrisisExplore the consequences of the 2008 financial crisis and global policy responses_fb0e2850-a924-11ef-b617-b48af882ea004.6Professor Damon SilversThe 2008 Financial Crash and the Crisis in Neoliberal Economics ~ Join the UCL Institute for Innovation and Public Purpose and Professor Damon Silvers to explore the continued economic and political consequences of the 2008 financial crisis and global policy responses.The StateRethink the state in the 21st century_fb0e28be-a924-11ef-b617-b48af882ea004.7Global LeadersPolicymakersPractitionersIIPP 2023 Festival: The Entrepreneurial State 2.0. - Rethinking the State in the 21st century ~ The Entrepreneurial State 2.0 Festival offers a public platform for global leaders, policymakers, and practitioners to rethink the state in the 21st century.BureaucracyConsider the research of experts with respect to creative bureaucracy_fb0e2922-a924-11ef-b617-b48af882ea004.8Creative Bureaucracy brown bag 2024-25 ~ The Creative Bureaucracy brown bag lectures focus on the research of experts from IIPP and beyond.BrexitExplore the history and economic aftermath of Brexit_fb0e29a4-a924-11ef-b617-b48af882ea004.9The Pre and Post-History of Brexit: Race, Class and Finance in the Making of British Economic Strategy Lecture Series 2023 ~ This series explores the deep history of Brexit and the economic aftermath of Brexit in the context of Britain's growth crisis.NeoliberalismExamine neoliberalism as a political economy regime_fb0e2a12-a924-11ef-b617-b48af882ea004.10Neoliberalism as a Global System: Private Power and Public Weakness Lecture Series 2023 ~ This series critically examines the increasingly popular concept of neoliberalism as a political economy regime that has been dominant in the global economy since 1980.GreeningUnpack the challenges of the Green Transition(s)_fb0e2a80-a924-11ef-b617-b48af882ea004.11Global SouthIIPP Governing the Green Transition(s) Discussion Series 2022-2023 ~ This series unpacks the challenges of the Green Transition(s), focusing on global governance, financing, green industrial policies, innovation and structural change, and the Global South.Economy, Government & PolicymakingRethink the economy, government and policymaking_fb0e2b02-a924-11ef-b617-b48af882ea004.12ResearchersExpertsIIPP Research Seminar Series 2022-23 ~ From 19 October 2022, IIPP hosts a seminar series rethinking the economy, government and policymaking, bringing together experts from across the globe to present their latest research.Cultural JusticeExplore cultural justice themes, focusing on the intersection of power and inequalities_fb0e2b7a-a924-11ef-b617-b48af882ea004.13Cultural Justice Lecture Series 2022 ~ This series will explore a range of cultural justice themes, focusing on the intersection of power and inequalities.SDGsExplores the UN Sustainable Development Goals_fb0e2bf2-a924-11ef-b617-b48af882ea004.14United NationsWalking the talk: Getting serious about the UN Sustainable Development Goals ~ This thought-proving series explores the UN Sustainable Development Goals through IIPP's distinctive lens.Public Purpose & COVIDConsider public purpose in the time of COVID-19_fb0e2cc4-a924-11ef-b617-b48af882ea004.15A Global Engagement Series 2020 ~ Public purpose in the time of COVID-19.ResearchConsider the research of experts from IIPP and beyond_fb0e2d46-a924-11ef-b617-b48af882ea004.16Research Seminar Series 2021-22 ~ A series of talks focussing on the research of experts from IIPP and beyond.Climate Change & LabourExplore climate change as a public policy challenge and the centrality of labour policy_fb0e2dbe-a924-11ef-b617-b48af882ea004.17Climate Change, Labour and Innovation Lecture Series 2022 ~ This series will explore the nature of climate change as a public policy challenge and the centrality of labour policy to successfully addressing that challenge.ExpertsBringing together experts from across the globe_fb0e2e68-a924-11ef-b617-b48af882ea004.18ExpertsIIPP Enrichment Lectures 2022-23 ~ The UCL Institute for Innovation and Public Purpose (IIPP) hosts a series of enrichment lectures bringing together experts from across the globe.Ownership & ValueExplores the ideas of ownership, value extraction and value distribution_fb0e2efe-a924-11ef-b617-b48af882ea004.19Who Owns What and Why? 2021 ~ This thought-provoking series explores ideas of ownership, value extraction and value distribution.ResearchConsider the research of experts from IIPP and beyond_fb0e2f76-a924-11ef-b617-b48af882ea004.20Research Seminar Series 2020-21 ~ A series of talks focussing on the research of experts from IIPP and beyond.Value, Purpose & CapitalismRethink public value and public purpose in 21st century capitalism_fb0e3048-a924-11ef-b617-b48af882ea004.21British LibraryBritish Library Lecture Series 2018 ~ Rethinking Public Value and Public Purpose in 21st Century CapitalismInnovation & WelfareInnovation and the welfare state_fb0e30d4-a924-11ef-b617-b48af882ea004.22British LibraryBritish Library Lecture Series 2019 ~ Innovation and the Welfare State2024-11-22https://www.ucl.ac.uk/bartlett/public-purpose/about-0OwenAmburOwen.Ambur@verizon.net