World experience in stimulation of demand for innovation

Abstract

Currently, the creation and dissemination of new technologies are implemented with substantial government support. The paper analyzes the experience of public policy to stimulate demand for innovation by the example of emerging technology. The experience of the United States, the European Union and China is demonstrated. Firstly the formation of long-term priorities of technological development is demonstrated, then the priorities and innovation policy instruments used at different stages of the innovation cycle are considered. At the end the experience of the implementation of major government initiatives of the EU and the U.S. in stimulating demand for new technologies is presented.