The UCL Institute for Innovation and Public Purpose (IIPP) is changing how public value is imagined, practised and evaluated to tackle societal challenges.
The world is facing pressing challenges — social, technological and economic. What is the future of the welfare state? How can digital platforms be governed in democratic and inclusive ways? What new forms of investment, regulation and collaboration can best tackle global warming?
The answers to these questions require public and private organisations to collaborate in new ways and become more purpose-driven. In this context, governments require different tools and capabilities to co-create and co-shape markets, not just fix market failures.
IIPP’s work is dedicated to this ambition. It brings revived notions of public value and public purpose to the centre of political economy and to concrete policy practice. The organisation’s work equips leaders to co-design growth that is innovation-led, sustainable and inclusive.