Driving change through cooperation: Financial Instruments and opportunity to capacity building through cooperation in developing regions. Structural change in developing economies and structural renewal in more advanced regions require a combined effort underpinned by financial instruments (FI). In the specific case of developing regions, it is common to find an underdeveloped financial market with limited access and price.
Financial instruments are essential for funding the envisaged transformations and hence a myriad of policies have been structured around FI’s. However, it is time to evaluate,
understand the gaps and the overlaps and analyse what is necessary to boost the effectiveness of innovation policy delivered through FI. The goal of Innova FI is to create a cooperative learning platform that aims to contribute to the conceptual architecture of FI, building on the diverse experiences of each partner and improving the design of FI’s targeting innovation.
