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INNOVATION, TECHNOLOGY,
AND FUTURES AND FORESIGHT
Project name:
TA 9619-REG: Demonstrating Future Thinking and Foresight in Developing Member Countries
TA 0039-REG: Support for Innovation and Technology Partnerships in Asia and the Pacific
Year:
2019
Funding:
TA 9619 - $0.25 million TA 9815 - $4.9 million
Modality:
TA
Department:
SDCC
Sector:
Cross cutting multisectors
Team:
Susann Roth
Vivek Raman
Mary Jane Carangal-San Jose Maribeth Cesicar-Sanvictores Josephine Aquino
Daniel Luis Beran
Jesper Pedersen
Read an article from Journal of Future Studies on ADB’s work
Read ADB blog “Tomorrowland: Applying futures studies and foresight in policy dialogue”
CHALLENGE:
Provide new approaches or new ways to respond to the needs of DMCs
SOLUTION
Innovation Workstreams
Co-lead the ADB innovation framework and serve as secretariat
Innovation Framework
Understanding DMC’s innovation ecosystems
Collaborate with Economic Research Department on Asian Development Outlook 2020 thematic chapter on innovation
Test innovation tools and train staff at retreats, learning events and ADB leadership programs
Innovation tools
innovation
Futures and Foresight in DMCs
Pilot futures and foresight applications in countries to identify transformative investments
Collaborate with procurement department on launching ADB’s first Innovation Challenge
Processes
Technology Innovation Challenge
Explore how to support DMCs to run public sector innovation challenges and engage with private sector
Futures and Foresight
in DMCs
Armenia Mongolia Timor-Leste
Opportunities
Identify new areas for sovereign lending
ADB relevance
Position ADB as partner for long-term planning and trends
Innovation
Fostering inclusive and sustainable innovation
Planning with foresignt
2010
continuation
continuation
Without reset foresight
2030 2040
Learning from futures Solution-focused
reset
Learning from the past Problem-focused
Example:
Three energy challenges launched at the Asia Clean Energy Forum
Downstream opportunities:
Grant recipients are eligible for procurement of the High-Level Technology implementation funded by ADB sovereign and private sector loans
Technology Innovation Challenge
Move from ad hoc to programmatic approach
NEXT STEPS
Set up an innovation hub. Build in-house capacity and not rely on consultants
Mainstream foresight and futures thinking in ADB’s strategic work (CPS), sector and thematic plans
2020