In the first half of 2020 we have witnessed how fragile and exposed our global systems and structures are to a major global crisis. As we come to terms with the global pandemic and look to the future, we have an opportunity for a global reset — to build a better, greener, and more resilient and inclusive future. Innovation, new technologies, and scientific discoveries are critical components in this reset.
If we want to take advantage of this opportunity, we need to make sure advanced technologies produced through innovation form not only the cornerstones of national economic competitiveness, but also embody the social shift toward digital and entrepreneurial lifestyles. They create a wealth of possibilities, inspiring generations, enhancing growth and providing critical solutions to pressing issues from healthcare to climate change. At the same time, innovation ecosystems, like any ecosystem, needs support to flourish and grow. The regulatory environment, access to resources, true multi-stakeholder involvement, public-private collaboration, and mentorship networks that nourish innovators are all key to a healthy innovation ecosystem.
The World Economic Forum, as the International Organization for Public Private Collaboration, is committed to improving the state of the world by providing the platform for multi-stakeholder engagement and impactful action that shapes global agendas for a sustainable and responsible future. In the midst of the pandemic we launched a COVID-19 action platform, and we created Industry and Regional Action groups to support the agenda for a global reset which can pave the way for a better future.