The Local Innovation Unit: Achieving National Goals Through Local Experimentation
The Biden-Harris Administration should create the Local Innovation Unit (LIU) to catalyze and coordinate decentralized, city and county-based experiments focused on the most urgent and complex challenges facing the United States. Traditional “top-down” methods of policy design and problem solving are no longer effective in addressing our nation’s most pressing issues, such as pandemics, climate change, and decreasing economic mobility. The nature of these problems, coupled with an absence of tested solutions or “best practices” and ongoing partisan gridlock, demands a more agile and experimental “bottom-up” approach. Such an approach focuses on empowering coalitions of social innovators at the local level—including local governments, private-sector businesses, community-based organizations, philanthropists, and universities—to design and test solutions that work for their communities. Promising solutions can then be scaled horizontally (e.g., to other cities and counties) and vertically (e.g., to inform federal policy and action).
The LIU will be a place-based policy initiative consisting of two primary components: (1) multi-city and county experimentation cohorts organized around common problems, via which local coalitions design and test solutions within their communities, and (2) a digital platform, housed in the Department of Housing and Urban Development (HUD), that will help LIU participants connect, exchange materials and resources, help participants collect and visualize data, evaluate solutions, and publish lessons learned.
Interagency Community Investment Committee agencies should partner with the Small Business Administration to use their existing authority and infrastructure to pilot a secondary market for their securitized debt instruments.
There are exciting things ahead for communities that participated in the NSF Engines grant program, even for those that missed out on securing funding.
At the beginning of April, the Congressional Research Service (CRS) released a landmark report outlining the scope of federal investments in regional ecosystems, something we have written about at FAS in the past. This CRS report, ‘Regional Innovation: Federal Programs and Issues for Consideration,’ does an excellent job covering the scope and scale of our massive federal investment […]
Economic innovation requires more sophisticated, focused, and better supported local economic planning. Here’s how to achieve it.