This event bought together policymakers, commissioners, evaluators and leaders in civil society and business, to hear from engaging speakers at the forefront of thinking on public value. With insights from two new reports, Nesta’s Public, Social and Cultural Value: how can they be measured and managed? and IIPP’s Public Value: co-creation, organisation and evaluation.

How can we accurately map and measure the value of bicycle lanes or museums, our mental wellbeing or even fresh air? How can we incorporate collective value creation into government tools and policies? And why is it important that we do so?

This event posed critical questions about public value, drawing from the latest research, Nesta’s work in health care, the creative economy and the what works movement, and IIPP’s work on how to think about public value and public purpose in economics and public administration. This includes designing mission-oriented innovation and industrial policies—and their application to areas like healthcare, digital economies and green transitions.