'induce innovation' is correct and can be used in written English.
You can use it when you are trying to describe a situation that encourages or stimulates creativity or new thinking. For example, "We need to find ways to induce innovation in our organization if we want to remain competitive in the market."
What circumstances might induce innovation?
Yet I'm not sure there's any reason to assume that such change will be long-run positive.That brings us to the third claim, which is actually the most important: that military demands induce innovation, financial and especially technological.
Various studies have shown that technology-push and demand-pull policies induce innovation.
In principle, increased IPRs create rents for producers, which in turn induce innovation and investment.
Product innovation spawns a new batch of financial organizations, and new products and organizations induce innovation in the financial system.
Economic theory predicts that policies that discourage the consumption of a particular good will induce innovation in a socially desirable substitute.
At the same time, current advances in comparative genomics induce innovations in bioinformatic techniques for automated analysis of large and diverse sequence databases [43].
While previous studies emphasize the importance of regulation for inducing innovation, here we find substantial innovation occurring before regulations were in place.
This paper provides an empirical investigation of the role played by selected characteristics of the policy mix in inducing innovation in energy efficiency technologies.
"Some people consider the progress in the field of light and health over the last couple of years as the most important light induced innovation since the invention of the light bulb," says Kunz. "Fascinating times are ahead of light industry, clinical chronobiologists, and architects, to mention just a few.
The induced conflicts stimulate innovation.
