Established in 1944, the World Bank Group is one of the world’s largest sources of funding and knowledge for development solutions. It has set two goals for the world to achieve by 2030: ending extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3%, and promoting shared prosperity by fostering income growth for the poorest 40% of people in every country. With more than 100 offices in client and partner countries, the World Bank Group consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). IBRD and IDA are commonly known as the World Bank, which is organized into regional vice presidencies, global practices, and cross-cutting solutions areas to help developing regions and countries fight poverty and improve living standards.
THE ROLE OF THE WBG IN TRADE AND COMPETITIVENESS GLOBAL PRACTICE:
Recent decades have seen a massive expansion of global trade and investment, generating new opportunities for private sector job creation and growth, and transforming the development landscape for World Bank Group clients. The joint Trade and Competitiveness Global Practice — combining teams from the World Bank, IFC, and MIGA — provides a comprehensive array of solutions to support the efforts of client governments to integrate into the global economy and develop competitive private sectors. The Global Practice works to increase international trade and investment and boost competitiveness not as an end in itself, but as a means of achieving the World Bank Group goals of ending extreme poverty and increasing shared prosperity. This involves working closely with public and private sectors, a wide range of global partners, and across the World Bank Group.
Trade and Competitiveness (T&C) brings together around 500 professionals in the field of trade, investment, innovation, and private sector development, with extensive policy expertise, sector-specific knowledge, and practical experience in implementation. With half of its staff global specialists, and the other half serving in the regions, T&C has a wide footprint across the globe. Offering an integrated package of solutions—including policy advice, technical assistance, financing, and capacity building—the practice brings global knowledge to designing and implementing of projects tailored to the specific needs of client countries, whether fast-growing emerging economies, middle income countries, or fragile or conflict-affected states.
INNOVATION AND ENTREPRENEURSHIP
Under innovation and entrepreneurship (I&E), T&C helps strengthening innovation and technology policies, and promoting entrepreneurship and SME development. The goal is to strengthen innovation and entrepreneurship in the private sector for sustainable growth, jobs and inclusion in our client countries. In order to do so, its mission is to assist stakeholders build innovation and entrepreneurship ecosystems at the economy, industry and firm level, foster internal and external collaboration, and deliver a robust program of knowledge and learning. Specifically, I&E’s strategic areas are:
• Innovation and Productivity – Enhancing firm capabilities and the innovation ecosystem to improve productivity and economic growth
• Entrepreneurship and SME growth – Developing entrepreneurial capabilities to enhance the entrepreneurial ecosystem and facilitate firm growth
In addition, T&C offering in the area of innovation and entrepreneurship is enriched through joint work with other GPs, CCSAs, IFC, and MIGA.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her
Regular or Open-Ended appointment. All others will be offered a 2 years term appointment.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 2 year term appointment.
• Develop partnership activities to build out I&E’s analytical, piloting and capacity building programs, including through establishment of externally funded programs and or trust funds with leading innovation, entrepreneurship, and SME policy partners.
• Support thought leadership on the relevance of global and bilateral innovation and entrepreneurship partnerships for the future trade and competitiveness agenda in emerging economies.
• Support development of I&E’s core partnership offering into a services menu for thematic areas within T&C, cross cutting areas with other GPs, with a particular emphasis on supporting the business development activities of regional units.
• Support implementation of the I&E Outlook by identifying and developing knowledge, research and operational partnerships with other GPs, including but not limited to Ag, Water, Health GPs and relevant IFC units.
• Lead tasks under the InfoDev program on supporting business incubators and accelerators in agribusiness, clean technology, and digital entrepreneurship
• Assist in strategic planning and business development discussions, and provide implementation support for any I&E related analytical and operational products in line with Bank standards to the regional units, T&C, & other GPs.
• Support alignment of the Innovation Policy Platform with I&E’s core operational offering and providing input on future content development.
• Participate in existing global engagements and identify new regional and global engagements in I&E based on global technological, economic, thought trends and identifying leading global partnerships.
• Play an active role as member of a global T&C I&E team and ensure optimal client response, knowledge generation and dissemination of best practice on I&E policies across countries and regions.
• Master’s degree, preferably in entrepreneurship and innovation policy, public policy, economics, and with at least 8 years of related work experience in a closely related field.
• Extensive expertise in building partnership for R&D, innovation and SME research, policy and programming.
• Ability to lead partnership discussions and participate in donor facing and multi-GP policy discussions at the global or regional level.
• Demonstrated ability to integrate innovation and entrepreneurship policies within broader multi-sectoral approaches to formulate collaborative operational approaches
• In-depth knowledge of innovation and entrepreneurship policy highly desirable (R&D, innovation, technology and entrepreneurship policy, and or SME productivity and growth dynamics).
• Ability to understand complex policy problems and develop innovative approaches.
• Demonstrated experience with the design and implementation of policies and programs to promote innovation and entrepreneurship, in particular mechanisms for innovation and entrepreneurship mentoring, acceleration, funding, technology transfer and research commercialization, research sector reform, metrology and quality infrastructure, technology extension and SME support and their internationalization.
• Capacity to contribute to new innovative programs in the I&E Unit.
• Fluency in English is essential, and capacity in other widely-used languages (e.g. Spanish, French, Portuguese, Russian, Chinese or Arabic) is desired
• A strong work ethic, passion for I&E issues, and commitment to the WBG goals and clients needs is essential.