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Directorate for Public Governance and Territorial Development |
Long abstract
OECD Work on Regional Innovation
The adaptation of production to new knowledge and ideas is a crucial factor for maintaining and improving competitiveness and generating wealth. At the OECD ministerial meeting in May 2007, ministers underlined that innovation performance is a crucial determinant of competitiveness, productivity and national progress, and that it is an important key to addressing global challenges such as climate change and sustainable development. Emphasising the crosscutting nature of innovation, they endorsed a mandate for the OECD to develop a comprehensive Innovation Strategy. In the context of strategies to promote growth through innovation, governments are increasingly realising that the regional dimension of innovation is crucial. This realisation is now shared among ministries of economy and finance, science, technology and industry, and regional development. |