|
In 2007, Ministers agreed that promoting innovation would require a cross-government policy.
Why a new approach?
-
Today economies and innovation are more complex, dynamic and global. Funding domestic research institutes is no longer sufficient to drive innovation.
-
New drivers of innovation have emerged around the world, such as consumer demand for improved products or processes. Social factors in low and middle income countries also drive the demand for innovative new products, such as a safe, fuel-efficient $2,000 car for India.
-
Technology collaboration and knowledge sharing has gone global, through new business models, new management strategies and better educated populations. The Internet is the central nervous system of these vital knowledge networks. By making cross-border collaboration instantaneous and easy, the Internet and related communications technologies have changed the rules of the innovation game.
-
Non-OECD countries (notably the BRICS) and other new players are making larger investments in science and technology, but also building capacity to absorb and adapt knowledge and technology from abroad.
As a result, they are increasingly able to exploit the global pool of knowledge to spur innovation.
The strategy builds on work across the OECD in innovation, the services sector, entrepreneurship and the broader business environment. Ministers particularly welcomed a cross-divisional approach that can more effectively address global challenges, notably in the environment and health.
The work will also examine the functioning of the current intellectual property rights system in a more open business environment for innovation and propose ways to stimulate innovation while also providing access to knowledge.
|
