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One of the important lessons of the past two decades has been the pivotal role of innovation in economic development. The build-up of innovation capacities has played a central role in the growth dynamics of successful developing countries. Ongoing work at the OECD analyses innovation for development around a number of specific themes.
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Investment and growth in OECD economies are increasingly driven by knowledge-based capital (KBC). In many OECD countries, firms now invest as much or more in KBC as they do in physical capital such as machinery, equipment and buildings.
We must improve mobility policies, foster energy technology and innovation and we must go seamless to improve efficiency and connectivity of transport. It is time to act now, to design, promote and put in place better transport policies for better lives!
Innovation is a central element of China’s reform agenda. Chinese innovations have benefited the world throughout history. Today, with the right policy mix, China could continue to inspire new scientific and technological advances, helping to revitalize the global economy.
25 delegates from 16 countries, and a representative from the European Commission participated in the first meeting of the Observatory’s Task Force. The meeting provided a valuable opportunity to discuss the strategic directions and initial activities of the Observatory. At the end of the meeting, Task Force members supported the nomination of Canada and France as Co-chairs of the Task Force.
This article in the OECD Observer asks what experience Israel, a new OECD member, can bring to the table in terms of innovation. Many OECD countries today are looking to boost productivity through investments in science, technology and R&D. What is Israel's story?
This blogpost from the OECD Insights Blog sets out some of the main findings from the OECD Science, Technology and Industry Scoreboard 2011, including where scientific research is being done and what impact it has, how patents are tracking the impact of science and more.
The quality of patent filings has fallen by 20% over the past two decades, as reported in this 2-minute video. Fall in quality reduces the potential for breakthrough inventions, says the OECD's Science, Technology and Industry Scoreboard 2011.
The quality of patent filings has fallen dramatically over the past two decades. The rush to protect even minor improvements is overburdening patent offices and reduces the potential for breakthrough inventions, according to the Science, Technology and Industry Scoreboard 2011.
We must reboot our economies with a more intelligent type of growth, driven by new start-ups, innovative small and medium enterprises. We need new ideas, new business models, greener technologies but we also need new skills. Thus, innovation go hand in hand with education and knowledge.