This report explores the potential role of data and data analytics for the creation of significant competitive advantage and the formation of knowledge-based capital. Five sectors are discussed as areas in which the use of data can stimulate innovation and productivity growth: online advertisement, health care, utilities, logistics and transport, and public administration.
The growing food security and poverty challenges that we face deserve our special attention. Experience has shown that only through sharing best practices and lessons learned can we develop more targeted policies and coordinate our efforts at promoting agricultural development through innovation, said Angel Gurría, OECD Secretary-General.
Investment in knowledge-based capital (KBC) – assets that lack physical embodiment, such as computerised information, innovative property and economic competencies – has been rising significantly. This has implications for innovation and productivity growth and requires new thinking on policy.
This paper uses panel regression techniques to assess the policy determinants of private sector innovative Activity – proxied by R&D expenditure and the number of new patents – across 19 OECD countries. The relationship between innovation indicators and multifactor productivity (MFP) growth is also examined with a particular focus on the role of public policies in influencing the returns to new knowledge.
This review provides a quantitative and qualitative assessment of countries’ capacity in S&T and innovation. A regional synthesis highlights current performance and knowledge circulation, and country profiles describe the dynamics of national innovation systems and their relation to international knowledge flows, taking into account the wider framework conditions for innovation.
This book evaluates the performance of the knowledge-based sector in Mexico and provides policy recommendations for improving the financing, creation and expansion of innovative knowledge-based start-ups.
The new OECD/WTO database on trade in value-added is not just about changing the numbers, but policymakers’ approaches too. It gives trade fresh importance, and a place high on the agenda of the UK’s G8 presidency.
Demand for food and feed is increasing worldwide, and there is greater pressure on land, water and biodiversity. Agriculture policymakers face the challenge of increasing innovation, improving agricultural productivity growth and make more efficient use of available natural resources. In this interview for EuroChoices, OECD Trade and Agriculture Director Ken Ash explains the role that innovation will play in the future of food.
“Crowdsourcing” pools the strength of the many to perform complex tasks–everything from funding a film to sequencing DNA. At its heart is trust–not a blanket belief in great institutions, but rather the confidence between individuals that each will do the right thing. Its power is being increasingly felt today, even in the world of international development.
The growing awareness that knowledge-based capital (KBC) is driving economic growth is prevalent in today’s global marketplace. The creation and application of knowledge is especially critical to the ability of firms and organisations to develop in a competitive global economy and to create high-wage employment.