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Finding new sources of growth right now is tough. And in a time of rising inequality, to do so equitably and fairly is even tougher. Innovation can help, but with budgets stretched to the limit how can governments boost innovation in their economies?
Most OECD governments use tax incentives to encourage businesses to invest in research and development (R&D) to boost innovation and drive economic growth. Others, like China, India and South Africa, are doing the same. But reforming these incentives would give countries a better return on their investment and support young innovative firms that play a crucial role in job creation, according to a new OECD report.
Start-ups are gaining momentum in Latin America's innovation strategies. Start-up Latin America: Promoting Innovation in the Region analyses the role of policies in promoting the creation and expansion of start-ups. It provides a comparative snapshot of recent initiatives in six countries in the region to identify good practices and foster knowledge sharing to improve innovation policy design and implementation.
OECD countries must ensure mobile markets remain open and competitive in order to sustain innovation and meet rising demand for data services, according to a new OECD report.
The creation of innovative new firms and the development of SME innovation are strongly influenced by the extent to which localities offer environments that favour the transfer of knowledge to local business and provide the other resources required for innovative firm development, including skills, finance, advice, and supply chain partners.
What role can governments play in agricultural innovation? This report reviews recent trends in agricultural innovation systems (AIS) and looks at how governments can contribute to agricultural productivity and sustainability by fostering innovation in the agri-food sector.
KNMs are arrangements which govern the transfer of various types of knowledge, such as intellectual property, know-how, software code or databases, between independent parties across the economy. The OECD's KNM project studies existing and emerging knowledge allocation mechanisms and their impact on knowledge creation, dissemination and use. The assessment of the economic significance of KNMs informs an evidence-based approach to
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.