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The reviews that we are presenting today are a clear example of the type of benefits that Colombia will derive from its accession to the OECD. They are also a testament to the vision shown by President Santos’s Government in promoting best practices in these areas through closer association with the OECD.
Good public policies are central to well-functioning economies. Better policies on innovation, combined with high-quality regulations and a more efficient public administration, can help Colombia create jobs, boost economic growth and support development, according to three new OECD reports.
Young firms play a crucial role in job creation but have missed out on many of the benefits of structural reforms of the past decade in OECD countries.
The STI Scoreboard analyses the major trends in knowledge and innovation in today’s global economy. With over 250 indicators it presents a policy-oriented review of science, technology, innovation and industrial performance in OECD and major non-OECD economies.
The OECD Directorate for Science, Technology and Industry (DSTI) manages databases of internationally comparable statistics. These statistics and indicators underpin policy-related analytical work, particularly with respect to links between technology, competitiveness and globalisation. DSTI also plays a leading role in the development of international statistical standards in the STI area.
Interview with Andrew W. Wyckoff, OECD Director for Science, Technology and Industry on how to drive forward innovation and digital advancement.
After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.
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.