During these difficult years, productivity growth has slowed down, reviving fears that we are now entering a period of poor growth and low job creation. One of the main challenges facing our countries is what to do to re-launch productivity, the main factor of long-term growth, and how to do it. This has been the focus of the report we are launching today entitled “The Future of Productivity”.
Because the OECD is not only a “Global Standard Setter and a house for best practices”. It is also a pathfinder for effective implementation and we will be very proud to share our experience and expertise with APEC member economies and their business circles to develop innovative ideas and practical tools for competitive economies and inclusive societies!
As advanced economies struggle to consolidate recovery from the deepest financial crisis in modern times, promoting innovation becomes critically important to develop new products, new services, and new ways of doing thing, said OECD Secretary-General.
The report highlights the importance of taking a more experimental approach to innovation policy, one that is based on systematic evaluation and improvement, learning from both successes and failures. More importantly, it provides examples of how to put this experimental approach into practice, said OECD Secretary-General in Washington.
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.
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.
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.
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.
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Presentation to the International Conference on Innovation in Energy Technologies: Brown