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Science and Technology

ocean-economy-news

What's the future for the Ocean Economy?

The last few years have seen a spectacular increase in attention devoted to protecting the world’s ocean and seas. At the same time, interest has grown in the huge potential offered by the future development of ocean-based industries.

The many economic activities that make use of the ocean possess great potential for boosting economic growth, employment and innovation. Together, ocean-based industries play a key role in the world economy. Calculations on the basis of the OECD’s Ocean Economy Database estimate the ocean economy’s output in 2010 at USD 1.5 trillion. The Ocean Economy in 2030 examines how we can strike the right balance and enhance efforts to address the challenges of sustainable use of the ocean. 

Industry and Globalisation

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No Country for Young Firms?

Policies that impose an extra cost to risk are particularly harmful to employment growth in the most dynamic sectors, especially for young firms. Start-ups are systematically more exposed to the policy environment and national framework conditions than incumbents. This is particularly relevant for policy makers, because risky and volatile sectors are also characterised by larger employment growth.

This paper provides new cross-country evidence on the links between national policies and the growth patterns of start-ups. In particular, it compares for the first time the heterogeneous effects of national policies on entrants and incumbents, within the same country, industry, and time period. 


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High-level symposium on excess capacity and structural adjustment in the steel sector

A High-Level Meeting on excess capacity and structural adjustment in the steel sector was convened on 18 April 2016, at the Palais d’Egmont in Brussels, co-organised by the OECD and the Belgian government. The discussions were co-chaired by Ms. Mari Kiviniemi, Deputy Secretary-General of the OECD, and Mr. Risaburo Nezu, Chairman of the OECD Steel Committee.

The discussions brought together senior government representatives and industry representatives from all major steel producing, consuming, trading and raw material supplying economies, to seek possible solutions to the excess capacity challenge facing the global steel industry. Three short Background Notes were prepared to support the discussions, providing information on the latest steel market, capacity and trade developments. The discussions and outcomes of the meeting are summarised in the Co-Chairs' Summary.

Innovation and Productivity

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How can the benefits of innovation reach all of society?

In early April the OECD welcomed Israel’s Chief Scientist, Mr. Avi Hasson, to speak on “Start-Up Nation, Productivity Breakdown – The Challenges of Dual Economy”. This seminar, jointly hosted by STI and the OECD’s Israeli delegation explored how innovation can be a solution to inclusive growth. Against the backdrop of Israel’s high-performing tech sector, Mr. Hassan discussed the policies that can generate economic growth with social inclusion. A video of the seminar is available here


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Routine content of occupations: New cross-country measures based on PIAAC

Non-routine intensive jobs are associated with higher skills. On average, in 2012, 46% of employed persons worked in non-routine intensive or low-intensive occupations, although with significant differences across countries.

This new working paper proposes a new measure of the routine content of occupations, built on data from the OECD PIAAC survey of adult skills mirroring the extent to which workers can modify the type and sequence of tasks performed on the job.

Digital Economy

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Building Global Connectivity – our collective digital future

Innovation, investment and competition will spread the benefits of connectivity, but there are challenges. How is digital convergence affecting policy and regulation? How can policy makers promote the positive elements of the Internet of Things, while managing its risks? These questions and more will be discussed from June 22-23 at the OECD Ministerial Meeting on the Digital Economy in Cancun. Two panels will explore the path to achieving global connectivity.

@OECDInnovation #OECDDigitalMX

Now available- en français!

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R&D tax incentives from the 2015 STI Scoreboard

A new brief on Data and Statistics on R&D Tax Incentives is now available in French. The brief brings together indicators published in the 2015 STI Scoreboard across OECD and partner economies and provides evidence on the design and cost of R&D tax relief and major recent trends.

Topics

Digital economy
Broadband and telecom
Industry, entrepreneurship and productivity
Science and technology policy
Biotechnology policies
Consumer policy

Statistics

OECD-WTO Trade in Value Added (TiVA)
Broadband Portal
Main Science and Technology Indicators
Research and Development Database
Input-Output Database
Structural Analysis Database
Bilateral Trade Database
Patent Database


Did you know?

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Between 2001 and 2011, entrants and young firms remained the main contributors to net job creation?