Innovation is a powerful force for sustainable economic growth. But many countries have barely begun to tap the potential of innovation to bolster economic prosperity and well-being.

In 2007, with productivity losing momentum, OECD ministers agreed on the need to improve the framework conditions for innovation. A worsening economic climate has increased that imperative. The analytical challenge of the OECD Innovation Strategy is to better understand how innovation works in a global market for science and technology. The goal is to help policy makers improve framework conditions for innovation and trigger a virtuous circle driving growth.

This project is built around evidence-based analysis and benchmarking. It will include a framework for dialogue and review, new indicators on the innovation-economic performance link, initiatives for innovation-friendly business environments, and the development of best practices and policy recommendations.

This website is directly accessible at www.oecd.org/innovation/strategy.