Policies for Seed and Early Finance: Findings from the 2012 OECD Financing Questionnaire

This paper highlights the growth in support for financial instruments for seed and early-stage firms across OECD countries. These instruments include grants, loans and guarantee schemes, tax incentives and equity funds. This increased support is linked to the recent financial crisis and the growing concern about young firms’ access to finance.

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Global Forum on the Knowledge Economy

The aim of the OECD Global Forum on the Knowledge Economy (GFKE) is to strengthen the OECD’s Global Relations in the areas of work covered by four DSTI Committees.

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Insights Blog: In search of elusive growth - Making the most of R&D tax incentives

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?

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• Measuring R&D Tax Incentives

Reform R&D tax systems to boost innovation and help young firms, says OECD

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.

New sources of growth: Knowledge-based capital

In many OECD countries, investment in intangible assets is growing rapidly. In some cases this investment matches or exceeds investment in traditional capital such as machinery, equipment and buildings.

Implications of global value chains for trade, investment, development and jobs (pdf)

Prepared for the 2013 G20 Summit in Saint Petersburg, this joint OECD-WTO-UNCTAD report analyses the functioning of global value chains and their relationship with trade and investment flows, development and jobs.

Measuring Trade in Value Added: An OECD-WTO joint initiative

The Trade in Value Added initiative accounts for the double counting implicit in current gross flows of trade, and instead measures flows related to the value that is added (labour compensation, taxes and profits) by a country in the production of any good or service that is exported.

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• Global Value Chains

The Construction of a New International Economic Order

To better integrate their economies into Global Value Chains, governments need a fine-tuned understanding of their dynamics and policies, and we have made considerable progress on this front. For example, we have learned that success in international markets depends as much on the capacity to import high-quality inputs as on the capacity to export: intermediate inputs account for over 2/3 of the goods and 70% of the services we trade.

Global Value Chains

The emergence of GVCs challenges our conventional wisdom on how we look at economic globalisation and in particular, the policies that we develop around it. The OECD is preparing a broad range of work to help policy makers understand the effects of GVCs on a number of policy domains.

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• Interconnected Economies: Benefiting from Global Value Chains - Synthesis Report
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New analysis highlights importance of services to global trade

New trade data measured in value-added terms shows that services – such as logistics, design, and transportation - are far more important to global commerce than they appear in traditional calculations of exports and imports.