OECD news on science, technology and innovation View the email online
30 May 2017
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The Next Production Revolution: Implications for Governments and Business

Businesses need to step up the adoption of cutting-edge technologies, materials and production processes if countries are to reap their full potential in terms of productivity gains. That is the key message of the OECD's new report entitled The Next Production Revolution: Implications for Governments and Business, launched in Rome on 10 May. With analysis of a wide range of technological developments in production, from increasingly autonomous digital systems, to the environmental impact of 3D printing to the latest advances in industrial biotechnology, the report offers new insights for policy makers seeking to create the right conditions for seizing the opportunities of the NPR.
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New releases 
The Great Divergence(s): New evidence on the increasing dispersion in wages and productivity

Rising wage inequality has been a hallmark of the last few decades, largely due to increasing wage dispersion between firms. At the same time, the productivity performance of firms is diverging, raising the question - is there a positive relationship between these two great divergences? 

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Skills and global value chains

In an increasingly competitive international environment, providing workers with the right mix of skills can help ensure globalisation translates into new jobs and productivity gains, boosting countries' performance in global value chains. This is the subject of the OECD's Skills Outlook 2017: Skills and Global Value Chains, launched in London on 4 May. 

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You might have missed it
G7 Leaders' Summit, Taormina, 27 May 2017

OECD Secretary-General Angel Gurría attended the G7 Leaders' Summit, where he delivered remarks at the outreach session on “The role of innovation as a driver of growth and development in Africa”, drawing on the findings of the OECD's work on the Next Production Revolution.
The role of skill bundles for comparative advantage and industry performance in global value chains

Economic theory suggest that the bundling of various skills at the worker level and their distribution matters most for industry and trade specialisation. This working paper uses data on cognitive skills, coupled with data from the OECD Trade in Value Added (TiVA) database, to show that skill bundles at the worker level matter more for specialisation than country endowments of capital or having workers with different education levels.

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Reforms for intellectual economy and innovative entrepreneurship

OECD Director for Science, Technology and Innovation Andrew Wyckoff attended the 2nd World Conference on Technology, Innovation and Entrepreneurship in Istanbul on 12-14 May, and presented his views on the comparative performance of OECD countries on key science, technology, innovation and business dynamics indicators.

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The growing dispersion of wages and productivity in OECD countries

Some firms pay well while others don’t; and some are highly productive while many aren’t. In this VoxEU blog, Giuseppe Berlingieri, Patrick Blanchenay and Chiara Criscuolo provide the quick read of the OECD's new evidence on this phenomenon.

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US manufacturing decline and the rise of new production innovation paradigms

William Bonvillian, Lecturer at MIT and Advisor to MIT's Industrial Performance Center, reflects on the potential of advanced manufacturing to drive up production efficiency and create jobs up and down the value chain.

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Mark your calendar!
Follow us at the OECD Forum on 6-7 June

This year's OECD Forum is about bridging divides to build more inclusive societies. With sessions including "Me, myself and AI", "No ordinary disruption" and "The digital world we want", the role of digitalisation in spurring both innovation and disruptive change will be centre stage.
Too many adults lack the skills needed to face the challenges of globalisation.

More than
200 million adults
across OECD countries (about one in four) have low literacy or numeracy skills.
Source: OECD Skills Outlook 2017.
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