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The OECD Innovation Strategy

Getting a Head Start on Tomorrow

image of The OECD Innovation Strategy

Well-timed and targeted innovation boosts productivity, increases economic growth and helps solve societal problems. But how can governments encourage more people to innovate more of the time? And how can government itself be more innovative?

The OECD Innovation Strategy provides a set of principles for fostering innovation in people (workers and consumers), in firms and in government. It takes an in-depth look at the scope of innovation and how it is changing, as well as where and how it is occurring. The result is the formulation of far-reaching policies for innovation using recent research and data.

"a thoughtful new report on how governments can do better at spurring and measuring innovation." The Economist

English Also available in: Spanish, French

Fostering Innovation

The Policy Challenge

This chapter presents the innovation policy context and discusses why governments need to develop a strategic approach to fostering innovation. It shows that innovation, broadly defined, is a key driver of growth performance and of economic growth. It indicates that it is essential for all governments to develop policies to strengthen innovation performance and outcomes. Because innovation takes various forms, they can adopt different policies and instruments. The mix of appropriate policies to foster innovation depends on many factors; it is important to recognise that “one size does not fit all”.

English Also available in: French

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