OECD Science, Technology and Innovation Outlook 2016
The fully revamped and re-titled OECD Science, Technology and Innovation Outlook is a biennial publication that aims to inform policy makers and analysts on recent and future changes in global science, technology and innovation (STI) patterns and their potential implications on and for national and international STI policies. Based on the most recent data available, the report provides comparative analysis of new policies and instruments being used in OECD countries and a number of major emerging economies (including Brazil, China, India, Indonesia, the Russian Federation and South Africa) to boost the contribution of science and innovation to growth and to global and social challenges. In this edition, detailed country and policy profiles are available on line.
Czech Republic
The Czech Republic is an open European economy. GDP growth increased strongly in 2015, partly due to EU-financed public investment. Exports accelerated in late 2015 and are benefitting from favourable developments in the automotive industry, an economically important sector in the country. The importance of science, research and innovation for competitiveness has grown considerably. While aspects of the Czech STI system are catching up with OECD standards, the system as a whole is still lagging. GERD increased from 1.3% of GDP in 2009 to 2% in 2014. The National Research, Development and Innovation Policy update (2016‑20) (NRDIP) confirms the previously set targets for 2020 of GERD of 2.7% of GDP and public R&D expenditure of 1% of GDP.
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