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The OECD Science, Technology and Industry Outlook 2012 is the ninth in a biennial series designed to review key trends in science, technology and innovation (STI) in OECD countries and a number of major non-member economies: Argentina, Brazil, China, Colombia, Egypt, India, Indonesia, the Russian Federation and South Africa. It aims at informing policy makers responsible for STI policies, business representatives and analysts about recent and anticipated changes in the global patterns of science, technology and innovation and to understand the current and possible future implications for national STI policies both at global and national level.
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Short-term shocks – linked to the economic crisis – and long-term shocks – environmental, demographic and societal – have put OECD economies before unprecedented challenges. Under extremely stringent budgetary constraints, governments are mobilising all policy domains to design appropriate responses for reaching strong and sustainable growth. They must seize the opportunities offered by the Internet and global markets, as well as mobilise the main assets of their countries – human capital, knowledge capital, and creativity. In this agenda, innovation policies are given a pivotal role, which they can fulfill only if they adapt to this new context: they need relevance, coherence and inclusiveness in order to achieve efficiency and effectiveness.
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