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OECD Reviews of Innovation Policy: China 2008

image of OECD Reviews of Innovation Policy: China 2008

OECD Reviews of Innovation Policy offer a comprehensive assessment of the innovation system of individual OECD member and non-member countries, focusing on the role of policy and government. The Chinese government has launched a national strategy to build an innovation-driven economy and society by 2020. Will China be able to succeed in making this challenging transition? This report assesses the current status of China’s national innovation system and policies, and recommends improvements required in both the policy and institutional environments for China to succeed in promoting innovation through a market-based approach.

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Human Resources for Science, Technology and Innovation in China

Human resources for science and technology (HRST, see Box 6.1) are essential for innovation and economic growth in two main ways. First, highly skilled people contribute to economic growth directly through their role in the creation and diffusion of innovations. Second, those with science and engineering (S&E) skills contribute indirectly, by maintaining society’s store of knowledge and by transmitting it to future generations. Research has suggested strong social returns to education and close links between formal education and innovation capabilities. Even though innovation requires many non-research and non-technological skills, there is an increasing demand for individuals with higher levels of education and advanced training in science and technology (S&T).

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