OECD Science, Technology and Industry Outlook 2008

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The OECD Science, Technology and Industry Outlook 2008 reviews key trends in science, technology and innovation in OECD countries and a number of major non-member economies including Brazil, Chile, China, Israel, Russia and South Africa. Using the latest available data and indicators, the book examines topics high on the agenda of science and innovation policy makers, including science and innovation performance; trends in national science, technology and innovation policies; and practices to assess the socio-economic impacts of public research. This volume also provides an individual profile of the science and innovation performance of each country in relation to its national context and current policy challenges.

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On many indicators, Japan is at the forefront of world science, and is among the leading OECD countries on measures such as R&D intensity and business R&D. However, R&D outputs have not always appeared commensurate with the substantial investment in R&D. In particular, labour productivity growth has remained close to the OECD average for the past decade, and is the main factor behind the gap in GDP per capita with the leading OECD countries. Strengthening the efficiency of the innovation system will be essential to increasing growth.

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