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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Economic growth has lagged that of most EU countries; from 2001 to 2006, real GDP per capita growth averaged only 0.1% a year. Although R&D spending has grown faster than GDP (9% a year on average between 1995 and 2006), R&D intensity remains very low (at 0.83% of GDP in 2006). The government sector still accounts for most research funding, although industryfinanced R&D increased from 0.11 to 0.29% of GDP from 1995 to 2005.

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