OECD Science, Technology and Industry Outlook 2010

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In the search for a rapid, sustainable and lasting recovery from the economic crisis, science, technology and innovation are expected to play a driving role. But what are the implications for science and innovation policy? What steps are countries taking to boost their capabilities in these areas? What place are emerging economies likely to occupy in the science, technology and innovation landscape?

The OECD Science, Technology and Industry Outlook 2010 reviews key trends in science, technology and innovation in OECD countries and a number of major emerging economies including Brazil, China, India, Russia and South Africa. Using the latest available data and indicators, it examines topics high on the agenda of economic policy makers, including performance in science and innovation, trends in national science, technology and innovation policies and the design and assessment of innovation policy, including policy interactions and the “policy mix”. It provides individual profiles of the science and innovation performance of each country and relates these to their national context and current policy challenges.

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Portugal’s science and innovation profile reveals both strengths and weaknesses. It has improved significantly over the past two years and four indicators now exceed the average, compared with two in the previous STI Outlook. Although still below the OECD average, gross expenditure on R&D (GERD) has almost doubled, from 0.8% of GDP in 2000 to 1.5% in 2008. Since 2005, GERD has grown in real terms by a strong average annual 25%. The funding of GERD has changed significantly: industry’s share increased from 27% in 2000 to 47% in 2007, while the government’s share fell from 65% to 45%. Business expenditure on R&D (BERD) increased from 0.2% of GDP in 2000 to 0.8% in 2008; in 2008 venture capital intensity (0.03% of GDP) was well below the average.

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