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OECD Science, Technology and Industry Outlook 2012

image of OECD Science, Technology and Industry Outlook 2012

Based on the latest information and indicators in science and innovation, the OECD Science, Technology and Industry Outlook 2012 reviews key trends in STI policies and performance in OECD countries and major emerging economies, and across a number of thematic areas. In this edition, individual policy profiles and country profiles trace the driving role that science, technology and innovation are expected to continue to play towards a sustainable and lasting recovery from the economic crisis.

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Executive summary

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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