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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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Public research policy

Public research, i.e. research primarily funded with public money and carried out by public research institutions (PRIs) and research universities, plays an extremely important role in innovation systems by ensuring the provision of new knowledge. Public-sector research is considerably smaller than business research and development (R&D) in the majority of OECD countries: government intramural expenditure on R&D was on average 0.29% of gross domestic product for the OECD area in 2009, and higher education expenditure on R&D was 0.44% (including a small percentage funded by business), while business expenditure on R&D stood at 1.69%.

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