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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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Start-up and entrepreneurship

Public support of entrepreneurship is often justified by perceived market failures that affect business creation and by the positive impact of business dynamics on economic growth and job creation. Public policies for entrepreneurship are often motivated by evidence demonstrating the impact of young innovative firms on economic growth and job creation. Policy makers also seek to address perceived market failures for start-ups, including information asymmetries and financing gaps.

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