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OECD Science, Technology and Industry Outlook 2014

image of OECD Science, Technology and Industry Outlook 2014

The OECD Science, Technology and Industry Outlook 2014 reviews key trends in science, technology and innovation (STI) policies, and performance in more than 45 economies, including OECD countries and major emerging economies. The report draws on the latest OECD work on science and innovation policy analysis and measurement.

Following an overview of the STI global landscape and policy trends, key policy issues are discussed across a series of thematic policy profiles. The third section examines individual STI country performances, along with the most recent national policy developments. These global and national policy trends are monitored by a unique international policy survey conducted by the OECD every two years.

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Intellectual property markets

Intellectual property rights (IPRs) – patents, trademarks, industrial designs and copyrights – are increasingly traded in markets. Public policy plays an important role in shaping intellectual property (IP) markets and thus their impact on innovation. In today’s highly networked world, the circulation of ideas is vital to innovation. Knowledge flows make possible a broader, more diverse and better use of existing competences and knowledge, beyond the uses or applications foreseen by the sole proprietor. Inventors, designers and authors, particularly researchers in universities and public research institutes, are not always best placed to exploit their own knowledge. Organisations are therefore increasingly looking for ways to trade knowledge capital. However, high transaction costs often impede the successful negotiation of licences or other types of agreements.

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