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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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The future of science, technology and innovation policies

This chapter describes recent developments and the outlook for science, technology and innovation (STI) and STI policies. As economic growth gains momentum, STI activities should increase. However, the recovery remains uneven. The crisis caused lasting damage to public finances, creating a new deal for STI policies, which must consider the risks and opportunities raised by the continuing globalisation of STI activities: global value chains and the international circulation of people and knowledge. Innovation should help address global, environmental and societal challenges and raise new policy challenges.This chapter is based on OECD work in science, technology, industry, education, innovation, migration, trade, environment, finance, tax systems, public governance and statistics. It draws on country responses to the OECD STI Outlook questionnaire 2014, a unique source of country-specific information on national innovation policies. While high-quality macroeconomic, competition, regulation, tax and labour market framework conditions matter for innovation, this chapter focuses on STI and entrepreneurship policies.

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