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OECD Science, Technology and Innovation Outlook 2016

image of OECD Science, Technology and Innovation Outlook 2016

The fully revamped and re-titled OECD Science, Technology and Innovation Outlook is a biennial publication that aims to inform policy makers and analysts on recent and future changes in global science, technology and innovation (STI) patterns and their potential implications on and for national and international STI policies. Based on the most recent data available, the report provides comparative analysis of new policies and instruments being used in OECD countries and a number of major emerging economies (including Brazil, China, India, Indonesia, the Russian Federation and South Africa) to boost the contribution of science and innovation to growth and to global and social challenges. In this edition, detailed country and policy profiles are available on line.

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Chile

While Chile has displayed resilient economic growth despite the reduction in commodity prices, the country will need to further diversify its economy to sustain this. Over 2011-14, Chile’s productivity growth exceeded the average for the OECD area. Total factor productivity has grown particularly outside the capital-intensive mining sector. However, the country continues to struggle with a fragmented innovation system. Moreover, Chile displays persistent limited social mobility and high inequality, preventing lower-income individuals and communities in lagging regions from participating in innovation activities. The country has introduced STI policies to deal with these challenges. In particular, the new government’s 2014-18 Growth, Innovation and Productive Agenda (GIPA) will help to strengthen innovation as a key driver for growth.

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