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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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Labour market policies for the highly skilled

The effective use of a skilled workforce is necessary for a well-functioning science, technology and innovation (STI) system. The policy challenges in ensuring an adequate mix of skills for innovation are likely to vary by country. First, the range of skills for innovation ranges from S&T capabilities to skills such as management, communication and entrepreneurship. Second, the type of skills required varies widely across industries and firm size (Toner, 2009). Third, the optimal mix of skills varies over time – in many countries computerisation and globalisation have contributed to large changes in labour demand, for instance in professions that require more abstract, cognitive skills (OECD, 2010a). Lifelong learning is therefore an essential part of both reacting to and fostering innovation. While education policies mainly support the supply of skills for innovation (see the policy profile on “Strengthening education and skills for innovation”), labour market policies aim to raise the level of knowledge and skills effectively used by the labour force.

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