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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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Lithuania

Following a 15% plunge in GDP in 2009, the Lithuanian government launched broad economic reforms. Combined with spending cuts and tax rises, these led to a quick recovery in 2010. Since then Lithuania has been one of the fastest-growing EU economies, with GDP rising by 4.1% a year on average over 2011‑2014. Labour productivity has increased steadily since 2009 (2). Lithuania’s GERD also has increased but is still far below the OECD average (1). The funds from abroad increased from 10.7% of GERD in 2004 to 34.3% of GERD in 2014. The government has launched the Lithuanian Innovation Development Programme (LIDP) 2014-20 to support competitiveness and economic growth through innovation. LIDP is being implemented according to the action plans which cover the two periods: 2014‑2017 and 2018-2020. Furthermore, the government has launched the National Programme for the Development of Studies, Research and Experimental (social and cultural) Development for 2013–2020 (NPDSRED). The Programme aims at strengthening the country’s competitiveness and increasing welfare by developing education, R&D and innovation systems. It is being implemented according to the action plans for two periods: 2013-15 and 2016-18.

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