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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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New industrial policies

The term ‘industrial policy’ has many meanings, not all of them specific to manufacturing. However, it is helpful to distinguish two distinct meanings. The first and narrower use of the term refers to government policy that aims to alter the structure of production in ways that enhance national welfare. Such policy typically focuses on manufacturing, but not exclusively so, and has often entailed some form of targeted policy, including subsidies or protection from competition.[1] The second usage refers to horizontal policies (i.e. not sector specific) that afford an enabling environment for industry or for business more generally.

 

 

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