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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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Norway

Norway has one of the world’s highest incomes per capita, owing to its rich endowment and prudent management of natural resources. However, growth has recently decreased and unemployment has risen since 2014. Driven by low crude oil and gas prices, the energy sector has cut petroleum investments with spillovers on other sectors. Unemployment is low in terms of OECD standards but recently increased and is set to peak in 2016. Since the new government took office in October 2013 it has developed a new strategic framework and, following this guidance, increased public R&D funding and prepared major initiatives to improve research excellence and support the diversification of the industry away from oil and gas. The Long-Term Plan for Research and Higher Education 2015–24, adopted in 2014, has three overarching objectives: enhanced competitiveness and innovation, tackling major social challenges and developing research communities of outstanding quality. The plan also aims to increase public expenditures and private investment in six long-term priority areas. The plan also sets a target for government appropriations for R&D to one per cent of GDP

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