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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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Slovak Republic

The Slovak Republic is one of Europe’s most dynamic economies. Yet, along with other post-communist countries, the country still faces major challenges in the field of innovation and in moving towards a knowledge-based economy. Business and public R&D remain well below the OECD average. Although gross domestic expenditure on R&D (GERD) has grown steadily (at an annual rate of 16.3% over the period 2009 2014), investment in R&D as a share of GDP is far below OECD norms (table 1). Publicly financed R&D reached 0.39% of GDP in 2014, which is about 60% of the average in OECD economies. Improvements in governance and reforms to the public research sector have continued in recent years. The current major STI policy priorities are R&D and business innovation, enhancing the transfer and impact of public research, and improving policy governance.

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