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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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Strengthening education and skills for innovation

Education policies play a central role in innovation, by supplying the foundations and skills innovative economies require to develop new processes, to adopt new products and to adapt to changes over time. Rising investment in intangible assets (i.e. software, designs, new forms of business organisation) has proved to be important for growth and productivity, and such intangible assets are often a direct manifestation of human capital built on rising educational attainment and investment in skills (OECD, 2015a). The incremental and pervasive nature of innovation also broadens the workforce that can contribute to innovation generation and diffusion. A large educated society enables more user-driven innovation or emerging practices such as do-it-yourself science or crowdsourcing that hold promise for the future.

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