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Science, Technology and Innovation Indicators in a Changing World

Responding to Policy Needs

image of Science, Technology and Innovation Indicators in a Changing World

As the world interconnects, science, technology and innovation policies cannot be seen as standing alone. There is a growing interest from central banks and ministries of finance in improving the understanding of how science, technology and innovation create value in the form of increased productivity and profits, and contribute to the valuation of enterprises, and ultimately stimulate the growth and competitiveness of economies. This conference proceedings of the OECD Blue Sky II Forum describes some of the policy needs, measurement issues, and challenges in describing cross-cutting and emerging topics in science, technology and innovation (STI). It also presents ideas to exploit existing data and develop new frameworks of measurement in order to guide future development of STI indicators at the OECD and beyond.

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Measuring Cross-Cutting and Emerging STI Issues

The existing rhetoric on the future benefits of biotechnology could be summarized as: biotechnology is the next technology wave that will deeply transform the economy and society by providing products and processes that will solve health problems, feed the world with new agricultural products, heal the environment and provide sustainability. Beyond the rhetoric, the indicators of biotechnology activities reveal an emerging phenomenon that is still relatively small. Many actors from the private sector, governments and universities are convinced of the future success of biotechnology. A recurring policy question is: What evidence provides a solid basis or argument for government to invest in biotechnology?

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