Chapter 12: The OECD Innovation Strategy: science, technology and innovation indicators and innovation policy
OECD countries are at a critical economic and social juncture. Most of the fiscal and monetary levers available to revive the economy have been exhausted, and the scars of the crisis – starting with unemployment and inequalities – are still deep and fresh. In this context, governments have no choice but to swiftly implement far-reaching structural reforms to support growth . . . This imperative makes the case for a more intelligent type of growth, one that is welfare enhancing, inclusive and sustainable, driven by new ideas, new technologies, new entrepreneurs, new business models and new social organisations. The world economy needs traditional ‘Schumpeterian’ innovation, as well as social innovation
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